Our Stories

LISC CEO to NYT: Leverage Community Development System to Narrow Inequality

In a letter to the editor of the New York Times responding to a David Brooks column on reparations to African Americans, LISC's CEO describes how CDFIs and community-led development projects are a ready-made strategy for building equitable prosperity across the country. What's needed now is intensive public and private investment to make it work.

Closing the Racial Opportunity Gap is Within America’s Grasp. So Let’s Do It.

For the nation to be competitive, we must pursue economic justice and close the racial wealth gap, write LISC CEO Maurice A. Jones and board chair Robert E. Rubin in an op-ed for The Hill. They lay out concrete bipartisan steps that government can take today to lift millions of Americans out of poverty and promote an equitable economic recovery.

6.17.2020 -

Janelle Monáe Highlights LISC in Variety Magazine

In Variety’s 2020 Power of Woman issue, Janelle Monáe voices her support for LISC’s Covid-19 response efforts, specifically for the Small Business Relief Grant program. As Monáe notes, “96% of those grants are going to women-, LGBTQ-, minority- and veteran-owned small businesses.”

6.17.2020 -

LISC CEO Joins NBA Roundtable on Racial Justice & Health Inequity

Earlier this month, LISC CEO and president Maurice A. Jones sat down with Caron Butler, Kareem Abdul-Jabbar, and Mitch Landrieu for a timely discussion hosted by the NBA. The conversation focused on the social determinants of health, the racialized life expectancy gap and police brutality. During the virtual session, Jones said, “We cannot have racial reconciliation until we come together.”

Maurice A. Jones in the WSJ: Getting PPP to the Communities That Need it Most

LISC's CEO Maurice A. Jones is quoted in a Wall Street Journal article on the challenges of ensuring PPP loans are accessible to entrepreneurs of color and those in underinvested communities. Data is a key to understanding who's benefiting, says Jones, and LISC's PPP program has targeted underserved borrowers who may not have traditional banking relationships.