Our Stories

Opportunity Zones Reality Check

Ensuring that Opportunity Zones investments benefit the people who live and work there was the crux of a recent roundtable led by LISC and the Federal Reserve Bank of New York. An article on Medium.com by LISC’s George Ashton III and the Fed’s Adrian Franco describes the insights—and important takeaways—from community and economic development leaders on the front lines of helping stakeholders shape Opportunity Zone activity in their areas.

10.08.2019 -

“The Sunshine is Free, the Power is Clean”: A Big LISC Investment in Renewable Energy

LISC D.C. joined forces with the Community Preservation and Development Corporation and the National Housing Trust to bring solar energy to 12 affordable housing communities in the nation's capital. LISC provided the largest investment, a $1.2 million loan, to the project, which will lower costs and the carbon footprint for residents of 2,200 apartments. And this is just the beginning. Photos courtesy Community Preservation and Development Corp.

9.26.2019 -

Entrepreneurs of Color Fund Expands its Footprint in Chicago

JP Morgan Chase and Fifth Third Bank announced on Wednesday that it will invest $9.1 million in minority-owned small businesses in Chicago neighborhood through its Entrepreneurs of Color Fund. LISC will continue to guide program mentorship, alongside our partner Acción Chicago. LISC senior director Steve Hall emphasized how the fund can help transform communities and forge opportunity: “It’s important for safety. It’s important for quality of life. And it really impacts the youth of those neighborhoods," he said.

9.26.2019 -

What We’re Reading, 9/24/19

Check out our top three reads covering the challenges and opportunities in American communities. This week, we’re thinking about a plan to "re-street" NYC public housing superblocks, how the unemployment gap is actually growing in black communities, and the fraught state of recovery efforts in Puerto Rico.

Seeing Rural America Through a Clearer Lens

In an interview with Shelterforce editor Miriam Axel-Lute, Jim King of FAHE in Appalachia and Bill Bynum of HOPE in the Mississippi Delta, two longtime LISC partners, discuss the challenge of persistent poverty in rural communities. Investing in rural areas—and dispelling stereotypes about them—they argue, is critical for the health of the entire country.