This month, LISC and Cornell University will co-sponsor a conference on comprehensive approaches to turning vacant and “zombie” homes into community assets—and upending the conditions that create them in the first place. Helene Caloir, director of LISC’s $75 million New York State Housing Stabilization Fund, describes how this work is part and parcel of the broad challenges of revitalizing neighborhoods, dismantling racial inequity and sparking economic mobility.
Public programs that pave the road into the middle class are an investment in our country’s greatest asset—its people. As LISC and other organizations weigh in on the USDA’s proposed rule changes to the Supplementary Nutritional Assistance Program, Maurice A. Jones, LISC’s president and CEO, discusses the imperative of protecting federal assistance that helps catalyze financial stability for our country’s most vulnerable residents—and boosts the health of our economy.
In 2004, Mark Eppli noticed a problem. The Marquette University professor became acutely aware of the critically low rates of people of color working in commercial real estate development in Milwaukee. Not one to walk away from a problem, he set off to find a solution with the help of Milwaukee’s community leaders, politicians and local organizations. What he built became the Associates in Commercial Real Estate, or ACRE, a program that has become a mainstay in the city. LISC’s Tope Folarin shares the story of how ACRE got started, the impact it has had in the city, and the inspiring graduates who help keep it moving forward.
Helen Leung grew up in LA's Frogtown and understands well how the affordable housing crisis has torn at the social fabric of her city. As a 2019 Rubinger Fellow and co-director of LA-Más, she's helping pilot an accessory dwelling unit project that could go a long way to addressing the housing shortage and economic disparities in LA's low-income communities and beyond.
For more than 30 years, LISC’s National Equity Fund (NEF) affiliate has been developing innovative solutions to affordable housing challenges. In a Q&A conversation with LISC, new CEO Matt Reilein takes a look at NEF’s unique value proposition, as the company looks to build on its record $1.2 billion in investments from 2018.