Stories
LISC and Coalition Partners Awarded $2 Billion via National Clean Investment Fund
LISC is one of five organizations leading Power Forward Communities, a new coalition investing in green housing and jobs to support economic opportunity and climate resilience. Today, the EPA awarded the coalition $2 billion to implement a decarbonization strategy that also lifts up under-resourced communities—making housing more affordable, mitiga [...]
LISC Awarded a $28M HUD Section 4 Grant to Strengthen Local Nonprofit Housing Organizations Serving Under-Resourced People and Places Across the U.S.
LISC is among three of the country's largest community development and housing groups receiving a total of $83M in U.S. Department of Housing and Urban Development Section 4 capacity building funding. LISC will use its $28M allocation to support 480 community development corporations nationwide, focusing on affordable housing access in historically disinvested communities. The grant includes a three-to-one match commitment of $85 million.
LISC and The Allstate Foundation Launch Disaster Resiliency Program to Address Needs of Underserved Houston Communities
Extreme weather events can cause devastating property damage and economic loss. With a $500,000 grant from The Allstate Foundation, LISC will help six Houston nonprofit organizations better manage the impact of natural disasters on vulnerable communities—and help protect the regional economy in the process.
PNC Bank Invests $20 Million in LISC to Fuel Growth in Under-resourced Communities
New capital from PNC Bank includes innovative, equity-like funding to support LISC’s long-term community investment strategies. "With this capital, PNC has made a remarkable commitment to the well-being of families and communities, with a ripple effect that will support economic growth long into the future,” said Michael Pugh, LISC president and CEO.
Nadia Villagrán Named to Lead Rural LISC, Fuel New Investments in Housing, Economic Development, Jobs
With deep personal and professional experience in rural community development, Villagrán, a veteran LISC staffer, will build on nearly 30 years of Rural LISC investments in affordable housing, workforce development, economic growth and culture.
LISC & Enterprise to Launch New Book on Community Development & Climate Resilience
Next month, LISC and Enterprise Community Partners will release “What’s Possible: Investing NOW for Prosperous, Sustainable Neighborhoods,” an urgent collection of essays on the intersection of community development and climate resilience.
LISC Named One of ImpactAssets 50 Emeritus Awardees for 2024
LISC has once more been named Emeritus Impact Manager for the ImpactAssets 50 (IA 50), a who’s-who of fund managers dedicated to creating positive social and environmental impact. The IA Emeritus category represents impact fund managers who have been on the IA 50 for at least five years. LISC is one of ten community development financial institutions (CDFIs) that were selected for this year’s IA 50, reflecting the critical role CDFIs continue to play to build more inclusive and equitable communities.