In just one year, LISC’s partnership with the Chan Zuckerberg Initiative, Facebook, the San Francisco Foundation and others has hit its $500 million goal—well ahead of schedule and already making inroads to preserve, produce and protect affordable housing with new loans to mission-driven groups.
LISC has tapped the former chief resilience officer for the city of Norfolk as executive director of its new full-service program office in Hampton Roads, Va. Christine Morris will kick off work this month to lead LISC’s local investments in affordable housing, businesses, health and jobs—all designed to expand economic opportunity for residents.
A new $3 million grant from Ally Financial will help fuel homeownership and small businesses in four cities, advancing LISC’s work to support a broadly shared prosperity. “There is incredible talent in our communities,” said LISC CEO Maurice A. Jones, commenting on the importance of the Ally partnership. “The job to be done is to match that talent with incredible opportunity.”
LISC has named Geoff Jolley to lead its ambitious community investment plans in Kansas City. Jolley, who has spent decades working on the interests of local residents as both a policy expert and community leader, takes the helm of LISC Kansas City this month to oversee work on affordable housing, economic development, health, community safety and jobs.
This month, LISC opened its newest metro office in Upstate South Carolina. Long-time economic development leader Julie Franklin will bring her community development expertise honed in Greenville and Spartanburg to the role of executive director of the LISC Upstate SC program. The new office will focus on comprehensive, long-term investments in affordable housing, businesses and jobs. “As a whole, the Upstate is enjoying strong growth, but not everyone has been able to participate in our economic expansion,” said Franklin. “To succeed in a globally competitive marketplace, we need to build up our local talent, strengthen our neighborhoods and fuel a broadly shared prosperity that allows everyone to thrive.”