LISC Twin Cities Celebrates $1 Billion in Investments in the Twin Cities

As it celebrates its 35th Anniversary, LISC Twin Cities announced another major milestone: $1 billion dollars of investments. Over three and a half decades, LISC Twin Cities has channeled all of this capital into transformative organizations and projects, strengthened community development infrastructure and changed systems that create and perpetuate inequality of opportunity.

In collaboration with the Walmart Foundation, LISC announced funding to help eight community-based nonprofits increase access to healthy, affordable food in under-resourced communities. Located primarily across the Southeast region, grantees will undertake efforts ranging from farmer-led urban agriculture to mobile food markets to the establishment of a community food policy council.

Through a wide range of local programs and financing vehicles, LISC invested more than $2.8 billion last year to fuel economic opportunity, racial equity, and growth in urban and rural communities.

State Farm is building on more than two decades of support for critical LISC programs with new funding to catalyze opportunities for families and communities in 12 metro areas.

Last month, the U.S. Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) awarded 265 organizations more than $180 million in 2021 Financial Assistance (FA) awards. LISC received $3.4 million through several FA-related funding streams to expand efforts that fuel healthy food, charter school financing, and affordable housing in underserved communities.

This past Juneteenth, Chipotle joined LISC in our efforts to help close racial wealth, health and opportunity gaps. Thanks to nearly $200K in donations from Chipotle customers, LISC supported nine CBOs working to advance homeownership, food access and justice reform.