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.
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.
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.
LISC and the Walton Family Foundation have launched a new grant program to help charter school operators open facilities in Opportunity Zones and other under-capitalized communities. Applications are available beginning October 1.
LISC has launched a new program to help connect charter school operators to experts in facilities development. Called SchoolPrint: Charter School Project Management, the program will advance development plans that deliver top-notch school facilities while also keeping dollars in the classroom. “Our goal is to protect the interests of students and teachers, and to fuel the development of schools that are assets to their communities,” noted LISC's Eva Schweitzer.