News & Stories

LISC Philly's 40th Anniversary

This January, LISC Philadelphia is kicking off their 40th Anniversary of serving the Philadelphia community with a year-long series of engaging community development initiatives. The non-profit organization has fueled revitalization and growth in Philadelphia for 40 years through its community development investments. Since 1980, LISC has as invested $475M (and leveraged $1.5B) to build or preserve 8,500 affordable homes and develop 2.3M square feet of retail, community and educational space.

Anniversary events will include a series of community conversations centered around LISC’s three core focus areas of economic development, affordable housing, and equitable community development. On Thursday, September 24, the celebration will culminate with a gala honoring LISC’s ongoing commitment to Philadelphia, partners, donors and friends in the community.

“As a community development intermediary, we are successful because of our diverse community partners and engaged funders,” says LISC Executive Director Andrew Frishkoff. “For 40 years, LISC has sought to invest in and advance equitable community development in Philadelphia. We’ve long deployed a comprehensive strategy for building community capacity and helping community based organizations create  affordable housing and economic opportunities for residents.”

LISC has set a fundraising goal of $400,000 for its 40th Anniversary campaign with a target date of September 24, 2020 to reach it. They have already raised $107,500 thanks largely to the generous contributions from two of the largest financial institutions in the country: TD Bank and Wells Fargo .

About Local Initiatives Support Corp (LISC) Philly … In collaboration with local residents and  partners, LISC Philly is a chapter of the nationwide LISC network that forges resilient and inclusive communities of opportunity across America: great places to live, work, visit, do business and raise families.

Available for comment: Andrew Frishkoff, Executive Director, Philadelphia LISC

Contact: Michael Greger | Profile Public Relations | 215-985-2106