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, mitigating climate impacts and improving local health.
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.
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.