Economic Development

Neighborhoods flourish when residents have access to living wage jobs and the goods and services they need. Working to reposition disinvested commercial corridors, LISC pools funding and technical support from a diverse set of investors and funders and then deploys these resources to stimulate economic revitalization and community vitality.

Using market analysis, LISC helps communities identify unmet opportunities in transit corridors that have been or will be disrupted by light rail construction. LISC then works with place-based partners to tap into opportunities to revive outdated storefronts and infrastructure and bring education and resources to small businesses. This creates opportunities for business attraction and retention in areas that serve economically isolated communities.

LISC also harnesses the power of creative businesses and distinct local cultural assets that can spark district vitality through its creative placemaking programming. Through technical assistance, financing, and research, LISC leverages the unique ability of arts and culture to empower people to build prosperous, resilient and socially connected communities.

LISC supports job growth in underserved communities by helping equip local businesses with the resources they need to grow. We provide direct financing while also building out larger networks of coordinated assistance for small enterprises overlooked by conventional financing channels. 

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Impact 2008-2018

Valley neighborhoods saw high population and retail buying power increases thanks to LISC Phoenix’s investments from 2008 to 2018.

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Contact

David Longoria, Program Officer
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