LISC program offices in Houston, New York and Richmond, Va. each received $7.5 million from the Wells Fargo Foundation to lead local collaboratives designed to address systemic roadblocks to homebuying for Black, Hispanic and other underserved individuals and families. Homeownership is a critical part of LISC’s efforts to upend racial health, wealth and opportunity gaps. The three LISC-led collaboratives aim to create 15,000 new homeowners of color by the end of 2025.

Climate disasters—combined with the lingering economic stress of the pandemic—present immediate challenges to the survival of small businesses and the outlook for long-term recovery and growth. With the generous support of the Wells Fargo Foundation, LISC is developing our Small Business Resiliency Network to ensure businesses can innovate, expand, and thrive.