Entrepreneurs of Color Fund Hits $500M Goal, a New Leader for LISC Green + Heirs' Property Relief
Local Initiatives Support Corporation (LISC)
Catalyzing Opportunity for All
LISC Entrepreneurs of Color Fund Reaches $500M Goal
This month we shared that the Entrepreneurs of Color Fund (EOCF) has surpassed its $500 million goal for small business lending across the country—more than two years ahead of schedule!
Now we're expanding the program to double its impact, aiming to support $1 billion in financing for underserved businesses and communities. “We are working to level the playing field—to connect promising but overlooked businesses to affordable financing so that whole communities can benefit from economic development and growth,” said Steve Hall, LISC vice president of Small Business Lending.?
John Moon Named President of LISC Green LLC to Lead Deployment of GGRF Funds
John Moon has joined our team to lead LISC Green LLC, a new affiliate that will spearhead LISC's Green House Gas Reduction Fund (GGRF) activities and help deepen LISC’s impact in sustainable community development.?MORE [+]
Cleveland Housing Investment Fund Launches with Initial $38M Commitment
LISC Fund Management has teamed up with the City of Cleveland and KeyBank to launch a new affordable housing investment fund. The fund ultimately seeks to invest $100 million to fuel quality affordable housing across the city, with a focus on serving underrepresented communities and stimulating growth.?MORE [+]
领英推荐
Helping More People Get the Mental Health Care They Need
Elizabeth Alegría founded Gramercy Specialty Clinic, a Texas-based behavioral healthcare organization focused on serving diverse populations and addressing mental health barriers in Latino communities. With a $150k investment from the Abbott-LISC Initiative to Support Diverse Businesses in Health, Alegría is expanding services.?MORE [+]
LISC Brings “Heirs' Property” Relief to Under-Resourced Communities in Cincinnati & Cleveland
Heirs' property issues have long been a leading cause of involuntary land loss, particularly among Black families. With a new $750,000 multiyear grant from the U.S. Bank Foundation Opportunity Fund, LISC will work with community-based organizations in Cincinnati and Cleveland to provide families with estate planning, legal support and financial counseling that can help clear up clouded property titles and preserve homes for future generations. Read the full story here.
LISC + Uber: Breaking Down Transportation Barriers to Health and Wellbeing
LISC’s Health Access Fund is helping people who face barriers to transportation get to and from the places that contribute to their health and wellbeing by providing free access to non-emergency medical transportation in partnership with Uber. To date, 23 organizations supported by the Health Access Fund have booked close to 320,000 Uber rides for people in 23 states.
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Initiator & CEO at Homes and Hope Community Land Trust
3 周Excellent news!!
Nonprofit,service oriented and interfaith consultant, advising organizational leaders and supporters on high educational career growth impact without them becoming overwhelmed.
3 周UFCS salutes you all. A great organization that really cares. LISC please keep moving forward. Thanks
Publisher @ South Side Drive Magazine, Co-Founder/CEO, Real Men Charities and Real Men Cook, 2023 Leader for a New Chicago. (Field & MacArthur Foundation), CEO The Quarry Event venue, arts destination hub.
3 周Fantastic update! We often boast that we’ve received support from Local Initiatives Support Corporation (LISC) as a result of our work in Englewood and now from our base in #SouthShoreChicago where we lead in our efforts with the Quality of Life Plan from our brick and mortar, #TheQuarryChi. Foid stability, health and wellness as well as homeownership initiatives with BMO U.S. are a few areas where we intimately engage our community. We, at #RealMenCharities, are happy to share and applaud your efforts.