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LISC posts record $2B in community investments for 2020

LISC posts record $2B in community investments for 2020 News provided by Share this article Share this article NEW YORK, March 15, 2021 /PRNewswire/  The Local Initiatives Support Corporation (LISC) today announced that it made more than $2 billion in community investments during 2020 a new record for the 41-year-old national nonprofit that was driven in part by programs related to COVID-19 relief and racial justice. The expanded activity included nearly every aspect of LISC s work, from increased affordable housing support to new funding for small businesses to deep engagement with partners around health, education, safety and jobs. It spanned some $1.5 billion in equity investments, $290 million in community development loans and $240 million in grants more than four times the level of grantmaking in the prior year.

Iowa House honors longtime community college advocate

DES MOINES Steve Ovel of Cedar Rapids, a fixture at the Iowa Legislature for many years as a lobbyist for Kirkwood Community College, has been honored by the House for his work on education and workforce issues. Ovel, who was executive director of governmental relations at Kirkwood for 30 years and later was the legislative liaison and consultant for the Iowa Association of Community College Trustees until retiring from that position in 2018, was recognized with a resolution for “the numerous programs and legislation he helped develop which have benefited, and will continue to benefit, countless Iowans.” House Resolution 10, sponsored by 25 Democratic and Republican House members, recognized Ovel as “the premiere Iowa community college expert in economic development and workforce training.”

New Mexico seeks infrastructure expansion for Navajo Nation, others

AZTEC A house memorial focused on infrastructure investment for Native American communities received unanimous support from the House State Government, Elections and Indian Affairs Committee. The house memorial, known as Native American Infrastructure Investment, would encourage New Mexico’s congressional delegation to introduce legislation that would assist the Bureau of Indian Affairs with efforts like expanding infrastructure accessibility, reducing poverty rates, increasing economic opportunities and improving educational access for Native American communities in the state. If passed, copies of the memorial will be sent to the delegation as well as members of the U.S. Congress, the secretary of the Department of the Interior, the BIA director as well as the Navajo Nation president and council and the 23 Native American nations, tribes and pueblos in New Mexico.

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