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National social enterprise is set to expand local investments, tackle racial gaps and build economic opportunity with launch of renewed LISC Puget Sound

National social enterprise is set to expand local investments, tackle racial gaps and build economic opportunity with launch of renewed LISC Puget Sound
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What Kansas City, Missouri Got Right

What Kansas City, Missouri Got Right
thepitchkc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepitchkc.com Daily Mail and Mail on Sunday newspapers.

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LISC s Black Economic Development Fund hits $250 million goal, makes first catalytic investments in Black-led banks, real estate developers

/PRNewswire/ The Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation (LISC), has reached its $250 million goal for.

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LISC raises $400 million in early capital for Project 10X to address deep racial disparities, promote growth and opportunity

LISC raises $400 million in early capital for Project 10X to address deep racial disparities, promote growth and opportunity National CDFI is rolling out first investments as part of $1 billion Project 10X plan News provided by Share this article Share this article NEW YORK, May 24, 2021 /PRNewswire/ The Local Initiatives Support Corporation (LISC) today announced that it has raised more than $400 million for its Project 10X initiative to bridge racial gaps in health, wealth and opportunity bringing it 40 percent of the way to its $1 billion goal for the 10-year investment effort. LISC, one of the nation s largest community development financial institutions (CDFIs), launched Project 10X in November 2020. The initiative builds on more than 40 years of LISC investments in affordable housing, economic development, health, safety, education and jobs, all designed to create opportunity for people and communities that have been excluded from full participation in the nation s pros

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LISC names Jorge Cruz to expand community investments, drive economic opportunity in Newark

LISC names Jorge Cruz to expand community investments, drive economic opportunity in Newark News provided by Share this article Share this article NEWARK, N.J., May 3, 2021 /PRNewswire/ One of New Jersey s top impact investing strategists is set to take the helm of a leading community development organization, with ambitious plans to expand local investments in affordable housing, economic development, health, education and jobs. Jorge Cruz, a 30-year veteran of community investing who most recently served as chief external affairs officer with New Jersey Community Capital (NJCC), is the new executive director of LISC Greater Newark, the local arm of the Local Initiatives Support Corporation (LISC). LISC is one of the nation s largest community development organizations, with some $24 billion invested nationwide, including more than $151 million in Newark.

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