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How LISC is Uplifting Communities with a $500M Lending Initiative
With $32 billion in assets under management, LISC supports a wide range of initiatives in low- to moderate-income communities.
LISC is a national community development financial institution with a mission to invest in low- to moderate-income communities and serve as a catalyst for change.
With $32 billion in assets under management, LISC supports a wide range of initiatives, including affordable housing, small business lending, economic development, and health and safety programs.
In this interview, Steve Hall, Vice President of Small Business Lending at LISC, discusses the organizationās impactful work in underserved communities.
Interview highlights
1. Billion Dollar Boost
Plan to double down on a commitment to minority-owned businesses by expanding the Entrepreneurs of Color Fund from $500 million to $1 billion.
2. Developer Training Institute
Empowering emerging developers from underserved communities to build affordable housing and secure critical development resources.
3. Addressing House Hoarding
Innovative strategies to prevent investor property accumulation and create opportunities for first-time homebuyers and local ownership.
4. Repurposing Vacant Assets
Transforming underutilized properties like abandoned lots and schools into affordable housing solutions.
5. Green Initiatives
Introducing green energy solutions that reduce household expenses and create wealth-building opportunities.
š§ Ready to dive in?
Listen to the complete interview for Steve Hall's insider perspective on community transformation.
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