News from Local Initiatives Support Corporation A wide array of domestic and global news stories; news topics include politics/government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages.

Latest

Feb 22, 2017, 12:46 ET LISC taps $1.3 million Social Innovation Fund grant to support three Pay for Success models

The Local Initiatives Support Corporation (LISC) has selected three social services agencies developing Pay for Success (PFS) programs focused on...


Sep 28, 2016, 12:04 ET LISC wins $4 million from CDFI Fund to drive businesses, jobs, food in distressed areas

The Local Initiatives Support Corporation (LISC) has been awarded $4 million in federal funding to fuel economic activity in low-income areas and...


Sep 22, 2016, 16:39 ET Treasury's Capital Magnet Fund announces $4.8 million for LISC to fuel affordable housing, economic development

 The federal government today awarded the Local Initiatives Support Corporation (LISC) $4.8 million from the Treasury Department's Capital...


Sep 20, 2016, 17:16 ET LISC announces 'AA' rating, stable outlook from S&P

 S&P Global Ratings has assigned a 'AA' credit rating to one of the nation's largest nonprofit investors in low-income communities....


Jun 16, 2016, 12:41 ET LISC names a new CEO

 Maurice Jones, who rose from a small-town tobacco farm to become a leader in government and business, was named today as president and CEO of...


May 10, 2016, 13:05 ET LISC wins federal grant to fuel Pay for Success implementation

 The Local Initiatives Support Corporation (LISC) has been awarded $1.3 million to implement a program that connects government funding for...


Feb 18, 2016, 12:06 ET ESPN teams up with LISC to support new basketball courts in five local communities

 Young people in five cities will be able to shoot hoops on newly renovated basketball courts through a new national collaboration focused on...


Jan 20, 2016, 15:08 ET Top national nonprofits join forces to help low-income residents improve health, quality of life in distressed neighborhoods

The Local Initiatives Support Corporation (LISC) and County Health Rankings & Roadmaps (CHR&R)—a collaboration between the Robert...


Sep 11, 2015, 13:53 ET CDFI Fund awards LISC $4MM in grants to tackle food deserts, 'creative placemaking' in low-income areas

 The Local Initiatives Support Corporation (LISC) will use $4 million in new federal grants to expand access to fresh food in entrenched food...


Feb 03, 2015, 12:53 ET LISC makes first-ever loans to charter schools under federal bond guarantee program designed to revitalize neighborhoods

The Local Initiatives Support Corporation (LISC) is helping expand educational opportunities for low-income children in Newark and Albany by...


Dec 09, 2014, 15:52 ET Lifelong Civic Crusader to Head LISC Phoenix

 Terry Benelli, a veteran community development leader, will be the new executive director of the Local Initiatives Support Corporation's...


Nov 13, 2014, 12:03 ET New national initiative will fuel arts and cultural investments in low-income communities

 The Local Initiatives Support Corporation (LISC) has launched a national effort to drive millions of dollars into arts-related businesses and...


Aug 20, 2014, 12:03 ET LISC to steer $50 million to low-income areas under Treasury Dept. bond guarantee program

Local Initiatives Support Corporation (LISC) will invest $50 million in long-term loans to improve the quality of life in distressed neighborhoods...


Jun 05, 2014, 16:23 ET LISC wins $60MM in New Markets Tax Credit authority to attract businesses and jobs to low-income areas

 The Local Initiatives Support Corporation (LISC) will tap $60 million from the latest round of federal New Markets Tax Credits (NMTCs) to...


Jun 03, 2014, 11:00 ET New funds help lift low-income families, attract businesses to distressed areas across the country

In a move to help lift more families out of poverty, two longtime community development partners are driving new resources into troubled...


Jan 20, 2014, 13:48 ET Collaboration Reduces Crime, Say Two Obama Cabinet Members & NYPD Commissioner Bratton

The following is being released by the Local Initiatives Support Corporation (LISC): Bringing down crime in America's toughest neighborhoods is...


Jan 13, 2014, 09:15 ET Two Obama Cabinet Members Kick Off Nyc Forum On Reducing Crime Via Police Partnerships With Community Groups

 Local Initiatives Support Corporation (LISC) and the Police Foundation are hosting the "Safe Streets, Strong Communities" symposium to examine...


Oct 24, 2013, 17:20 ET LISC builds on affordable housing work in six cities with new grant from JPMorgan Chase

The Local Initiatives Support Corporation (LISC) will use a new $1 million grant from JPMorgan Chase to support affordable housing development in...


Oct 18, 2013, 16:12 ET LISC pledges $100 million to transit-oriented development partnership with the City of Los Angeles

Strategy focuses on 15 low-income communities along light rail, rapid bus lines  The City of Los Angeles has tapped the Local Initiatives...


Oct 16, 2013, 16:12 ET South Los Angeles community recognized with $20,000 national safety award

MetLife Foundation honors alliance to reduce crime and create quality housing in Vernon Central  Community development leaders along with...


Oct 15, 2013, 12:32 ET LISC, Nationwide launch $20MM lending program to spur economic development in underserved Calif. communities

 Local Initiatives Support Corporation (LISC) is partnering with Nationwide on a new $20 million program to help jump-start businesses and...


Aug 07, 2013, 10:27 ET Local Initiatives Support Corporation's (LISC) statement on President Obama's Arizona housing address

 The Local Initiatives Support Corporation (LISC) congratulates President Obama on his housing address delivered in Phoenix yesterday. His...


Jul 30, 2013, 11:21 ET Accenture Grants Local Initiatives Support Corporation US$350,000 to Equip People with Career Skills Needed in Their Communities

Award reflects Accenture's global corporate citizenship initiative, Skills to Succeed Accenture and the Local Initiatives Support...


Jun 25, 2013, 10:39 ET LISC wins $1.4MM in new AmeriCorps funding to fuel economic recovery in low-income neighborhoods

The Local Initiatives Support Corporation (LISC) has been awarded more than $1.4 million to hire and train new AmeriCorps members who will help...


Jun 24, 2013, 15:21 ET LISC to Hold July 10 Symposium on Investing in Charter Schools

The Local Initiatives Support Corporation (LISC), the nation's largest community development organization, will hold a one-day symposium, Bonds...