As we kick off 2019, LISC is continuing to grow its investments in economic opportunity and its on-the-ground presence in communities across the country. We unveiled a new program office in Charlotte this week that will spearhead $25 million in investments over the next few years—all designed to boost affordable housing, improve economic mobility and raise standards of living in North Carolina’s largest city. Long-time community leader Ralphine Caldwell has been named executive director to lead the effort.
When North Minneapolis natives DeAnna and Roger Cummings founded Juxtaposition Arts (JXTA), they envisioned “a space where kids could have the opportunity to understand what they're good at.” More than two decades later (and with help from LISC), JXTA is a creative and entrepreneurial outlet for hundreds of young people, a force of community revitalization, and a flourishing anchor institution capable of leading a $14 million capital campaign to expand their impact into more neighborhoods, for more youth.
LISC has been awarded $6.9 million by the U.S. Department of Education as part of the Credit Enhancement for Charter School Facilities Program. We will use this support to “expand access to capital and in many cases lower the cost of capital for schools. This in turn keeps scarce resources in the classroom, paying for great teachers, curriculum and other program supports,” said Sara Sorbello, LISC’s Vice President of Charter School Financing.
For nearly 40 years, LISC has invested in local organizations working with immigrants, with the understanding that when new arrivals to the United States prosper, so does the country as a whole. David Greenberg, director of our Research & Evaluation team, weighs in on the troubling effects that changes in immigration policy are having on immigrant communities, and reminds us that helping immigrants access opportunity is good for neighborhoods, and good for everyone.
In a blog for the University of Pennsylvania’s Wharton Healthcare Quarterly, LISC CEO Maurice A. Jones makes the case for pioneering partnerships between healthcare organizations and community development, uniting to upend the roots of poor health. LISC’s collaborations with ProMedica and Bon Secours Health System, among other companies, are powerful examples of how our combined assets, knowledge and experience can begin to close America’s longevity gap.