This month, as our country celebrates LGBTQ pride, we at LISC reaffirm our commitment to supporting inclusive and equitable communities.
With a $1.33 million grant to deploy the innovative Pay for Success model, LISC is helping scale promising programs that benefit communities in all kinds of ways. For starters, we’re working in Michigan to broaden the reach of the Diabetes Prevention Program, which has a national track record in reducing incidence of the disease and its debilitating impact on low-income communities of color.
Does investment in affordable housing support social and economic gains? The data certainly indicates that it does, says Chris Walker, LISC’s director of research. As part of our occasional series on community development research, Walker takes a closer look at studies that analyze the impact of the Low Income Housing Tax Credit. It's a compelling body of evidence that not only reflects decades of development work but informs current efforts to spur economic opportunity for low-income people across the country.
As the National Equity Fund (NEF) turns 30, LISC CEO Maurice Jones and NEF president Joe Hagan take the measure of all that has been accomplished thanks to the Low Income Housing Tax Credit. That includes three million affordable homes since the credit was created in 1986, and 90 percent of all affordable housing being built today. Ensuring that more low-income people can keep a roof over their heads demands safeguarding—and refining—the tools that make affordable homes possible.
Yohannes Kassaye is a client of JVS (Jewish Vocational Services) in Boston, whose Bridges to College and Careers Pathways program helps topple barriers to employment for low- and moderate-income residents. This free 23-week college prep program segues into a professional curriculum at community colleges that prepares people to work in growth industries short on talent. LISC has committed $675,00 over three years for the JVS Bridges initiative. Kassaye, a native of Ethiopia, describes how the program helped him realize a dream of working in science and health—and how doors keep on opening.