Our Stories

5.22.2019 -

LISC NYC’s Inclusive Creative Economy Fund, in Living Color

An in depth report from NY1 News explains how the Inclusive Creative Economy Fund has galvanized the future of a venerable downtown theater, La Mama. Thanks to a $3 million line of credit from LISC, the nearly 60-year-old institution, which has nurtured thousands of experimental artists and engages a broad diversity of audiences, is able to renovate its aging building and continue its valuable work. The fund’s model of raising debt capital from an array of impact investors to support creative economies and stimulate job growth, the report noted, can be scaled for communities across the country where real estate costs and other forces threaten local arts and culture.