This month Mehrsa Baradaran, Associate Dean of Strategic Initiatives at the University of Georgia School of Law and author of The Color of Money: Black Banks and the Racial Wealth Gap joins Imani Darden, Knowledge Management Program Officer and Maurice Jones in a conversation on the history of the racial wealth gap and its impact on economic prosperity for communities of color.
Last year, LISC launched its newest subsidiary, the SBA-guaranteed lender immito, to scale our ability to reach and support underserved small businesses and help spur job growth across the country. Julie Huston, immito’s founding president, is a seasoned small business expert—in fact, she recently testified before Congress re: new budget proposals that would hamper small business entrepreneurs’ access to credit. We caught up with Huston at her base in Denver to learn more about immito, the economic and social power of small business, and why all this is so close to Huston’s heart.
New to LISC’s partnership with Kiva? Our collaboration with the crowd-funding microloan platform helps us help entrepreneurs get the capital and technical support they need to launch and grow businesses. One of our favorite parts of the relationship is getting to know determined small business owners and hearing their stories. Meet four owners who, armed with their LISC + Kiva loans, are injecting creativity, resources and dynamism into their communities.
We are back this month with Richard Rothstein, author of The Color of Law, a Distinguished Fellow of the Economic Policy Institute and a Senior Fellow, emeritus, at the Thurgood Marshall Institute of the NAACP. In this episode, we delve into the historical context for the work LISC does, through the prism of the book’s major theme: residential racial segregation, which was enforced via federal and local law and policy though much of the 20th century.
On the evening of April 23rd, 700 partners, colleagues and allies gathered to officially mark LISC's 40th anniversary at a gala celebration in New York City. Special guests and speakers included New Jersey Governor Phil Murphy, St. Paul Mayor Melvin Carter, former Vice President Walter Mondale, former HUD Secretary Henry Cisneros, and former Secretary of Health and Human Services Sylvia Mathews Burwell. And of course, our 20-year board chair, former US Treasury Secretary Robert E. Rubin, the evening's distinguished honoree.