For decades, Annie Donovan has led innovative efforts to spur economic opportunity and revitalize communities. Now, the former head of the CDFI Fund is bringing her considerable talent and experience to LISC, taking on the new role of chief operating officer to help drive strategies that support a broadly shared prosperity in urban and rural communities.
LISC and Atrium Health are joining forces to take on the social determinants of health as part of affordable housing investments in Charlotte. The effort was recently named one of the awardees in the second phase of Fannie Mae’s $10 million Sustainable Communities Innovation Challenge.
The NFL Foundation/LISC Grassroots Field Grant Program announced grants totaling $3 million to newly build or significantly renovate fields in parks, schools or at community organizations in 14 cities from Brooklyn to Houston and Racine, WI to Indian Trail, NC. The funds will be used for improvements such as irrigation systems, lights, bleachers, scoreboards and more. About a partnership that has lasted 20 years, Alexia Gallagher, executive director of the NFL Foundation stated: “With more than one million youth using these fields, which provide safe places for families to come together and participate in sports, the benefits of the NFL Foundation/LISC Grassroots Field Grant Program are indisputable.”
LISC has named a prominent local leader with decades of experience in state and local government to take the helm oft its Twin Cities program office. Peter McLaughlin, as the new executive director, will build on more than $700 million in LISC Twin Cities investments over the last 30 years as he leads new efforts to expand economic opportunity throughout Minneapolis and St. Paul.
LISC is working with Wells Fargo on an effort to spur economic recovery across Puerto Rico. A new grant is supporting LISC’s Kiva Puerto Rico Match Fund to help entrepreneurs launch and grow small businesses, while also helping LISC expand its capacity to support disaster recovery nationwide. It builds on LISC's long experience in communities hit hard by major hurricanes, tornados, floods and fires.