Local Initiatives Support Corporation

TD Bank Deepens Impact in Philadelphia with $2.5 million in Charitable Giving and Support for Diverse Homebuyers and Affordable Housing Programs

Retrieved on: 
Monday, March 27, 2023
Convenience, Connecting Communities, Housing, First Horizon Bank, TD, NCRC, Local Initiatives Support Corporation, Volksgemeinschaft, Toronto-Dominion Bank, LISC, MBA, Thought, TD Bank (United States), Mortgage Bankers Association, Financial security, Growth, Region, Bank, Cornerstone, Sustainable Preservation Initiative

CHERRY HILL, N.J., March 27, 2023 /PRNewswire/ -- TD Bank, America's Most Convenient Bank®, today announced two new program relationships supporting key housing and home ownership initiatives in Philadelphia, including a $2.5 million financial commitment to Local Initiatives Support Corporation's (LISC) Non-profit Preservation Initiative and a new relationship with CONVERGENCE Philadelphia. This investment further illustrates TD's focus on deepening its support of communities of color across Philadelphia.

Key Points: 
  • This investment further illustrates TD's focus on deepening its support of communities of color across Philadelphia.
  • TD Bank worked with local National Community Reinvestment Coalition (NCRC) members and Philadelphia community leaders to identify impactful initiatives that support areas of greatest need in the city, including mortgage origination, sustained support of non-profits and preserving the availability of affordable rental housing.
  • "We're excited to work together to drive meaningful change in housing accessibility and sustainability right here in Philadelphia."
  • "We are grateful for TD Bank's bold commitment to the preservation of affordable rental housing in Philadelphia," said Andrew Frishkoff, Executive Director of LISC Philadelphia.

LISC announces record results for 2022, with more than $2.8B invested to fuel economic opportunity, racial equity, local income growth

Retrieved on: 
Thursday, March 23, 2023
Organization, Local Initiatives Support Corporation, Racism, Private sector, Health, Woman, Commercial Community Historic District, LISC, Education, Investment, History, Safety, Geography, Renewable energy

All told, LISC's capital helped leverage more than $7.2 billion in development activity during 2022.

Key Points: 
  • All told, LISC's capital helped leverage more than $7.2 billion in development activity during 2022.
  • Investments span both urban and rural communities and are particularly focused on breaking down barriers related to race, class, gender and geography, supporting an inclusive approach to economic growth.
  • "We were excited to invest more in 2022 than in any single year in our history," said Lisa Glover, LISC CEO.
  • And they speak to the importance of LISC's on-the-ground presence throughout the country, as our staff works directly with local partners to build healthy communities."

The DICK'S Sporting Goods Foundation grants LISC $1.5 million to renovate sports space for youth in under-resourced communities

Retrieved on: 
Wednesday, March 22, 2023
Partnership, Local Initiatives Support Corporation, Dick's Sporting Goods, LISC, The Game, Organization, Athlete, School, Economic development, Sport, Health, Tourism

The DICK'S Foundation will help LISC launch the Game On-Community Places to Play Initiative with a $1.5 million grant.

Key Points: 
  • The DICK'S Foundation will help LISC launch the Game On-Community Places to Play Initiative with a $1.5 million grant.
  • The program will fund the renovation of existing indoor and outdoor athletic spaces that serve more than 3,000 youth athletes.
  • "We believe that sports have the power to change lives and unite communities," said Aimee Watters, executive director of The DICK'S Sporting Goods Foundation.
  • With this partnership, The DICK'S Sporting Goods Foundation will continue to grow the relationship between the organizations.

After Navigating Local Economic Hurdles, Small Businesses Find Their Place

Retrieved on: 
Thursday, March 9, 2023
Linda, University, Access, Small business, SAN, Local Initiatives Support Corporation, USD, LPL, Farmer, Organization, Food, Commerce, Running, Financial adviser, Management, LISC

That’s when four organizations joined forces to support two struggling communities in their drive to reignite their local farmers’ markets.

Key Points: 
  • That’s when four organizations joined forces to support two struggling communities in their drive to reignite their local farmers’ markets.
  • Through strategic partnerships, local businesses gained access to capital and created unique food experiences that reflect the communities in which they now thrive.
  • The LPL Financial Foundation awarded a grant to LISC (Local Initiatives Support Cooperation) in 2021 and again in 2022.
  • Funding was aimed at advancing the economic well-being of underserved populations and providing resources to small business owners in those communities.

LISC awarded $1 million grant through the 2022 TD Ready Challenge

Retrieved on: 
Tuesday, March 7, 2023
LISC, City, Toronto-Dominion Bank, Local Initiatives Support Corporation, Growth, Health, Employment, TD, Connecting Communities, Climate change, Bridge, Green job, Organization, Renewable energy

NEW YORK, March 7, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has been awarded one of 10 grants under the 2022 TD Ready Challenge, presented by TD Bank Group (TD).

Key Points: 
  • NEW YORK, March 7, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has been awarded one of 10 grants under the 2022 TD Ready Challenge, presented by TD Bank Group (TD).
  • LISC will use the $1 million award to expand its innovative Bridges to Green Jobs program, which was piloted in Boston in 2022 and will be implemented in Detroit and Newark this year.
  • The TD Ready Challenge is part of the bank's longstanding commitment to helping support organizations that are working to create a more inclusive and sustainable future.
  • In previous years, the TD Ready Challenge problem statement has focused on helping drive more equitable health outcomes, income stability, and addressing pandemic-related learning loss.

LISC announces 50 small business grants through The Coramino Fund, a partnership with Kevin Hart's Gran Coramino® Tequila

Retrieved on: 
Wednesday, March 1, 2023
Transport, LISC, Local Initiatives Support Corporation, Partnership, Tequila, Small business, Airline, Latinx

LISC is the program's U.S. partner, and The Beckmann Foundation is leading the program in Mexico, which will launch later this year.

Key Points: 
  • LISC is the program's U.S. partner, and The Beckmann Foundation is leading the program in Mexico, which will launch later this year.
  • The Coramino Fund opened applications for U.S. businesses in November 2022, with submissions coming in from across the country.
  • "We are proud to announce this year's Coramino Fund grantees in partnership with Gran Coramino Tequila," said Lisa Glover, CEO of LISC.
  • "Juan and I always knew we wanted Gran Coramino to have a give-back component that focused on providing Black and Latinx entrepreneurs with resources to pursue their small business dreams," said Kevin Hart, co-founder of Gran Coramino Tequila.

KEVIN HART'S GRAN CORAMINO TEQUILA ANNOUNCES 50 NEW SMALL BUSINESS GRANTS FROM THE CORAMINO FUND IN PARTNERSHIP WITH THE LOCAL INITIATIVES SUPPORT CORPORATION (LISC)

Retrieved on: 
Wednesday, March 1, 2023
Transport, LISC, Partnership, Ford Foundation, Small business, Local Initiatives Support Corporation, Airline, Latinx

JERSEY CITY, N.J., March 1, 2023 /PRNewswire/ -- Today, Gran Coramino®Tequila®, founded by entrepreneur Kevin Hart and 11th generation tequila maker, Juan Domingo Beckmann, is proud to announce the 2023 grantees of The Coramino Fund's US program, in partnership with national nonprofit, Local Initiatives Support Corporation (LISC). 

Key Points: 
  • 50% of the 2023 Coramino Fund businesses selected are Black-owned, 36% are Latinx-owned, and 14% are Black and Latinx owned.
  • In early 2022, Gran Coramino partnered with LISC in the US and The Beckmann Foundation in Mexico to provide grants to local entrepreneurs.
  • "We are proud to announce this year's Coramino Fund grantees in partnership with Gran Coramino Tequila," said Lisa Glover, CEO of LISC.
  • Please visit www.lisc.org/grancoramino for more information on The Coramino Fund and to learn more about the 2022-2023 grantees.

The 2022 TD Ready Challenge awards $10 million to 10 Canadian and American organizations focused on addressing the challenges of climate change

Retrieved on: 
Tuesday, February 28, 2023
TD, Climate, Forest, Green job, Change, Metro New York, Organization, Research, Wildfire, Biophysical environment, Community Forests International, City, Student, USD, Carbon, Finance, CAD, Community, Rowan College of South Jersey, Bank, LMI, Connecting Communities, Greater Toronto Area, CDN, University, Soil, Farm, MFT, Rowan University, Green, Yuquot, Indian Youth Climate Network, Health, Climate change, Sustainability, Workforce, LISC, Toronto-Dominion Bank, National Historic Preservation Act, Nation, Wind, Local Initiatives Support Corporation, GREEN, Metropolitan Toronto, Education, Renewable energy, Medical device, Forestry, Agriculture, The Maritimes, Indigenous

In previous years, the TD Ready Challenge has focused on issues including driving more equitable health outcomes, income stability, and addressing pandemic-related learning loss.

Key Points: 
  • In previous years, the TD Ready Challenge has focused on issues including driving more equitable health outcomes, income stability, and addressing pandemic-related learning loss.
  • For 2022, there were a maximum of 10 grants available under the TD Ready Challenge for Canada and the US together.
  • Eligible Canadian-based organizations were able to apply for CDN$1 million and eligible US-based organizations were able to apply for USD$1 million.
  • To learn more about the 2022 TD Ready Challenge grant recipients and the TD Ready Challenge Grant program, visit www.td.com/readychallenge .

TD Ready Challenge awards $4 million to U.S. organizations addressing the challenges of climate change and the transition to a low-carbon economy

Retrieved on: 
Tuesday, February 28, 2023
Carbon, Climate change, Finance, Sustainability, Green job, TD, Workforce, LISC, Metro New York, Toronto-Dominion Bank, Organization, Rowan College of South Jersey, LMI, Connecting Communities, Climate resilience, Soil, Farm, Financial security, Local Initiatives Support Corporation, MFT, Rowan University, Wind, Disability, Education, Renewable energy, Agriculture

CHERRY HILL, N.J., Feb. 28, 2023 /PRNewswire/ -- TD Bank Group today named winners of its 2022 TD Ready Challenge, an annual North American initiative that seeks to support non-profit and charitable organizations developing innovative, impactful, and measurable solutions for a changing world. This year's recipients include four U.S. non-profit organizations that work to develop or implement community-based solutions that are addressing the challenges of climate change and the transition to a low-carbon economy.

Key Points: 
  • This year's recipients include four U.S. non-profit organizations that work to develop or implement community-based solutions that are addressing the challenges of climate change and the transition to a low-carbon economy.
  • "Through this year's TD Ready Challenge, we're standing behind organizations with promising new ideas that support communities across our footprint and   address the challenges of transitioning to a low-carbon economy."
  • The TD Ready Challenge is part of TD's longstanding commitment to creating a more inclusive and sustainable future.
  • To learn more about the 2022 grant recipients and the TD Ready Challenge, visit www.td.com/readychallenge .

The 2022 TD Ready Challenge awards $10 million to 10 Canadian and American organizations focused on addressing the challenges of climate change

Retrieved on: 
Tuesday, February 28, 2023
TD, Climate, Forest, Green job, Change, Metro New York, Organization, Research, Wildfire, Biophysical environment, Community Forests International, City, Student, USD, Carbon, Finance, CAD, Community, Rowan College of South Jersey, Bank, LMI, Connecting Communities, Greater Toronto Area, CDN, University, Soil, Farm, MFT, Rowan University, Green, Yuquot, Indian Youth Climate Network, Health, Climate change, Sustainability, Workforce, LISC, Toronto-Dominion Bank, National Historic Preservation Act, Nation, Wind, Local Initiatives Support Corporation, GREEN, Metropolitan Toronto, Education, Renewable energy, Medical device, Forestry, Agriculture, The Maritimes, Indigenous

In previous years, the TD Ready Challenge has focused on issues including driving more equitable health outcomes, income stability, and addressing pandemic-related learning loss.

Key Points: 
  • In previous years, the TD Ready Challenge has focused on issues including driving more equitable health outcomes, income stability, and addressing pandemic-related learning loss.
  • For 2022, there were a maximum of 10 grants available under the TD Ready Challenge for Canada and the US together.
  • Eligible Canadian-based organizations were able to apply for CDN$1 million and eligible US-based organizations were able to apply for USD$1 million.
  • To learn more about the 2022 TD Ready Challenge grant recipients and the TD Ready Challenge Grant program, visit www.td.com/readychallenge .