Local Initiatives Support Corporation

Lauren E. McGowan named executive director at LISC Puget Sound

Retrieved on: 
Tuesday, February 21, 2023
AmeriCorps, Earned income tax credit, Emerson College, Solid Ground, Government, United Way, Homebase, Safety, Evans School of Public Policy and Governance, The Double (Seattle Mariners), University of Washington Department of Global Health, Social justice, Poverty, AmeriCorps VISTA, Microsoft, Housing, Eye, Nonprofit organization, University, Health, Local Initiatives Support Corporation, Seattle Mariners, Student, Building, LISC, Share Our Strength, Partnership, McGowan, Education, Home-based program, Public affairs, Management, Puget Sound

SEATTLE, Feb. 21, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Lauren E. McGowan, one of the region's most experienced nonprofit leaders, as the new executive director of LISC Puget Sound.

Key Points: 
  • SEATTLE, Feb. 21, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Lauren E. McGowan, one of the region's most experienced nonprofit leaders, as the new executive director of LISC Puget Sound.
  • "Lauren has deep connections to the Puget Sound community and a remarkable range of experience in developing, implementing, and scaling strategies that help people build a stronger future for their families," Denise Scott, LISC president, said.
  • McGowan has spent the bulk of her career at the United Way of King County, most recently as associate vice president for poverty and homelessness.
  • She studied communications management at Emerson College and completed the Nonprofit Executive Leadership Institute at the Evans School of Public Affairs at the University of Washington.

Nicole Williams named executive director at LISC Los Angeles

Retrieved on: 
Thursday, February 16, 2023
MBA, Pepperdine Graziadio Business School, Economic development, Public policy, Government, Banq, Pepperdine University, Demographics of Los Angeles, Local government, Economics, New Village Leadership Academy, University, Health, San Francisco Bay Area, Local Initiatives Support Corporation, LISC, Ta-Ching Government Bank, Knowledge, Education, Treasury, J. P. Morgan, Banc of California, Management, L.A, Woman

LOS ANGELES, Feb. 16, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Nicole Williams, a seasoned financial, nonprofit and government leader, as the new executive director of LISC Los Angeles.

Key Points: 
  • LOS ANGELES, Feb. 16, 2023 /PRNewswire/ -- The Local Initiatives Support Corporation (LISC) has named Nicole Williams, a seasoned financial, nonprofit and government leader, as the new executive director of LISC Los Angeles.
  • I'm thrilled that she will be leading LISC Los Angeles into its next chapter."
  • Williams' background spans finance, government and community-focused nonprofits, all of which she will draw on to lead LISC LA.
  • She is an alumna of the Los Angeles African-American Women in Public Policy Leadership Institute.

Micah Hunter, The NHP Foundation, to Moderate Conversation with New York City Council Speaker Adrienne Adams

Retrieved on: 
Thursday, February 9, 2023
City, African Queens and Women Cultural Leaders Network, RLN, Q&A, Development, NYHC, Housing, New York City Council, Local Initiatives Support Corporation, Micah, LISC, Municipal council, Conference, Mobile phone

NEW YORK, Feb. 9, 2023 /PRNewswire-PRWeb/ -- The NHP Foundation (NHPF) announced that Micah Hunter, Project Manager Acquisitions & Development will moderate a conversation with New York City Council Speaker Adrienne Adams, the first African-American speaker of the City Council, Monday February 13 from 8:30 – 10:00 am at LISC NYC - 28 Liberty St, 34th Floor, New York, NY. The event is sponsored by the Rising Leaders Network (RLN) of the New York Housing Conference (NYHC) and hosted by Local Initiatives Support Corporation (LISC). Micah is a Board Member of RLN.

Key Points: 
  • The NHP Foundation (NHPF) announced that Micah Hunter, Project Manager Acquisitions & Development will moderate a conversation with New York City Council Speaker Adrienne Adams.
  • NEW YORK, Feb. 9, 2023 /PRNewswire-PRWeb/ -- The NHP Foundation (NHPF) announced that Micah Hunter, Project Manager Acquisitions & Development will moderate a conversation with New York City Council Speaker Adrienne Adams, the first African-American speaker of the City Council, Monday February 13 from 8:30 – 10:00 am at LISC NYC - 28 Liberty St, 34th Floor, New York, NY.
  • The conversation is designed to showcase Speaker Adams' housing platform, including her recently released Planning & Land Use Toolkit and Housing Agenda.
  • During her tenure as Speaker, the City Council has approved several important and contentious rezonings for housing and affordable housing.

LISC and Uber Eats announce Black Restaurant Fund to expand access to growth capital, fuel underserved businesses and communities

Retrieved on: 
Tuesday, February 7, 2023
Private sector, Restaurant, Small business, Vaccine, Uber, National Restaurant Association, Uber Eats, Investment, NYSE, Health, Local Initiatives Support Corporation, LISC, Food delivery, Bank, Management

"Uber and LISC created the Black Restaurant Fund to help close the resource gap by connecting Black food entrepreneurs to flexible capital to fuel growth and expansion while seeding wealth creation in Black communities."

Key Points: 
  • "Uber and LISC created the Black Restaurant Fund to help close the resource gap by connecting Black food entrepreneurs to flexible capital to fuel growth and expansion while seeding wealth creation in Black communities."
  • LISC and Uber expect the initiative will help fuel 35 businesses over the next three years.
  • Uber also worked with LISC to advance health aims in underserved communities, ensuring residents had better access to accurate medical information and vaccines.
  • For more information on the Black Restaurant Fund or to request a conversation about your restaurant, visit https://www.liscstrategicinvestments.org/uber-black-restaurant-fund .

Synchrony Commits $100 Million to Grow Minority-Owned Businesses

Retrieved on: 
Thursday, February 2, 2023
Fortune 500, Woman, Echo sounding, NYSE, Education, Operation Hope, Workforce, Culture, Black, Local Initiatives Support Corporation, Female, LISC, Small business, Partnership, Growth, Perception, Ariel Investments, Equalizer, Management, Pharmaceutical industry, Nursing, Synchrony

STAMFORD, Conn., Feb. 2, 2023 /PRNewswire/ -- Synchrony (NYSE: SYF), a premier consumer financial services company, today announced a $100 million commitment in Ariel Alternatives' Project Black, which aims to scale sustainable minority-owned businesses and position them as leading suppliers to Fortune 500 companies. Project Black is a strategic initiative of Ariel Alternatives, the private equity subsidiary of Ariel Investments, LLC.

Key Points: 
  • "Our investment in Ariel and Project Black will help give Black, Hispanic and women entrepreneurs the support they need to grow long-term.
  • Synchrony is committed to providing the resources and expertise to advance equity for diverse businesses and communities."
  • With 95 percent of minority businesses having less than $5 million in revenue, few have the scale to tap into this $1 trillion opportunity.
  • Synchrony and Synchrony Ventures have pledged $20 million to date in venture capital funds led by Black, Hispanic and female investing partners.

Milken Institute Center for Financial Markets Introduces 10,000 Communities Initiative

Retrieved on: 
Wednesday, January 18, 2023
Professional Services, White House, Federal Government, Public Policy, Government, Environmental, Social and Governance (ESG), Finance, Banking, International Economic Development Council, CIC, Market share, Milken Institute, Local Initiatives Support Corporation, HRA, Organization, Elemental, Water, Bangladesh Technical Education Board, American Society of Civil Engineers, Built environment, Green for All, Investment, EQUAL Community Initiative, Renewable energy

Alongside a cross-sectoral group of public and private partner organizations, the Milken Institute Center for Financial Markets has launched the 10,000 Communities Initiative , a year-long campaign to help thousands of underserved urban and rural communities across the U.S. access the funding, capacity, and talent needed to support critical community infrastructure projects.

Key Points: 
  • Alongside a cross-sectoral group of public and private partner organizations, the Milken Institute Center for Financial Markets has launched the 10,000 Communities Initiative , a year-long campaign to help thousands of underserved urban and rural communities across the U.S. access the funding, capacity, and talent needed to support critical community infrastructure projects.
  • The new initiative—announced following Milken Institute’s third annual Public Finance Forum on January 11-12, 2023—aims to expand an innovative solution to better capital deployment in historically underserved communities.
  • New public, private, and philanthropic partnerships will be crucial to help these communities deploy next-generation infrastructure that uplifts everyone.
  • For more updates on the 10,000 Communities Initiative and the CIC, follow the Milken Institute on Facebook , LinkedIn , Twitter , and Instagram .

Third Annual Milken Institute Public Finance Forum Convenes 250+ Leaders for Conversations on Infrastructure and Capital Deployment

Retrieved on: 
Wednesday, January 11, 2023
Professional Services, Public Policy, Government, Environmental, Social and Governance (ESG), Other Policy Issues, Finance, Banking, Implementation, European embedded value, Government, Goldman Sachs, Next Wave Festival, Interim, State treasurer, White House, National Association of State Treasurers, Forum, Organization, ESG, DC, Guggenheim Partners, Finance, North American Development Bank, State, Best practice, Senior advisor, Inter-American Development Bank, MP, Equity, National Association, Policy, WSP, JPMorgan Chase, Risk management, Innovation, Treasury, Forecasting, International Economic Development Council, The Kresge Foundation, CFM, Resilience, Market share, Milken Institute, World Bank Group, Local Initiatives Support Corporation, Western Asset Management Company, Climate, Bangladesh Technical Education Board, Breakout Labs, Macquarie Group, Renewable energy, Security (finance), Bank

This year’s forum will be held at the Park Hyatt Hotel in Washington, DC, on January 10-12, 2023.

Key Points: 
  • This year’s forum will be held at the Park Hyatt Hotel in Washington, DC, on January 10-12, 2023.
  • Attendees across the government, philanthropy, and investment communities will have an opportunity to network, attend plenary sessions, and conduct conversations with peers on critical deployment challenges.
  • The Milken Institute will live-stream the Public Finance Forum public sessions, expanding access to the event.
  • For more updates on the event, follow the Milken Institute on Facebook , LinkedIn , Twitter , and Instagram .

Generation USA Unveils New Jacksonville Offices and Classrooms During Its First In-Person Graduation Since the Start of the COVID-19 Pandemic

Retrieved on: 
Thursday, December 22, 2022
Economic development, FreshMinistries, Local Initiatives Support Corporation, Student center, Knowledge, League, Robert V. Lee, COVID-19, Organization, Beaver Street (Manhattan), Workforce, Generation, Health, Student, Entrepreneurship, Medicine, Network affiliate

"The secret sauce is how today came together, in that a lot of people believed in you."

Key Points: 
  • "The secret sauce is how today came together, in that a lot of people believed in you."
  • Other attendees of the graduation ceremony included Career Source Northeast Florida and local business and community partners.
  • After the ceremony, Generation provided a tour of its new Administrative wing, Student Center, conference room, and classrooms for in-person learning and meetings.
  • "We are very pleased to welcome Generation USA to Beaver Street," said Beaver Street Enterprise Center Executive Director Terrance Brisbane.

Sunflower Bank Joins Partners at Groundbreaking for Kiva East Development in Dallas

Retrieved on: 
Thursday, December 22, 2022
Professional Services, Residential Building & Real Estate, Socially Responsible Investing, Finance, Construction & Property, Urban Planning, Banking, Economic development, FDIC, Local Initiatives Support Corporation, CDFI, LISC, LFM, City, Equal housing lender, Government, Statistics, Housing, Bank, Guardian

Representatives from Sunflower Bank and Guardian Mortgage participated in the recent groundbreaking event for the Kiva East development in East Dallas.

Key Points: 
  • Representatives from Sunflower Bank and Guardian Mortgage participated in the recent groundbreaking event for the Kiva East development in East Dallas.
  • The Kiva East Development is supported through the DHOF, which has a purpose to expand affordable housing and economic development.
  • Sunflower Bank became an anchor investor with $7.5 million in debt and equity financing, in addition to $6 million seeded from the City of Dallas.
  • Operating as Sunflower Bank, First National 1870 and Guardian Mortgage, Sunflower Bank, N.A.

LISC teams up with Colorado Health Foundation to launch BIPOC small business growth fund, makes first two investments in Denver

Retrieved on: 
Thursday, December 1, 2022
Growth, Herbal, The Colorado Health Foundation, Organization, Capacity building, Foodservice, Hospital, Employment, Partnership, Policy, Learning, Education, Friends, School, Seed, Small business, MD, Book, Fund, BIPOC, Health, LISC, Family, Therapy, Local Initiatives Support Corporation, Investment, Bank, Fast food, Alchemy

"The Colorado Health Foundation's investment enables LISC to bring this innovative pilot program and financial product to small businesses in the state of Colorado."

Key Points: 
  • "The Colorado Health Foundation's investment enables LISC to bring this innovative pilot program and financial product to small businesses in the state of Colorado."
  • It prioritizes businesses located in economically disadvantaged communities that can deploy capital for business improvement and growth.
  • "Certain communities particularly communities of color have historically had challenges accessing growth capital to scale their businesses, even if it is an extremely successful business.
  • In this partnership between LISC and the Foundation, if a business is unable to hit its growth metrics, philanthropy steps in and assumes the obligation on behalf of the business."