Local Initiatives Support Corporation

LISC launches pilot program with Wells Fargo grant to help small businesses build disaster resilience

Retrieved on: 
Tuesday, June 21, 2022
People, Climate change, Weather, Wildfire, Small business, Insurance, Disaster, CP/M, Program, Health, Local, Federal Emergency Management Agency, Pacific typhoon season, Employment, LISC, Local Initiatives Support Corporation, COVID, Organization, BIPOC, Face, Risk management, Color

NEW YORK, June 21, 2022 /PRNewswire/ -- The Local initiatives Support Corporation (LISC) is collaborating with the Wells Fargo Foundation on a pilot program to help small businesses plan for and recover from disasters.

Key Points: 
  • NEW YORK, June 21, 2022 /PRNewswire/ -- The Local initiatives Support Corporation (LISC) is collaborating with the Wells Fargo Foundation on a pilot program to help small businesses plan for and recover from disasters.
  • The Wells Fargo Foundation is seeding the LISC Small Business Resiliency Network with a $2 million grant to fund community-based disaster training, planning, and support for as many as 500 small businesses in communities that are particularly prone to disasters.
  • "With this grant, we aim to catalyze more support for the LISC Small Business Resiliency Network and strengthen the capacity for local nonprofits to guide small business owners through disaster readiness strategies," said Molly Porter, interim president of the Wells Fargo Foundation.
  • We hope this effort will help keep more small businesses on a growth path even in the face of challenges."

US Solar Celebrates its first Colorado Community Solar Gardens, Giving Back in a Big Way

Retrieved on: 
Tuesday, June 21, 2022
Other Energy, Utilities, Philanthropy, Alternative Energy, Energy, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Environment, Foundation, Green Technology, Building Systems, Other Philanthropy, Investor, Certificate, Local Initiatives Support Corporation, Child development, Garden, Environment, Soil, CASA, Cambia Health Solutions, Housing, Pueblo County School District 70, Student, City, Solar energy, Work, Income, Black Hills Corporation, Program, Health, Electricity, Calatagan Solar Farm, Medicine, Pueblo Community College, COO, LISC, Organization, Renewable energy, Grocery store

Today, US Solar announced the groundbreaking of USS Giveback, its first Community Solar Gardens with Black Hills Energy in Pueblo, Colorado.

Key Points: 
  • Today, US Solar announced the groundbreaking of USS Giveback, its first Community Solar Gardens with Black Hills Energy in Pueblo, Colorado.
  • Community Solar is a program that makes solar energy more accessible, allowing for multiple people, families, and businesses to participate in one large project, called a Community Solar Garden.
  • A Sunscription to a Community Solar Garden from US Solar allows companies and individuals to benefit from solar energy without the expensive upfront costs and hassle of solar panels on their property.
  • US Solar is developing 14 Community Solar Gardens in Colorado and currently subscribing its Community Solar Gardens for Colorado Xcel Energy and Black Hills Energy customers.

Mars Breaks Ground on Global Research and Development Hub in Chicago

Retrieved on: 
Thursday, June 16, 2022
Cream, City, LinkedIn, Ice cream, LISC, Community, VCA, Technology, CEO, Associate, YouTube, Health, Food, Twitter, M&M, EXTRA, BluePearl Veterinary Partners, LIFE, Anicura, PETS, Snack, Local Initiatives Support Corporation, Candy, Research and development, Banfield Pet Hospital, BEN, Instagram, Global, SHEBA, Ecosystem, Development, Efficiency, Casino, Public relations, Mutuality, Mars, Research, Facebook, Galewood station

CHICAGO, June 16, 2022 /PRNewswire/ -- Today, Mars Wrigley broke ground on a new, best-in-class, global research and development hub adjacent to the company's existing Global Innovation Center on Goose Island. Leaders from Mars as well as key Chicago stakeholders, including Michael Fassnacht, CEO, World Business Chicago, and Alderman Walter Burnett Jr., gathered together to commemorate the milestone for the company.

Key Points: 
  • CHICAGO, June 16, 2022 /PRNewswire/ -- Today, Mars Wrigley broke ground on a new, best-in-class, global research and development hub adjacent to the company's existing Global Innovation Center on Goose Island.
  • At the event, Chris Rowe, Global Vice President of Research and Development,Mars Wrigley, spoke to a crowd of more than 100 attendees about how the new hub reinforces Mars' continued commitment to Chicago.
  • "Mars has a long history here in Chicago, and we're proud to continue our legacy of innovation in the Chicagoland area by breaking ground on our best-in-class global research and development hub for Mars Wrigley," Rowe said.
  • At its Goose Island campus, Mars employs about 950 Associates fromMars Wrigley, Mars Food, and Mars Global Services.

Sumair Sheikh named executive director at LISC Duluth

Retrieved on: 
Tuesday, June 14, 2022
Economic development, Education, Eye, Local Initiatives Support Corporation, School, Biology, University, Housing, Twin Ports Music and Arts Collective, City, Twin Ports, Program, Health, Workforce, Employment, LISC, Certification, Duluth Public Schools, Eastern Michigan University, Organization, University of Michigan, Michigan State University, Management, Renewable energy

DULUTH, Minn., June 14, 2022 /PRNewswire/ --The Local Initiatives Support Corporation (LISC) has named Sumair Sheikh, a seasoned nonprofit, city and community leader, as the new executive director of LISC Duluth.

Key Points: 
  • DULUTH, Minn., June 14, 2022 /PRNewswire/ --The Local Initiatives Support Corporation (LISC) has named Sumair Sheikh, a seasoned nonprofit, city and community leader, as the new executive director of LISC Duluth.
  • He replaces Pam Kramer, long-time executive director, who retired earlier this year.
  • "It isn't often that we meet people with the kind of varied range of public, private and philanthropic experience that Sumair has, particularly with equity so clearly centered as a guiding principle," Denise Scott, LISC president said.
  • He spent the first part of his career as a teacher and community organizer in Duluth, Ann Arbor, Chicago, and Boston.

Raza Development Fund (RDF) names Annie Donovan as its new President and CEO

Retrieved on: 
Tuesday, May 31, 2022
Capital Impact Partners, Treasury, Income, Education, Standard, UnidosUS, NCLR, Multimedia, View, United Community Bank, CDFI, AA, Local Initiatives Support Corporation, Industry, Partnership, U.S. Department of Defense Strategy for Operating in Cyberspace, Instagram, Board, National Council, RDF, Organization, Human, Community development, Community Development Financial Institutions Fund, LISC, Twitter, Community development financial institution, Chief executive officer, Affiliate network, U.S. Department of the Treasury, Office of Inspector General, CEO, Management, Facebook

PHOENIX, May 31, 2022 /PRNewswire/ -- Raza Development Fund's Chairman of the Board, Danny Ortega, Jr., and Janet Murguia, President and CEO of UnidosUS, announced today that Annie Donovan will become the new President and Chief Executive Officer of RDF.

Key Points: 
  • PHOENIX, May 31, 2022 /PRNewswire/ -- Raza Development Fund's Chairman of the Board, Danny Ortega, Jr., and Janet Murguia, President and CEO of UnidosUS, announced today that Annie Donovan will become the new President and Chief Executive Officer of RDF.
  • RDF is the largest national Latino serving Community Development Financial Institution (CDFI) in the country and a support corporation to UnidosUS.
  • "It is my greatest honor to be entrusted with the legacy of Tommy Espinoza," said Annie Donovan, incoming President and CEO, Raza Development Fund.
  • Raza Development Fund, Inc. ("RDF") led by Tommy Espinoza was founded over 20 years ago as a Community Development Financial Institution (CDFI) and a support organization to UnidosUS.

Citizens and LISC NYC Launch Citizens Chinatown Renewal Fund

Retrieved on: 
Wednesday, May 18, 2022
Data Management, Banking, Accounting, Technology, Professional Services, Small Business, Security, Software, Internet, Mobile, Wireless, Finance, Retail banking, Small business, Local Initiatives Support Corporation, Asian Americans, Housing, Fear, Language, Uncertainty, Chinatown Nights (1929 film), Solution, ATM, PPP, Workforce, Partnership, Time, Program, Technology, Commercial bank, Organization, Economic development, EDC, LinkedIn, LISC, Twitter, Face, Citizens Financial Group, COVID, Acquisition, Consumer, District, CEO, Renewable energy, Bank, Financial services, COVID-19, Facebook, Equality, Renaissance, Citizenship

Citizens and LISC NYC today announced a partnership with Asian Americans for Equality (AAFE) and Renaissance Economic Development Corporation (EDC) to launch Citizens Chinatown Renewal Fund, a $350,000 grant program focused on small businesses in Chinatown.

Key Points: 
  • Citizens and LISC NYC today announced a partnership with Asian Americans for Equality (AAFE) and Renaissance Economic Development Corporation (EDC) to launch Citizens Chinatown Renewal Fund, a $350,000 grant program focused on small businesses in Chinatown.
  • The Citizens Chinatown Renewal Fund will directly meet the need for targeted technical assistance and grant funding for minority-owned small businesses, as well as support long-term systemic change with business development organizations.
  • Through grant funding, intensive capacity-building support from LISC NYC and peer learning opportunities, AAFE will be able to deepen its impact in Chinatown, providing crucial support to small businesses.
  • LISC NYC is the flagship New York City office of the Local Initiatives Support Corporation (LISC).

LISC closes $100 million in commitments for Entrepreneurs of Color Loan Fund to fuel minority-owned businesses

Retrieved on: 
Tuesday, May 10, 2022
Philippine Council of Evangelical Churches, Employment, W. K. Kellogg Foundation, Local Initiatives Support Corporation, LISC, Pursuit, Solution, CEO, ACE, JPM, Sonia, NYSE, Color, Partnership, Program, Chicago Community Loan Fund, Loan, Government, CDFI, JPMorgan Chase, Laboratory, SBA, Time, Entrepreneurship, Amalgamated Bank, Chase, City, Growth, Black, LLC, Company, Organization, J. P. Morgan, Capital, Health, Small business, Bank, Security (finance), Renewable energy, Financial services, Holding company, Costco, Washington Metro, San Francisco Bay

This round of commitments is led by $50 million in senior and subordinate loan capital from JPMorgan Chase.

Key Points: 
  • This round of commitments is led by $50 million in senior and subordinate loan capital from JPMorgan Chase.
  • Last year, JPMorgan Chase selected LISC to lead the national expansion of the Entrepreneurs of Color Fund program (EOCF), including the addition of this new mission-oriented loan fund.
  • "The Loan Fund represents an innovative model for the capital delivery system," said George Ashton, president of LISC Fund Management, LLC, which oversees the fund.
  • "The Entrepreneurs of Color Loan Fund provides liquidity to CDFIs that are on the front lines in communities of color and understand the barriers that entrepreneurs of color have historically faced.

UrbanFootprint Launches New Data Mapping and Analytics Solution to Drive Better Decision-Making in the Distribution of Government Aid

Retrieved on: 
Wednesday, May 4, 2022
Software, Technology, Environment, Department, Fast, Government Technology Agency, SNAP, Policy, Local Initiatives Support Corporation, Food security, Map, ERAP, Food, Prevalence, Lloyds Bank National Business Awards, Welfare, Supplemental Nutrition Assistance Program, Program, Department of Children and Family Services (Los Angeles County), LISC, Industry, Government, DCFS, USDA, Housing, Climate, CEO, Intelligence, Risk, Multimedia, Internet service provider

UrbanFootprint , provider of the worlds first urban intelligence platform, today announced the launch of its new Government Assistance Program Intelligence (Assistance Program Intelligence) solution.

Key Points: 
  • UrbanFootprint , provider of the worlds first urban intelligence platform, today announced the launch of its new Government Assistance Program Intelligence (Assistance Program Intelligence) solution.
  • An industry first, the solution empowers stakeholders overseeing the allocation of public assistance funds with actionable data to track and improve community outreach, identify enrollment gaps, and drive assistance program performance.
  • UrbanFootprints Assistance Program Intelligence helps to solve this problem by augmenting existing agency systems with ready-to-use insights on assistance program need, eligibility, and enrollment.
  • The federal government spent $114 billion on the Supplemental Nutrition Assistance Program and nearly $47 billion in eviction aid in 2021.

DuPont Publishes 2022 Sustainability Report

Retrieved on: 
Monday, May 2, 2022
Sustainability accounting, Communication, Forward-looking statement, Goal, Process safety, Culture, U.S. Securities and Exchange Commission, Water, LLC, Total Recordable Incident Rate, Chief sustainability officer, Policy, Electronics, Sustainability Accounting Standards Board, NYSE, Company, Accounting, Annual report, Safety, GRI, Time, Securities Act of 1933, Local Initiatives Support Corporation, GHG, Program, Silent Scope 3, Kilowatt-hour, NextEra Energy Resources, Investor relations, Electricity, Energy certificate, Face, Sustainability reporting, Uncertainty, Drinking water, Global, Achievement, Science, Climate, DuPont, Securities Exchange Act of 1934, Solution, Life, United Nations Global Compact, Transport, ESG, VPPA, SM, Multimedia, Renewable energy, Management, Risk management, Audit

WILMINGTON, Del., May 2, 2022 /PRNewswire/ -- DuPont(NYSE: DD)today published its 2022 Sustainability Report detailing the progress made in its environmental, social and governance (ESG) journey, as well as actions to achieve its 2030 Sustainability Goals.

Key Points: 
  • WILMINGTON, Del., May 2, 2022 /PRNewswire/ -- DuPont(NYSE: DD)today published its 2022 Sustainability Report detailing the progress made in its environmental, social and governance (ESG) journey, as well as actions to achieve its 2030 Sustainability Goals.
  • "As a global society, we're more connected today than ever before," said Alexa Dembek, DuPont Chief Technology and Sustainability Officer.
  • Over the past year, we've made significant strides through those connections with customers, employees, shareholders and communities and are eager to share those stories with you in our 2022 Sustainability Report."
  • DuPont, the DuPont Oval Logo, and all trademarks and service marks denoted with , SM or are owned by affiliates of DuPont de Nemours, Inc. unless otherwise noted.

State Farm announces $2 million grant to LISC to fund financial stability, small businesses, housing, safety and health

Retrieved on: 
Wednesday, April 27, 2022
Minneapolis–Saint Paul, State Farm, Local Initiatives Support Corporation, Culture, COVID-19, Dream, Life, Organization, LISC, Bloomington–Normal, Public affairs, Paul, Safety, Le Cordon Bleu College of Culinary Arts Minneapolis/St. Paul, Industry, Health, Housing, Motorcycle, Renewable energy, Insurance, Central Illinois

With a new $2 million grant, State Farm is supporting LISC programs that fuel financial stability for families, strong businesses, affordable housing, and better health and safety, all contributing to vibrant local economies.

Key Points: 
  • With a new $2 million grant, State Farm is supporting LISC programs that fuel financial stability for families, strong businesses, affordable housing, and better health and safety, all contributing to vibrant local economies.
  • To date, State Farm has invested more than $151 million in LISC programs and projects.
  • With that, we are thrilled to continue our support of LISC and their holistic approach to developing and revitalizing communities."
  • "State Farm has been helping LISC fuel strong communities of opportunity for more than 20 years," noted LISC CEO Lisa Glover.