Announcements

LISC and Uber Eats Launch Black Restaurant Fund

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

2 Detroit Housing for the Future Fund redevelopments turn vacant buildings into affordable housing

LISC Detroit and Hazelwood Partners LLC announced today that renovation has begun on two historic buildings in Detroit's Piety Hill.

BIPOC Small Business Growth Fund Makes First Two Investments in Denver

The Local Initiatives Support Corporation (LISC) has closed the first two investments out of its new Colorado BIPOC Micro Equity Fund

Truist makes $10M impact investment in Dallas Housing Opportunity Fund

LISC announced today a $10 million investment from Truist in the Dallas Housing Opportunity Fund LLC.

Dallas Housing Opportunity Fund raises $7.5M, makes first investment in East Dallas housing site

DHOF closed a $3.4 million investment to support construction of Kiva East, a project creating 87 new rental homes and an on-site day care

SALINA 1ST CLOSES $1 MM FROM LISC’s BLACK ECONOMIC DEVELOPMENT FUND

Salina 1st is proud to announce it has closed a $1 million investment from the Local Initiatives Support Corporation’s (LISC) Black Economic

Mayor Duggan and LISC Detroit kick off renovation of 30 units of deeply affordable housing

October 3, 2022 - DetroitMi.gov Mayor Duggan and LISC Detroit kick off renovation of 30 units of deeply affordable housing near 7...

Entrepreneurs of Color Fund Launches in New Orleans with the Addition of two new CDFI Partners

Local CDFIs NewCorp, Inc and TruFund Financial Services, Inc. Announce Collaboration with National Initiative Aimed At Getting Capital To...

LISC’s Black Economic Development Fund hits $250 million goal, makes first catalytic investments

NEW YORK (May 25, 2021)— PR Newswire The Black Economic Development Fund (BEDF), managed by the Local Initiatives Support Corporation...