Exciting news! The Entrepreneurs of Color Fund (EOCF) has officially surpassed its $500 million small business lending goal— more than two years ahead of schedule! This incredible achievement is helping close capital gaps in communities of color through loans and technical assistance, directly supporting the growth of 9,500 businesses across 10 metro areas. LISC is proud to continue empowering local CDFIs to increase access to capital for diverse entrepreneurs who face challenges with traditional financing. But we’re just getting started! EOCF is expanding to double its impact, aiming to support $1 billion in financing for underserved businesses and communities. Learn more: https://lnkd.in/gyu_tw6v
LISC Memphis
Non-profit Organizations
Memphis, Tennessee 318 followers
LISC Memphis works with public and private entities to revitalize neighborhoods and catalyze opportunity.
About us
LISC Memphis works with public and private entities to revitalize neighborhoods and catalyze opportunities.
- Website
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www.lisc.org/memphis
External link for LISC Memphis
- Industry
- Non-profit Organizations
- Company size
- 2-10 employees
- Headquarters
- Memphis, Tennessee
- Type
- Nonprofit
- Founded
- 2022
Locations
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Primary
Get directions
Memphis, Tennessee, US
Employees at LISC Memphis
Updates
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#🎉HappyBoss'sDay LISC Memphis takes a moment to pause in appreciation of Executive Director, P. Nigel Roberts, MSA, EDFP. Thank you for your leadership, and collaborative energy! John C. Maxwell said it best, “a leader knows the way, goes the way, and shows the way.” #ThankYou! #LISCMemphis
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Congratulations Tennessee Nonprofit Network on a successful first state-wide conference! Outstanding keynote speakers, workshop facilitators, and networking opportunities. Excellent job Kevin Dean, Ed.D. and the entire TN Nonprofit Network team on a sold-out, jammed-packed, very informative conference. #statewideconference
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LISC Memphis hosted its fourth quarter LAC Board Member Meeting today, facilitated by local Executive Director, P. Nigel Roberts, MSA, EDFP! This meeting encouraged collaborative engagement and celebrated four years of LISC Memphis catalyzing opportunities in the local market. Excited about blossoming local initiatives and innovative partnerships! #LACBoard #communitypartnerships #happyanniversary
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LISC Memphis reposted this
We’re closing out another week with some fantastic news! LISC has been awarded $6.25M from the U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) through two parts of its #CDFI Program award: the Healthy Foods Financing Initiative ($5M) as well as the base Financial Assistance program ($1.25M). LISC will use the funds to subsidize eligible loans to borrowers across the country for a range of projects, including lowering interest rates, providing credit risk mitigation opportunities and seeding lasting gains for underserved people and communities. Learn more: https://lnkd.in/ejZcPZS3
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#excitingnews LISC receives $65M in New Market Tax Credits from the U.S. Treasury's Community Development Financial Institutions Fund (CDFI). You can view the link to learn more.
What a way to end the week! We are honored to announce that LISC has been awarded $65M in New Market Tax Credits from the U.S. Treasury’s Community Development Financial Institutions Fund (CDFI Fund), to fuel investments in child care, economic development, community spaces and many more projects that nurture wellbeing in the communities we work with. For 20 years, Broadstreet Impact Services, a LISC affiliate, has syndicated New Markets Tax Credits to make community change, and the latest award brings that investment to nearly $1.3 billion. LISC is one of 104 organizations receiving New Markets Tax Credits this year and received the highest award level offered. It will help us invest in new work to create accessible jobs and expand access to healthcare services in low-income communities across LISC’s local program and rural footprint, as well as to continue supporting existing projects. The award is a testament to LISC and Broadstreet’s track record deploying and managing these critical funds, and creating meaningful impact in communities that have been overlooked and under-invested for far too long. And if that weren't enough, Broadstreet is also a leader in efforts to decarbonize New Markets Tax Credit investment work (check out their new report, Decarbonizing the NMTC Industry). Excited to forge ahead with our partners and colleagues on this work. https://lnkd.in/eDDEgjZi
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LISC Memphis attended the annual City of Memphis Division of Housing and Community Development “A Taste of Memphis” event today! Celebrating ten years of service, this year’s theme was “ONEMemphis”. The power of oneness resounded through live performances; community resource vendors; food truck vendors; excited Memphis community residents, and much more. This well attended event reminded us that we are ONE! #communitydevelopment #ONEMemphis
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