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A Game-Changer for Community Development: LISC Offers $100M in Bonds

For the first time in its history—and the first time ever for a Community Development Financial Institution (CDFI)—LISC is tapping the bond market to raise $100 million in capital that it will use to help energize local economies. "This new capital will not only help us fuel businesses, jobs and large-scale redevelopment efforts, but also help address the persistent social and economic challenges preventing people from maximizing economic opportunities," says LISC CEO Maurice Jones. The bond offering received a 'AA' rating from Standard & Poor's. Read the press release and the article in Affordable Housing Finance.

Fairmount Heights Neighborhood Association Hosts Its 5th Annual Community Thanksgiving Dinner

On November 18, 2016, the Fairmount Heights Neighborhood Association (FHNA) shared a Thanksgiving meal with 150 residents from the Fairmount community. FHNA took part in Greater Newark LISC’s 2016 Resident Leadership Academy, where group members set a goal to get organized and build the organization’s capacity to run community programs that will improve the neighborhood. The fruits of FHNA’s labors in the rigorous Resident Leadership Academy workshops are apparent: while this was their fifth annual Thanksgiving dinner, it was first time that the group planned and ran the event itself. FHNA met or exceeded all of its goals for the evening. Read the full story!

The 2016 New Jersey Neighborhood Achievement Awards

On November 3, Greater Newark LISC hosted its annual New Jersey Neighborhood Achievement Awards. Over 130 attendees came together to celebrate the transformations that are in process in so many of Greater Newark’s underserved communities and in the lives of their residents, thanks to the hard work, perseverance, and vision of Newark’s community development leaders. Read more >>

Greater Newark LISC Executive Director Rhonda Lewis and Newark Mayor Ras J. Baraka


Growing Leadership, Building Community Resident Leadership Conference

On November 5, more than 115 Newark residents took part in the Growing Leadership, Building Community Resident Leadership conference. The conference is meant to be a precursor event to the Newark Resident Leadership Academy, an intense leadership training program that targets residents in select neighborhoods in the City of Newark. Read more >>

New Treatment for Financial Health in Newark

LISC Newark recently opened two new Financial Opportunity Centers (FOCs) to help low-income residents get the skills and savvy they need to stabilize their household finances. In a city where nearly 40 percent of households earn less than $25,000 per year, the FOCs will offer specialized training for jobs in local industries, financial coaching, credit-building tools, and assistance accessing public benefits.

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LISC National 2016 Annual Report

We’re proud to be forging opportunity and invite you to read our 2016 National Annual Report to learn more. View the full report here; and read about Greater Newark LISC's 2016 achievements here!

National LISC News