LISC Philadelphia

Philadelphia LISC

Philadelphia LISC is a local program of the Local Initiatives Support Corporation, (LISC), a national non-profit development organization dedicated to transforming distressed neighborhoods into healthy, sustainable communities of choice and opportunity. Philadelphia LISC works with Community Development Organizations (CDCs), to provide the tools and programs needed to initiate positive change and transform neighborhoods into healthy, vibrant communities.

Since its founding in 1981, Philadelphia LISC has:

• Invested $274.5 million in Philadelphia’s neighborhoods
• Through its investments, leveraged $882.2 million in additional capital
• Contributed to the development of over 6,665 units of housing
• Contributed to the development of 1.5 million square feet of commercial space and other facilities

In addition, Philadelphia LISC continues to:

• Offer services and products that will enhance community growth
• Support community programs and initiatives that improve quality-of-life,
• Strengthen commercial corridors and beautify neighborhoods
• Promote advocacy on behalf of distressed communities
• Serve as a resource center for information on community development
• Develop innovative techniques and comprehensive strategies for rebuilding and revitalizing Philadelphia neighborhoods

LISC CORPORATE MISSION STATEMENT

Local Initiatives Support Corporation is dedicated to helping community residents transform distressed neighborhoods into healthy and sustainable communities of choice and opportunity — good places to work, do business, and raise children. LISC mobilizes corporate, government, and philanthropic support to provide local community development organizations with:

• Loans, grants, and equity investments
• Local, statewide, and national policy support
• Technical and management assistance

LISC is a national organization with a community focus. Our program staff are based in every city and many of the rural areas where LISC-supported community development takes shape. In collaboration with local community development groups, LISC staff help identify priorities and challenges, delivering the most appropriate support to meet local needs.

LISC is Building Sustainable Communities by achieving five goals:

• Expanding investment in housing and other real estate
• Increasing family income and wealth
• Stimulating economic development
• Improving access to quality education
• Supporting healthy environments and lifestyles

Click here for more information on National LISC.

OUR SUPPORTERS

Funders - Private Sector Support

Bank of America • Citi Foundation • Citizens Bank • James E. Hartling • The Home Depot Foundation • HSBC Bank USA, N.A. • ING DIRECT • Living Cities • PNC Bank •
PNC Foundation • The Panaphil Foundation • Philadelphia Foundation • Sovereign Bank •
State Farm • TD Bank North Charitable Foundation • University of Pennsylvania •
The Uphill Foundation • UrbanVenturesGroup • The Wachovia Foundation (acquired by Wells Fargo) • The William Penn Foundation

Funders - Public Sector Support

City of Philadelphia • Pennsylvania Department of Community and Economic Development •
U.S. Department of Housing and Urban Development

Advisory Board

Carol Clark Lawrence (Chair), PNC Bank • William A. Smith (Vice-Chair), Citizens Bank •
Patrick J. Kelly (Chair Credit Committee), Bank of America • Belinda Mayo (Chair Program Committee), Office of Housing and Community Development • Thomas F. Burns (Chair Governance Committee), UrbanVenturesGroup, Inc. • Kevin Bethel, Deputy Police Commissioner • Melissa Blount, TD BankNorth, N.A. • Glenn D. Bryan, University of Pennsylvania • Kevin Dow, City of Philadelphia • James Hartling, Urban Partners • Elizabeth Hersh, Housing Alliance of Pennsylvania • Carolin L. Irvin, State Farm Insurance Companies • Michael Johns, Philadelphia Housing Authority • Debra Malinics, Debra Malinics Advertising • Mark Schwartz, Regional Housing Legal Services • Dave Thomas, Redevelopment Authority, City of Philadelphia • Geraldine Wang, William Penn Foundation • Stephanie Wall, Wachovia Foundation • Craig Williams, Sovereign Bank

Philadelphia LISC Staff

Andrew Frishkoff, Executive Director • Jamie Gauthier, Program Officer • Sarah Sturtevant, Program Officer • Nicholas Mulligan, Senior Administrative Assistant • Emily Yoder, Assistant Program Officer