\r\n \t
  • Denise Scott, president of\u00a0Local Initiatives Support Corporation\u00a0(LISC), discusses how the organization funnels money to local communities and government leaders to empower community initiatives.<\/li>\r\n \t
  • How can investing in lived experience help communities build their initiatives and expand equity?<\/li>\r\n \t
  • Learn how equitable investments<\/a> can drive community development.<\/li>\r\n<\/ul>","intro":null,"content":"Denise Scott has served as president of\u00a0Local Initiatives Support Corporation\u00a0(LISC) since December 2021. She joined LISC in 2001 as the executive director of the organization\u2019s\u00a0New York\u00a0office and served as LISC\u2019s executive vice president for programs from 2014 through 2021.\u00a0Philanthropy News Digest asked Scott about settling into her new position as president of LISC, one of the nation\u2019s largest community development financial institutions, how the organization uses its investments to work with local community and government leaders at a time of historic crisis in the housing market and major economic uncertainty, the organization\u2019s\u00a0Diversity, Equity and Inclusion, and Justice\u00a0agenda and how it shapes the work, and how and when LISC evaluates its job as \u201cfinished\u201d in a community.Philanthropy News Digest:\u00a0Since joining LISC in 2001, you\u2019ve seen the organization evolve over multiple presidents\u2019 tenures. How has the organization\u2019s approach to housing policy advocacy changed over that time?Denise Scott:\u00a0Our approach has changed in response to market shifts. We started many years back with a focus mainly on multi-family tax credit projects, and then we evolved to a broader housing strategy that included preserving single-family housing, both occupied and vacant, with a real push to focus on home ownership\u2014not across the entire LISC footprint, but in certain strategic markets. I\u2019ll call out New York because that\u2019s where I started in LISC. Over time, we came to focus on both multi-family and some single-family homes, and then we started turning our attention to issues around community resiliency.Read the full article about wealth gap and community development at Philanthropy News Digest.Read the full article","html_content":"

    Denise Scott has served as president of\u00a0Local Initiatives Support Corporation\u00a0(LISC) since December 2021. She joined LISC in 2001 as the executive director of the organization\u2019s\u00a0New York\u00a0office and served as LISC\u2019s executive vice president for programs from 2014 through 2021.\u00a0<\/em><\/p>

    Philanthropy News Digest asked Scott about settling into her new position as president of LISC, one of the nation\u2019s largest community development financial institutions, how the organization uses its investments to work with local community and government leaders at a time of historic crisis in the housing market and major economic uncertainty, the organization\u2019s\u00a0Diversity, Equity and Inclusion, and Justice\u00a0agenda and how it shapes the work, and how and when LISC evaluates its job as \u201cfinished\u201d in a community.<\/em><\/p>

    Philanthropy News Digest:\u00a0Since joining LISC in 2001, you\u2019ve seen the organization evolve over multiple presidents\u2019 tenures. How has the organization\u2019s approach to housing policy advocacy changed over that time?<\/strong><\/p>

    Denise Scott:\u00a0Our approach has changed in response to market shifts. We started many years back with a focus mainly on multi-family tax credit projects, and then we evolved to a broader housing strategy that included preserving single-family housing, both occupied and vacant, with a real push to focus on home ownership\u2014not across the entire LISC footprint, but in certain strategic markets. I\u2019ll call out New York because that\u2019s where I started in LISC. Over time, we came to focus on both multi-family and some single-family homes, and then we started turning our attention to issues around community resiliency.<\/p>

    Read the full article about wealth gap and community development at Philanthropy News Digest.