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The story
Founded by Ford Foundation.1
Private company
Local Initiatives Support Corporation
Logo: Local Initiatives Support Corporation, Public domain, via Wikimedia Commons4
US non-profit organization
The Local Initiatives Support Corporation (LISC) is a US non-profit community development financial institution (CDFI) that supports community development initiatives across the country. It has offices in nearly 40 cities and works across 2,100 rural counties in 44 states.2 It was founded by Ford Foundation.1 Its revenue was $364 million in 2024.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- HeadquartersNew York City, United States1
- Websitewww.lisc.org
- Legal formfoundation1
- Kind of organizationNonprofit organization1
- LEI549300V1ATNB9BHB61463
- StatusActive3
- LEI statusLapsed (not renewed)3
- Registered addressC/O CORPORATION SERVICE COMPANY, 12207 Albany, United States3
- Registered withCorporation and Business Entity Database (Division of Corporations, State Records and UCC, Department of State), 5898643
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The Local Initiatives Support Corporation (LISC) is a US non-profit community development financial institution (CDFI) that supports community development initiatives across the country. It has offices in nearly 40 cities and works across 2,100 rural counties in 44 states.2
Leadership
Who has led Local Initiatives Support Corporation, and when. Pick a name to see everywhere that person has worked.
Board members and other officers (4)
- Board memberAudrey Choi1
- Board memberRey Ramsey1
- Board memberRip Rapson1
- Board memberRobert Rubin1
Revenue over time
As stated on Wikidata, in the currency reported.
Revenue
Timeline
- Oct 26, 1979Founded Local Initiatives Support Corporation is founded3
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- Federal grants $582.8M
- Federal loans $20.0M
Figures by year
| Year | Federal grants | Federal loans | Total |
|---|---|---|---|
| 2026 | $17.9M | – | $17.9M |
| 2025 | $28.5M | – | $28.5M |
| 2024 | $41.9M | – | $41.9M |
| 2023 | $60.7M | – | $60.7M |
| 2022 | $17.6M | – | $17.6M |
| 2021 | $45.8M | – | $45.8M |
| 2020 | $17.1M | – | $17.1M |
| 2019 | $24.5M | – | $24.5M |
| 2018 | $40.4M | – | $40.4M |
| 2017 | $11.8M | – | $11.8M |
| 2016 | $41.6M | $20.0M | $61.6M |
| 2015 | $18.8M | – | $18.8M |
| 2014 | $27.5M | – | $27.5M |
| 2013 | $21.7M | – | $21.7M |
| 2012 | $31.6M | – | $31.6M |
| 2011 | $77.2M | – | $77.2M |
| 2010 | $13.0M | – | $13.0M |
| 2009 | $28.3M | – | $28.3M |
| 2008 | $17.0M | – | $17.0M |
Federal awards
Obligated amounts from USAspending.gov5, by calendar year, 2008–2026, for its registration. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.
Largest grants
- Mar 1, 2011$38.5M from Assistant Secretary for Community Planning and Development: Section 4 Capacity Building For Community Development And Affordable Housing6 To LOCAL INITIATIVES SUPPORT CORPORATION Award B-10-CB-NY-0001
- Sep 13, 2011$22.2M from Assistant Secretary for Community Planning and Development: Section 4 Capacity Building For Community Development And Affordable Housing7 To LOCAL INITIATIVES SUPPORT CORPORATION Award B-11-CB-NY-0001
- Aug 1, 2010$21.1M from Corporation for National and Community Service: Social Innovation Fund8 To LOCAL INITIATIVES SUPPORT CORPORATION Award 10SIHNY001
- Oct 1, 2025$20.0M from Department of Education: Credit Enhancement For Charter School Facilities9 To LOCAL INITIATIVES SUPPORT CORPORATION Award S354A250004
- Dec 7, 2022$17.0M from Assistant Secretary for Community Planning and Development: Section 4 Capacity Building For Community Development And Affordable Housing10 To LOCAL INITIATIVES SUPPORT CORPORATION Award B-21-CB-NY-0001
- $15.4M from Assistant Secretary for Community Planning and Development: Section 4 Capacity Building For Community Development And Affordable Housing11 To LOCAL INITIATIVES SUPPORT CORPORATION Award B-17-CB-NY-0001
- May 17, 2012$15.2M from Assistant Secretary for Community Planning and Development: Section 4 Capacity Building For Community Development And Affordable Housing12 To LOCAL INITIATIVES SUPPORT CORPORATION Award B-12-CB-NY-0001
- Nov 7, 2016$15.0M from Assistant Secretary for Community Planning and Development: Section 4 Capacity Building For Community Development And Affordable Housing13 To LOCAL INITIATIVES SUPPORT CORPORATION Award B-16-CB-NY-0001
Largest federal loans
- Sep 27, 2016$20.0M from Rural Utilities Service: Community Facilities Loans And Grants14 To LOCAL INITIATIVES SUPPORT CORPORATION Award RO88482 53671
Links
- Websitewww.lisc.org1
- X (Twitter)x.com/LISC_HQ1
- WikipediaLocal Initiatives Support Corporation
- WikidataQ16933992
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
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- 6
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- 8USAspending.gov10SIHNY001: Corporation for National and Community Service
- 9USAspending.govS354A250004: Department of Education
- 10
- 11
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- 13
- 14USAspending.govRO88482 53671: Rural Utilities Service