Boston LISC Expands Services across Commonwealth
With the launch of the Community Investment Tax Credit (CITC) last year, Boston LISC committed to expanding the range of their services beyond their traditional focus on greater Boston to the entire Commonwealth. With just over a year following the initial allocation of tax credits through the CITC program, Boston LISC is actively reaching out to provide new programs and services to Community Development Corporations across Massachusetts.“Boston LISC is working to bring resources to community development corporations across Massachusetts as a Community Support Organization. We are building on the work we have been doing with MACDC as cofounders of the Mel King Institute.”Some of the highlights from LISC’s expansion of services over the past year:
- Issued first two loans of LISC’s Transit Oriented Development Accelerator fund in Salem, MA
- Provided $120,000 in capacity building grants to eight CDCs outside of Boston, including:
- North Shore CDC
- ACT (Lawrence)
- Twin Cities CDC
- Franklin County CDC
- Hilltown CDC
- CDC of South Berkshire
- Served CDC affordable housing owners statewide through LISC’s Green Retrofit Initiative
- Expanded LISC AmeriCorps program from 11 members to 16 members, with residents at CDCs such as South Berkshire CDC, CEDC in New Bedford and North Shore CDC.
“This is another excellent way the CITC program is expanding and strengthening the Community Development field in Massachusetts,” noted Joe Kriesberg, MACDC President. “Boston LISC has an incredible track record providing programs, services and funding to CDCs in communities and neighborhoods in greater Boston. Now they are expanding this geographical focus and within one year the impact is substantial.”Learn more about Boston LISC.