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LISC makes unconventional move, issuing bonds to grow revenue through impact investors

LISC, Local Initiatives Support Corporation, announced that it would be issuing $100 million in general obligation bonds, a first for a Community Development Financial Institution (CDFI). “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.

To read the full story, visit LISC.  Originally Published via Press Release by LISC on 4.4.17.

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