Local Initiatives Support Corporation (LISC) Chicago

Listing Details

LISC

Local Initiatives Support Corporation (LISC) Chicago

Features

  • What sets the organization apart:

    LISC Chicago and our partner organizations have been operating the Financial Opportunity Center (FOC) network for 15 years. FOCs help families become more financially secure in three critical areas: employment and/or increased wages; improved financial condition; and improved access to public benefits. The Theory of Change for the FOC Network is that jobs are not enough for a family to become financial stabile, but through the integrated services of income supports, financial coaching and employment services clients connect to the economic mainstream. The FOC is an integrated service delivery strategy equipping low-income people with tools, support and know-how to boost earnings, build credit, reduce expenses and make sound financial decisions. Each FOC client has access to a network of coaches to help address financial problems from multiple angles including: job placement, retention and advancement; access to public and private benefits to supplement earnings; and managing a budget. Operated by trusted community-based agencies, FOCs forge productive, long-term relationships with clients. A distinctive feature of the FOC Network is that multiple neighborhoods and agencies are part of a single network - with consistent operating principles, extensive interaction among the neighborhood groups, and streamlined technical and financial support linking all of them in one coordinated effort. LISC provides network supports such as a shared data/metrics tracking and reporting platform, documentation of best practices, training and technical support, peer networks, operational support for FOC staff, facilitated linkages and fundraising on behalf of the network. The agencies operating the FOCs provide direct client services, participate in network exchanges and trainings, enter their client and performance data into a shared system, and identify resources to support their local programs. LISC’s primary collaborators are the FOC network which includes 10 best in class employment agencies operating FOCs throughout Chicago. The FOC Network is comprised of the following agencies: Center for Changing Lives, Chicago Commons, Cara Chicago, Instituto Del Progreso Latino, Jane Addams Resource Corporation, Metropolitan Family Services, North Lawndale Employment Network, Preservation of Affordable Housing, OAI and Safer Foundation.

  • Mission Statement

    With residents and partners, LISC forges resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families.

  • Organization’s History

    Local Initiatives Support Corporation (LISC) Chicago is one of 35 local offices of LISC, a national organization that works with residents and partners to forge resilient and inclusive communities of opportunity across America – great places to live, work, visit, do business and raise families. LISC Chicago’s mission is to connect neighborhoods to the resources they need to become stronger and healthier. Our vision is as Chicago grows stronger; all neighborhoods contribute to and benefit from the region’s economic growth. Over the last 40 years, LISC has invested over $970 million in grants, loans and equity in Chicago, which has leveraged an additional $7.1 billion, produced 31,000 units of housing, 6,1 million square feet of commercial space and engaged over 30,000 residents and institutions to build a stronger city and region.

  • CEO/Executive Director

    Meghan Harte

  • Size of Organization’s Staff

    <20

  • Diversity of Staff

    More than 50%

  • Current Operating Budget

    6900000

  • Education Level of Primary Target Population

    No HS Diploma, High School Diploma/GED, Some College, No Degree, College Grad

Location

Contact Information

  • Address
    10 South Riverside Plaza, 10, South Riverside Plaza, Near West Side, Chicago, Cook County, Illinois, 60606, United States of America
  • Phone
  • Website
    http://www.lisc-chicago.org/
  • Zip/Post Code
    60606

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