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  • January 2001 (Revised June 2001)
  • Case
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Local Initiatives Support Corporation

By: James E. Austin and Kim Slack
  • Format:Print
  • | Pages:21
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Abstract

Local Initiatives Support Corp. (LISC) is a $74 million nonprofit social enterprise that combats poverty by helping community development organizations build affordable housing and create economic development opportunities through public-private partnerships. Poses a dilemma for the CEO: whether to grow geographically or programmatically. Presents the history of the organization and the many challenges facing urban and rural community groups, such as how to improve educational opportunities for their citizens. Also describes how LISC funds its operations, including the syndication of low-income housing tax credits, foundations, and private partnerships.

Keywords

Business Model; Development Economics; Education; Capital; Investment Funds; Taxation; Growth and Development; Partners and Partnerships; Nonprofit Organizations; Segmentation; Service Industry

Citation

Austin, James E., and Kim Slack. "Local Initiatives Support Corporation." Harvard Business School Case 301-124, January 2001. (Revised June 2001.)
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About The Author

James E. Austin

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More from the Authors
  • Responsible Leadership and Transformative Cross-sector Partnering By: James E. Austin, M. H. Jaén, E. Reficco and A. Vernis
  • Key Success Factors in Environmental Entrepreneurship: The Case of Wilderness Safaris By: James E. Austin, Megan Epler Woods and Herman B. Leonard
  • Generating Social Entrepreneurship Knowledge: International Research Collaboration on a Hemispheric Level By: James E. Austin, Gabriel Berger, Rosa Amelia González, Roberto Gutiérrez, Iván D. Lobo and Alfred Vernis
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