stimulating economic activity locally and regionally
Stimulating local economic activity is another important goal to help integrate the targeted communities into the larger economy. Supporting the growth of healthy economies in marginalized neighborhoods is a critical aspect of the Sustainable Communities strategy. LISC works with partners to build connections between low-income neighborhoods and business leaders to encourage the development of retail spaces, commercial activity and employment opportunities in underserved neighborhoods.
An example of how we are undertaking this goal:
Virginia LISC is conducting planning sessions and providing development assistance to more than 100 businesses working in the Uptown area of Martinsville to support growth in businesses like the Solid Stone Fabrics which employs former textile manufacture workers to craft costumes for theatres around the world.