LISC posts record $2B in community investments for 2020
News provided by
Share this article
Share this article
NEW YORK, March 15, 2021 /PRNewswire/ The Local Initiatives Support Corporation (LISC) today announced that it made more than $2 billion in community investments during 2020 a new record for the 41-year-old national nonprofit that was driven in part by programs related to COVID-19 relief and racial justice.
The expanded activity included nearly every aspect of LISC s work, from increased affordable housing support to new funding for small businesses to deep engagement with partners around health, education, safety and jobs. It spanned some $1.5 billion in equity investments, $290 million in community development loans and $240 million in grants more than four times the level of grantmaking in the prior year.
Cummins to Support Black-Owned Businesses insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.
Indian-American Naureen Hassan appointed first VP, COO of New York Federal Bank
Naureen Hassan s innings as the first VP and COO of the Federal Reserve Bank of New York will begin from March 15
BusinessToday.In | March 6, 2021 | Updated 16:07 IST
Naureen Hassan (Image: IANS Twitter)
Indian-American financial services industry veteran Naureen Hassan has been appointed as the first Vice President and Chief Operating Officer of the Federal Reserve Bank of New York.
Hassan s appointment has been approved by the Board of Governors of the Federal Reserve System and her innings as the first VP and COO will begin from March 15.
As the first vice president, Hassan will be the New York Fed s second ranking officer and an alternative voting member of the Federal Open Market Committee. Hassan s acumen in strategy, digital transformation, cybersecurity and regulatory/risk management is well known.
Federal Reserve Bank of New York Names Indian American Executive Naureen Hassan First Vice President, COO indiawest.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiawest.com Daily Mail and Mail on Sunday newspapers.
Indian-American named 1st VP, COO of Federal Reserve Bank of New York
Indian-American Naureen Hassan, a 25-year veteran of the financial services industry, has been named as the First VP and COO of the Federal Reserve Bank of New York.
| 6 March 2021 12:48 PM GMT
NEW YORK: Indian-American Naureen Hassan, a 25-year veteran of the financial services industry, has been named as the First Vice President and Chief Operating Officer (COO) of the Federal Reserve Bank of New York.
In a statement issued on Thursday, the Bank said that the appointment effective March 15, was approved by the Board of Governors of the Federal Reserve System.