Below you will find an abridged position description. To find a full position description, please follow this link: https://bit.ly/3SBeCp2

ABOUT LOCAL INITIATIVES SUPPORT CORPORATION (LISC)

Today in America, and especially in the greater Los Angeles area, the need for resilient, healthy, and inclusive communities with quality life, affordable housing, and wealth opportunities is greater than ever. The shortage of safe, affordable homes, skilled job training, education, and quality healthcare affects everyone and everything. With the unceasing COVID-19 pandemic, many are struggling even more in midst of unprecedented challenges to stay in their homes amid declining neighborhoods. For 43 years, LISC has supported people and places in need to achieve stability and resiliency—the very attributes everyone, and every community, requires. In 2021, LISC had a record year of unparalleled support, investing $2.7 billion to catalyze opportunity in hundreds of historically underserved urban and rural communities nationwide. This historic success allowed LISC to be able to pivot and offer immediate relief to people, enterprises, and communities—particularly communities of color—that have been bearing the brunt of the pandemic's fallout.

Working 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. As America’s leading Community Development Financial Institution (CDFI), LISC creates opportunities for people to thrive: better housing, living wage jobs, quality schools and child care, safer recreation space, and vibrant places to shop and grow. To achieve these opportunities, LISC serves holistically as investor, capacity builder, advisor, convener, and systems innovator that pools public and private dollars to be invested in people and places. LISC offers an array of financing, consulting services, and project support across all program areas, including financial investments of grants, loans, and equity for economic revitalization projects; management and strategic services for partners; and policy and program expertise, development, and implementation.

We invite you to learn more at www.lisc.org

THE POSITION

A seasoned, achievement-focused leader, LISC’s Executive Director role represents an exciting and distinctive opportunity to experience deep purpose and a fulfilled sense of mission in leading the growth of local programs, funding, and services in Los Angeles that will positively impact the lives of thousands of individuals and families, particularly communities of color. LISC and its affiliates have served Los Angeles for 35 years. Since this time, LISC has provided $871 million in grants, lending, and equity investments, which have leveraged an additional $2 billion in investment. LISC has assisted 26 community-based organizations, helped create over 10,515 affordable homes, and financed over $1.8 million square feet of retail and community space. Toward 2024, LISC LA envisions itself playing a leadership role in the thought and practice of preventing homelessness in the Los Angeles area. LISC LA also aspires to being an economic development innovator, connecting people to living wage jobs and supporting projects, programs, and policies that create healthy and inclusive communities of opportunity.

The Executive Director, an entrepreneurial and energetic leader, will provide overall leadership, strategic direction, and guidance for all aspects of LISC LA’s current $65 million programmatic structure. This position reports to the West Region Program Vice President and works closely, effectively, and harmoniously with other members of the LISC national management team and its national programs and affiliates. This position will be responsible for expanding LISC’s role primarily in the city and county of Los Angeles as part of advancing economic inclusion. LISC Los Angeles has a strong operating base of nonprofit and private sector funding partners that includes recent partnerships with California Community Foundation, Citibank, Comerica Bank, HSBC, James Irvine Foundation, JP Morgan Chase, Kaiser Permanente, Pacific Premier Bank, and Wells Fargo. The Executive Director manages a $2.5 million operating budget and a talented team of 15 economic and community development professionals. The senior management team includes a Deputy Director and three Senior Program Officers overseeing the office’s Economic Inclusion, Housing, and Alternatives to Incarceration teams. This position is based in LISC’s downtown Los Angeles office and provides flexibility for working remotely as needed.

The position requires a strong commitment to the role of community-based non-profit organizations as agents of positive change as well as an understanding of, and appreciation for, other key public and private partners who can offer additional resources to the work of community development in Los Angeles. The Executive Director is responsible for raising capital and resources locally that will be leveraged by national LISC’s support to support their community partners. This leader will also recruit, manage, and collaborate closely with diverse, skilled, and broadly representative 18-member Local Advisory Committee (LAC) that provides civic leadership and strategic guidance on investments, policies, and programs and supports resource development efforts. To be successful, this goal-oriented leader must be a strong implementer of operational and programmatic excellence who can effectively partner with colleagues on the LISC national team to foster interdepartmental collaboration, strengthen cross-team communication, and ensure a culture of philanthropy across the organization.

RESPONSIBILITIES

The Executive Director will have the following primary responsibilities:

LEADERSHIP AND MANAGEMENT

PROGRAM / COMMUNITY DEVELOPMENT