LISC’s Black Economic Development Fund (BEDF) has committed nearly half it’s $250 million in capital, with the remainder of the fund expected to be invested by the end of the year. “This fund is a powerful model for social investing…” said LISC’s George Ashton.
https://www.lisc.org/our-stories/story/black-economic-development-fund-invests-122-million-support-growth-black-owned-banks-businesses/