LISC Launches Green Development Center

In March, Local Initiatives Support Corp. (LISC) opened its Green Development Center, a new effort to put green design, construction, and management principles to work in the neighborhood revitalization projects in which it invests.

"Lowered operating costs, increased household income, and the improved health of children, these are direct results of green-focused development," said Greg Maher, LISC's senior vice president for lending.

The center will be led by Madeline Fraser Cook, who recently served as vice president of New Ecology, Inc., a Cambridge, Mass.-based organization that provides technical assistance on green and sustainable design techniques to community-based organizations and affordable housing developers.

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