Beyond Good Intentions: Confronting the Complexity of Community Development with Bill Taft
In this episode of More Than Profit, host Bryce Butler sits down with Bill Taft, Senior Vice President of Economic Development at the Local Initiatives Support Corporation (LISC). With over 30 years of experience in community development, Bill shares his insights on the evolving landscape of economic revitalization, the challenges of financing projects in disinvested neighborhoods, and the power of blending public and private capital for long-term impact.
From his early days leading a community development corporation in Indianapolis to overseeing national strategies for LISC, Bill’s journey is filled with lessons on patience, partnership, and persistence. He and Bryce discuss the importance of bridging economic and community development efforts, overcoming capital access challenges, and building ecosystems that truly support small businesses and housing initiatives.
If you’re passionate about equitable development, sustainable impact, and the role of financial innovation in revitalizing communities, this episode is a must-listen.
Key Topics Covered
The Role of LISC in Community Development
The Impact of Banking Consolidation on Local Communities
The Power of Blended Capital in Community Development
Bill’s Personal Journey in Community Development
The Importance of Trust and Relationship-Building
The Future of Economic and Community Development