Detroit LISC to Hold 20th Anniversary Gala Celebration at Fox Theatre on May 3

DETROIT, May 2, 2011 /PRNewswire-USNewswire/ -- Detroit Local Initiatives Support Corporation (LISC) will be celebrating its 20^th anniversary with a gala event at the Fox Theatre (2211 Woodward Avenue) on Tuesday, May 3, 2011, beginning at 5:00 p.m.

The event will be attended by Michael Rubinger, President and CEO of LISC, Karla Henderson, Director of the City of Detroit's Planning and Development Department, State Representative Rashida Tlaib, city officials, and the heads of Detroit's community development organizations. WDET-Radio host Craig Fahle will be the event's emcee.

The event will feature a proclamation from the Mayor's Office, and remarks from Michael Rubinger, Nick Khouri, chair of the Detroit LISC Local Advisory Board and Tahirih Ziegler, Detroit LISC Executive Director. The 45-minute program begins at 6:15 p.m. and concludes with a video history of Detroit LISC.

Since 1990, Detroit LISC has worked with community development partners, investors, and the philanthropic community to revitalize Detroit neighborhoods following a comprehensive model for community development, the Building Sustainable Communities Initiative. This model focuses on five investment goals: rebuilding the physical environment, increasing family income, stimulating the local economy, improving access to education, and creating safe, healthy environments.

Detroit LISC has helped develop over 4000 units of housing and 1,000,000 square feet of commercial real estate.

"Our goal," says Executive Director Tahirih Ziegler, "is to turn neighborhoods in distress into neighborhoods of choice. Neighborhoods that people will want to live and raise children in."

The reception begins at 5:00 p.m., followed by the main program at 6:15 p.m. Platinum sponsors for this event are MSHDA, MASCO Corporation, and Flagstar Bank. Media wishing to attend should contact Ulises Silva at [email protected]. Media kits will be available.

About Detroit LISC

Serving as the leader in comprehensive community development in metro Detroit, Detroit LISC seeks to build sustainable communities, transforming distressed neighborhoods into healthy ones. Through its unique business model, Detroit LISC invests expertise, technical assistance, management and program consulting, training, public policy support, and financing. Since 1990, Detroit LISC has invested $140 million and leveraged an additional $910 million to implement initiatives that help its community-based partners revitalize neighborhoods. For more information, please visit www.detroit-lisc.org.

Media Contact: Detroit LISC Media Relations
Phone: (313) 596-8222 ext. 14

SOURCE Detroit LISC

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