Aflac Incorporated have announced its $25 million commitment to invest in the Black Economic Development Fund introduced by the Local Initiatives Support Corporation (LISC). The Black Economic Development Fund (the “Fund”) is a mission-oriented investment fund with the primary objective of supporting Black-led financial institutions, anchor institutions and business transactions to strengthen the Black community in rural and urban communities. The ultimate goal is to help close the racial wealth gap. The Fund expects to begin initial deployment of capital in the first quarter of 2021, taking an industry-agnostic approach…
Read MoreAflac Incorporated Announces $25 Million Commitment to Invest in LISC’s Black Economic Development Fund
