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April 7, 2021, New York, New York – Sister Corinne Florek, OP, has been praised as the “Godmother” of Community Development Financial Institutions (CDIFs) for her decades of ministry in the field of economic justice and community investment. She was profiled in a special Women’s History Month newsletter produced by the Local Initiatives Support Corporation (LISC), founded in 1979 by executives of the Ford Foundation.
Through the years, Sister Corinne helped to shape the practice of community development, in which organizations such as the Adrian Dominican Sisters and other religious congregations invest in or make low-income loans to nonprofit organizations that serve the needs of local communities and low-income people.
Sister Corinne was one of the earliest members of the Adrian Dominican Sisters’ Portfolio Advisory Board and now serves as its consultant. She managed craft co-ops for women in Kentucky, ministered at the Catholic Campaign for Human Development, managed community investments for the Sisters of Mercy, and helped to found the Religious Communities Impact Fund.
Read about Sister Corinne and her community investment ministry in the LISC newsletter.