KeyBank Community Development Lending and Investment (CDLI) provided $16.6 million in low income housing tax credit equity (state and federal), a $21.3 million construction loan and $6.3 million taxable equity bridge for the construction of Silos Apartments.
With the recent announcement that the European Union will begin issuing green bonds starting in October of 2021 and predictions that have annual green bond issuance hitting $1 trillion by 2023
The green bond market, which is anticipated by Climate Bonds Initiative (CBI) to reach $1 trillion annually by 2023, has played an increasingly important role in financing assets needed for the transition to a low-carbon future.
How do today’s most influential C-suite executives navigate a period of historic disruption, marked by a pandemic, tech innovation, rapidly evolving business models, trade tensions and the effects of geopolitics on global business?
The past two years have been a clear and constant reminder that solving the world’s greatest sustainability challenges—climate change, the pandemic and racial injustice—will require public and private organizations embracing environmental and social responsibilities with greater coordination, commitment and innovation
Principal Financial Group® has joined the U.N. Global Compact CFO Taskforce as the company continues to integrate sustainability commitments into its finance strategies.
During just the past month, two new reports were released that were notable not just for their recommendations urging banks to get serious about implementing their commitments to ending financing of climate pollution and shifting to a clean economy
KeyBank Community Development Lending and Investment (CDLI) has provided $40.6 million dollars for the development of Finca Serena in Porterville, Calif. The blended occupancy property will offer permanent supportive housing to unhoused individuals and families in Tulare County.
KeyBank Community Development Lending and Investment (CDLI) has appointed Brian Maddox as the National Team Leader for its newly created Community Development Financial Institutions (“CDFI”) team.
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