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.
It was all smiles as rap star and Houston fan-favorite Bun B (aka Bernard Freeman) and chef Mike Pham of Trill Burgers walked into Sysco Corporation Headquarters.
Pepco, Exelon, and the Exelon Foundation-funded Racial Equity Capital Fund (RECF), announced $2.7 million in RECF investments to four local, minority-owned businesses working in the energy, IT, workforce development, and real estate fields.
The Glasgow Financial Alliance for Net Zero (GFANZ) Secretariat launched a consultation on its work to further refine the definitions of its transition finance strategies and support financial institutions to forecast the impact of these strategies on reducing emissions.
We recently started working with a new source of ESG ratings—InvestVerte. This group targets investors who want to use ESG data to improve their investment returns.
KeyBank Community Development Lending and Investment provided a $8.6 million equity bridge loan and $13.1 million in 4% federal Low-Income Housing Tax Credit (LIHTC) equity for the acquisition and rehabilitation of an affordable housing community in Layton, Utah. \
For the second consecutive year, PNC marked Sept. 14, the 257th day of the year, to bring greater visibility to and help close the economic gender gap that inspired our Project 257®: Accelerating Women’s Financial Equality initiative.
PNC Bank’s recent $8 million equity investment in Housing Impact Fund II (HIF II) is helping bring tangibility to the fund’s vision to preserve Naturally Occurring Affordable Housing (NOAH) in Charlotte and Mecklenburg County.
Intend Indiana (Intend) and PNC Bank (PNC) announced an agreement for a $2.5 million investment that will support Intend Indiana’s multifamily housing initiative for the state’s most vulnerable residents.
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