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.
Welcome to the weekly TriplePundit flash. Every Monday, we will offer up a quick rundown of the stories the editors at 3p think you need to know and today, we’re proud to share the top stories to kick off Women’s History Month.
Impact investing has emerged as a major force in philanthropy. Last year GIIN conducted a survey showing that the estimated value of the impact investing sector doubled between 2017 and 2018, increasing from $114B to $228B. There’s a growing demand for investments that actively produce measurable positive social and environmental outcomes.
Operating at the intersection of business, technology, and sustainability, The GreenBiz Group is a key advocate for the integration and application of sustainability into the corporate ecosystem. Whether it is convening C-Suite executives and leading NGOs on developing robust circular economy initiatives or researching new trends to develop more sustainable supply chains, GreenBiz has uniquely positioned itself at the epicenter of the corporate green movement.
Duke Energy Progress, a subsidiary of Duke Energy (NYSE: DUK), has completed its first issuance of $600 million in green bonds that will finance eligible green energy projects, including the development, construction and procurement of solar generation in the Carolinas.
Whole Planet Foundation’s global impact has reached microentrepreneurs in India and 74 other countries thanks to supplier donors - like Numi Organic Tea - who have contributed more than $12 million for poverty alleviation.
Calling all women entrepreneurs! In celebration of International Women’s Day, Visa (NYSE: V) today reinforced its dedication to women empowerment with the launch of the first Visa Everywhere Initiative: Women’s Global Edition.
The United States Department of State's Bureau of Oceans and International Environmental and Scientific Affairs has funded the World Environment Center to promote environmental governance through improved practices and technologies in Morocco and Jordan. The purpose of this initiative is to strengthen environmental governance that will lead to the adoption of improved environmental practices, technologies, and services, particularly in addressing air pollution, water and waste management challenges. WEC has partnered with EDI Consulting in Morocco and Water and Environment Center/Cleaner Production Unit at the Royal Scientific Society in Jordan to provide their on-the-ground knowledge and support to achieve project objectives.
The milestone investment will be additive to The Scotiabank Women Initiative, which helps women with access to capital, support from senior business leaders, and education tailored to their needs.
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