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.
KeyBank Community Development Lending & Investment (CDLI) provided The Millenia Companies with $59.2 million in combined construction to permanent loan financing for the rehabilitation of 400 units of affordable housing at Cavalier Court Apartments and Gospel Gardens in Memphis, TN.
Earlier this year, Erb Institute student, Chris Owen, MBA/MS 2020, worked with Casa María Amor in Cuenca, Ecuador via an Erb Institute Impact Project. This video features such a project. Casa María Amor is a women’s shelter on the outskirts of Cuenca in the Andes Mountains. Chris conceived, developed and launched an Erb Impact project to help the women of Casa María Amor develop skills aimed at achieving economic independence after leaving abusive relationships.
BloombergNEF released its annual Climatescope report at the Shanghai Future of Energy Summit last week. Climatescope evaluates the investment conditions for clean energy and climate-related investments in 103 countries. For the first time Chile takes the number one spot in the country ranking from previously China.
According to a survey of nearly 1,600 United States employees by America’s Charities, companies that build effective workplace giving and volunteering programs have a significant leg up when it comes to attracting talent
Only one month remains of 2018, but we are feeling invigorated after an eventful three months since our last News Bite and looking forward to the year ahead! Important themes for us over the past few months have been human rights, women's economic empowerment and digitalisation. Read more below about activities in these areas - and thank you to all of you who participated in and supported them. Looking forward, we're also really excited to share the findings of our State of Inclusive Business Survey - more on this below.
KeyBank provided and arranged both construction and permanent financing to support the Senior Housing Assistant Group (SHAG) with the acquisition and rehabilitation of Sunset Garden Apartments, an affordable seniors housing property serving those aged 62 or older in Puyallup, WA.
KeyBank provided and arranged both construction and permanent financing supporting AVS Communities’ plan to construct The Villas at Arlington, a 312-unit, mid-rise apartment complex with 17 three-story residential buildings. The property is subject to Section 42 of the Low-Income Housing Tax Credit (LIHTC) program and will make affordable housing options available to families earning less than 60% area median income (AMI) in Arlington, WA.
Innovation and investments worth trillions of dollars in landscape restoration, climate adaptation and science-based policy advice will be needed if the global community is to meet the escalating threats posed by climate change.
Curtis Ravenel, Global Head, Sustainable Business and Finance, Bloomberg LP and SASB Foundation Board Member recently talked to SASB about Bloomberg's leadership in the space, our role in bolstering the adoption of SASB standards, the value of SASB standards in the European market, and the harmonization of SASB with the framework put forward by the FSB Task Force on Climate-related Financial Disclosures (TCFD).
Moody’s will support “Accelerate Women’s Entrepreneurship: Supporting Migrant Women-Owned Businesses,” a Shanghai-based program helping migrant women grow their businesses through a tailored training program of coaching and networking.
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