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.
When it comes to reporting and disclosure, sustainability leaders at beverage companies are feeling mounting pressure to meet changing reporting requirements and intensifying stakeholder expectations.
Recently, several Transparency & Disclosure Working Group members of the Beverage Industry Environmental Roundtable (BIER) came together to discuss emerging trends, metrics that matter, and what companies should do now to prepare for the next reporting evolution. Those members include: Laura Nelson of Antea Group, Jamal Booker of The Coca-Cola Company, Julie Lejard of Pernod Ricard, and Suzette Carty of Brown-Forman. To learn more about the insights they shared regarding this important topic, check out BIER's latest blog post: http://bit.ly/FutureofTransparency
Once again, it’s BlackRock CEO Larry Fink who has appeared as the socially responsible investment oracle. Almost a year after his “paradigm shifting” letter--a call for social purpose in the 4,000+ companies in which the $6.3 trillion fund invests--Fink has issued a definitive follow-up statement on the subject.
We may be heading into the cold, dark days of winter, but my inbox has been glowing red-hot with a blast of news about sustainable finance. Updates are coming from every area of the category, from giant global entities to funds offering niche investment products, and services aimed at millennials and women.
Sodexo, a food services and facilities management company committed to Quality of Life, organized and hosted the first-ever Taking Root Student Symposium to demonstrate the organization’s commitment to buying locally-sourced products in Vermont and to teach college students in the state what it means to chart a career in food.
Wells Fargo & Company (NYSE:WFC), NeighborWorks® America, Orlando Neighborhood Improvement Corporation (ONIC), and Neighborhood Housing Services of South Florida (NHSSF) today announced the NeighborhoodLIFT® program will launch for Lake, Orange, Osceola and Seminole counties with a $6.3 million commitment by Wells Fargo to boost local homeownership.
KeyBank Community Development Lending & Investment (CDLI) announced today that it has hired five new underwriters to support work across its growing business. The CDLI platform brings together balance sheet, equity and permanent loan offerings to finance the preservation and development of affordable housing and other community development projects. Keven Ruf, Stephanie Curtis, Laura Janosko, Derek Reed and Michelle Kennedy bring expertise in community development, real estate development and tax credit financing from public and private sector experience.
Aligning Faith and Finances is an important topic with hundreds of years of history in the Socially Responsible Investing (SRI) community. Today millions of people are aligning their investments with their sincerely held beliefs and values. I've always found stewardship important from personal finances to the planet we call home. How do you align your money with your morals?
Duke Energy Carolinas, a subsidiary of Duke Energy (NYSE: DUK), has completed its inaugural issuance of $1 billion in green bonds that will finance eligible green energy projects – including zero-carbon solar and energy storage – in North and South Carolina. This represents one of the largest green bond transactions issued by a utility.
About two years ago, Wells Fargo team member Michael Dunn had an idea. While speaking to team members in Community Development in Denver, he asked if the company had ever sponsored an entire house with local affiliate Habitat for Humanity of Metro Denver. Nothing came of the conversation at the time, but the Community Development team asked him about it last year. This time, the idea became reality.
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