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.
AccountAbility is pleased to release a practical guidance document highlighting the key changes made to the AA1000 AccountAbility Principles (AA1000AP, 2018), as well as an overview of alignment with commonly used sustainability-related reporting standards and frameworks. The document serves to support both organisational users and assurance providers in effectively working with the AA1000AP (2018).
KeyBank Community Development Lending and Investment (CDLI) has provided $38.4 million in total financing for the construction of Del Valle Apartments in Austin, TX. The CDLI team provided a $9 million equity bridge loan, with a $29.4 million Freddie Mac Tax Exempt Loan (TEL) Forward Commitment component arranged by Key’s Commercial Mortgage Group.
The majority of Americans are not setting aside enough money in emergency savings to cover a significant unexpected expense, according to a new survey from CIT Bank. That's a problem, because nearly half of American households were faced with emergency expenses in the past year.
On 24 September, join the UN Global Compact Leaders Summit 2018 to share achievements and discuss the challenges and opportunities business face in delivering the Sustainable Development Goals (SDGs). Looking for practical guidance that can enable your company to better measure and report on your impact on the Global Goals? Check out UN Global Compact and GRI new practical guide to SDG Reporting.
Back in 2007, when Matt and Catherine O’Hayer started pasture-raising hens, their thoughts were never just on the birds in their care, but in using whatever means at their disposal to affect lasting change. Directly, that meant challenging long-held assumptions in the food business – that sustainable could not mean scalable, and vice versa. That challenged Matt to pioneer an entirely new on-shelf category in the egg set – pasture-raised – and disrupt an industry that had become moribund and commoditized.
In February 2017, Sappi announced the approval of a $165 million capital project that will expand Sappi North America’s manufacturing capabilities and flexibility to include a variety of consumer packaging products. The project, slated to come online in 2018, will take place at the Somerset Mill in Skowhegan, Maine.
Visa today released its 2017 Corporate Responsibility and Sustainability Report, the company’s summary of progress in its ongoing commitment to corporate responsibility, sustainability and ethical leadership. The report addresses the commitments and progress Visa has made across its most significant environmental, social and governance (ESG) issues.
Wells Fargo (NYSE: WFC) announced it has committed the capital in construction debt, as well as the tax-equity funding of $35 million for the new solar generation facility, known as FL Solar 5 in Orange County, Florida. This solar facility will include half a million solar panels and will also reduce greenhouse gas emissions by more than 57,000 tons per year. That’s the annual equivalent of removing 9,300 automobiles from the roads.
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