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.
No city, no matter how appealing in the short term, should want to have its future rest in the hands of one company, as many “company towns” have learned over the ages.
Visa’s commitment to transparency in political disclosures has led to the company being named a “Trendsetter” on the 2017 CPA-Zicklin Index of Corporate Political Disclosure and Accountability, one of the most comprehensive rankings of the political disclosures and accountability practices of leading public companies in the U.S.
Bechtel is building Edmonton’s Valley Line light-rail transit extension, the largest infrastructure project undertaken by Alberta’s capital city in Canada. It will expand the commuter-rail system by eight miles (13 kilometers), linking the urban center to distant suburbs across the Saskatchewan River. Edmonton has committed to reducing its carbon footprint by 111,000 tons per year by purchasing renewable energy, which will provide electricity from cleaner sources to power the trains.
Sustainability Joins the Mainstream - Thanks to vocal consumers, shareholders and responsible investment firms, a growing number of companies are now promoting their sustainability, workplace and other social achievements as essential aspects of their brands. At the same time, many corporate leaders have come to realize that pursuing social responsibility can reduce litigation and reputational risk, while also improving innovation and efficiency. In addition, recent academic studies have demonstrated that investing in companies with strong ESG profiles can improve portfolio returns.
Rene Geneva has worn multiple (and stylish!) hats over the years. We have benefitted from Rene’s generosity since the late 2000s and now that she is starting her own Indiegogo Campaign, she is once again investing in a future without poverty through Whole Planet Foundation.
The Points of Light Civic Accelerator – the first national accelerator dedicated to investing in civic ventures – announced today the 12 ventures selected to participate in its fall 2017 program. The ventures come from across the United States a
For the 13th consecutive year, Duke Energy has been named to Site Selection magazine's annual list of "Top Utilities in Economic Development." In the magazine's September edition, it credits Duke Energy's economic development team and its successful collaboration with state and local partners for delivering more than $4 billion in capital investments and more than 14,000 new jobs in 2016. Duke Energy has been featured on the list every year since 2005.
New research demonstrates the long-term impact of skills-based volunteering (SBV) on the social sector. As highlighted in our article, The Promise of Skills-Based Volunteering featured in Stanford Social Innovation Review's Fall 2017 issue, Common Impact embarked on a study to quantify the longitudinal impact of SBV on the social sector and heard first-hand about the transformational impact from our nonprofit partners. We reached out to over 400 nonprofits across 21 cities and across various mission areas who have participated in one or more projects with Common Impact. The results represent two decades of data that demonstrates the immediate, positive outcomes of these engagements on the social sector.
A quartet of experts writing in the Harvard Business Review has responded to the short-term, bottom-line pressures that we hear so much about throughout much of Corporate America.
To develop their case, the authors (three academics and a consultant) looked at Brazil's giant beef industry, a challenge for studying considering the size and complexity of the industry and its long-term impact on the planet.
During annual field visits to our microfinance partners, we often see them searching for better ways to help their clients. Unexpected household shocks can seriously jeopardize the livelihoods of the poorest entrepreneurs and their families. The microfinance sector may be in its infancy in successfully providing access to financial products to buffer the effects of devastating health emergencies, floods, droughts, fires and other disasters, but we have seen innovative approaches from partners all over the world designed to mitigate these unexpected events.
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