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.
Partners in Preservation: Main Streets, will award $2 million in grants to Main Street districts in need of preservation support across America, as decided by public vote. Timothy J. McClimon, President of the American Express Foundation explores why main streets continue to matter to cities across the country.
Wells Fargo & Company (NYSE:WFC), NeighborWorks® America and its network member Affordable Housing Resources today announced the NeighborhoodLIFT® program is coming to the Nashville area with a $4.2 million commitment by Wells Fargo to boost homeownership. This will be Wells Fargo’s 54th LIFT program event in the U.S.
American Express and The National Trust for Historic Preservation, in collaboration with Main Street America, announced today that Partners in Preservation is headed to Main Street. Partners in Preservation is a community-based partnership to raise awareness of the importance of preserving historic places and their role in sustaining local communities. This year’s program, Partners in Preservation: Main Streets, will award $2 million in grants to Main Street districts in need of preservation support across America.
JPMorgan Chase & Co. today unveiled a $10 million, three-year investment to help drive inclusive economic growth in underserved Washington, D.C. neighborhoods, most notably in Wards 7 and 8. This long-term commitment is the firm’s third investment in a major U.S. city. It combines the firm’s business expertise and collaboration with local business and community leaders to invest in four key drivers of inclusive growth: jobs and skills, minority-owned small business expansion, neighborhood revitalization and financial health.
SynTao Co., Ltd. is a leading China-based consultancy promoting sustainability and responsibility in the Asia region. The organization focuses on consulting, education, and investment in Corporate Social Responsibility (CSR). Founded in 2005, SynTao has established offices in Beijing, Shanghai, Guangzhou, Chengdu, Shenzhen, Chongqing, and Washington D.C.
Eric Ries, one of the most prominent entrepreneurs from Silicon Valley, is launching the Long-Term Stock Exchange (LTSE), a new stock exchange for companies and investors that want to focus on long-term values and sustainable development rather than short-term profit gains
In the just released interview with Rick Wartzman, Cynthia Figge, CEO of CSRHub, speaks about Why It Makes Sense For Companies To Be Socially Responsible. The Bottom Line podcast puts a spotlight on companies that are advancing social progress, and draws out insights into some of the most pressing issues of our time. You can listen to this dynamic and in-depth conversation on Capital and Main, here or below.
Today, the Global Reporting Initiative (GRI) marks its 20th anniversary and charts a refreshed course to help even more businesses use sustainability reporting to create the conditions for sustainable development. To do this, GRI will focus on improving the quality of sustainability reporting, providing preliminary reporting guidance on sustainability topics that are new to the corporate reporting field, increasing reporting among small and medium-sized enterprises and promoting harmonization in the corporate reporting landscape.
Today, the World Business Council for Sustainable Development (WBCSD) launched the Reporting Exchange - the single most up to date and comprehensive source of information on sustainability reporting requirements and resources currently available.
Recognizing the critical role that private capital flows will play in moving society toward a more sustainable future, Yale University has launched the Yale Initiative on Sustainable Finance (YISF). This new academic effort will provide high-quality research on the flow of capital into sustainability-oriented projects and sustainable companies.
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