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 Real Estate Capital has arranged a $6.9 million FHA loan to Millennia Housing Development Ltd., for the substantial renovation of Sherman Thompson Towers Apartments, a 151-unit affordable seniors housing community, located in Ironton, OH. Each of the units are designated for residents earning 30-60% area median income (AMI). The project was awarded tax credits by the Ohio Housing Finance Agency (OHFA).
India has witnessed a year-on-year growth in total CSR spending. More consistent and comparable reporting will help stimulate accountability and measure the actual impact of CSR spending on the Indian economy, environment and society. In addition to building reporting capacity and quality, GRI South Asia is also gathering business momentum to align corporate reporting in the region with the UN Sustainable Development Goals
Thanks to our microfinance partners around the globe who are working diligently daily to serve the world's poorest people, the average first loan size we fund has decreased to $184.
Is corporate growth and profitability "hard wired" to sustainability and trust? Important question! The answer (a declarative "yes") was advanced by Mark Pearson and Bill Theofilou, of the Accenture consulting firm, in a recent white paper.
CSRHub is pleased to release the third e-Book in the new series, How to Improve Your CSR Score, sponsored by Triple Pundit. “Telling Your Story... Is more disclosure better disclosure?"
This year marks the 20th anniversary of the Global Reporting Initiative (GRI), an independent body that has pioneered sustainability reporting from a niche practice to one now adopted by organizations around the world. Read what GRI's Chief Executive Tim Mohin has to say about the growth of sustainability reporting, the importance of transparency, competition between reporting methods and his hopes for his own legacy.
At this year's United Nations high-level political forum, 43 countries presented their voluntary national reviews on the progress towards achieving the Sustainable Development Goals. GRI took this opportunity to investigate how the private sector in particular has been included in these reviews. Here we present a quick overview of three emerging trends on the private sector role in the 2030 Agenda.
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