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.
Multipliers of Prosperity is an award-winning thought leadership platform that features stories from MetLife Foundation’s grantees. It includes videos, infographics, and other content on the work of financial inclusion. This unique resource, developed in partnership with WSJ. Custom Studios, helps share best practices, insights, and information about financial inclusion issues. It is the Foundation’s contribution to sharing knowledge and raising awareness of financial inclusion around the world.
As featured in the MetLife Annual Report 2016: These grants are leveraging the power of behavioral economics to drive change. Common Cents Lab at Duke University | Social scientists call the gap between what people know they should do and what they actually do the “intention-action” gap. Bridging that gap is important for financial health because financially self-defeating behaviors can have serious consequences. Common Cents Lab is a three-year initiative aimed at using behavioral economic insights to test innovations that can help low-income Americans make better financial decisions.
We are disappointed by the decision of the United States to leave the Paris Agreement, a historic global accord to combat climate change and protect our planet for future generations. Despite this setback, there is also cause for optimism. The Paris Agreement has activated an unstoppable momentum for climate action, with an essential role spelled out for responsible business.
As featured in the MetLife Annual Report 2016: Nothing inspires innovation like competition. So MetLife Foundation teamed up with Verb, a company that specializes in social innovation, to develop a competition that brings together entrepreneurs and MetLife associates across four regions. The program launched in Ireland, China, and India, with more than 250 social ventures competing and 240 MetLife associates volunteering nearly 1,000 collective hours as mentors and judges.
For professionals in the capital markets, and in the corporate sector, G&A Institute and Global Change Associates are teamed to present a one-day professional training program, hosted by Zicklin School of Business at Baruch College/CUNY, in midtown Manhattan. This is an excellent introduction to the application of ESG factors to investment making decisions and corporate valuations.
Coordinated by GRI and the IIRC, the Corporate Leadership Group on Integrated Reporting is a peer learning forum where businesses are exploring the best ways to use the GRI Sustainability Reporting Standards to produce the sustainability disclosures for their integrated reports.
Since its launch in 2014, MakerClub has established eight after-school clubs that introduce young people to coding, creative thinking and emerging technologies. Here, director Declan Cassidy reveals his aim to grow that number to 50 across the UK in 2017 – and tells how Barclays is supporting his team’s ambitious plans to develop the ‘inventors of tomorrow’.
Ester Julia Álzate is a working class, 60-year-old mother and grandmother from Yumbo, a small, industrial city and municipality in western Colombia. She has a 28-year-old daughter, a 21-year-old son, and a five-year-old granddaughter. For the past 25 years, Ester has been steadily employed, working in the accounting and portfolio division of a nationwide network of funeral homes in Colombia.
Much has been written about America’s President, Donald Trump, and the effects his tenure will have on the world. We at CSRHub recently had an interesting opportunity to examine the relationship between President Trump’s businesses and corporate social responsibility (CSR).
The National Council of La Raza (NCLR), and Citi Community Development kicked off an initiative today to provide training and technical assistance for four leading local housing counseling agencies and expand access to Department of Housing and Urban Development (HUD) -certified counseling and foreclosure prevention services for low- and moderate-income families across Puerto Rico. The initiative aims to increase the number of families who can avoid foreclosures and preserve assets as well as help local families develop financial management skills to save and build credit.
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