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.
Cargill, one of the world’s largest food and agriculture companies, and the International Cocoa Initiative (ICI), a leader in child protection in cocoa growing, have partnered to expand their joint actions on child labour in Côte d’Ivoire. Scaling up a relationship that has been ongoing since 2002, the two organizations are now establishing a monitoring system in Cargill’s cocoa supply chain to identify and protect children, especially those involved in child labour.
Bloomberg today announced the 2017 Financial Services Gender-Equality Index (BFGEI), providing investors and organizations with unique insight into the statistics, policies, product offerings and external engagement driving 52 firms’ commitment to building gender-equal workplaces. Bloomberg also introduced a Fixed Income Gender-Equality Index, representing investment grade debt issued by the 2017 BFGEI member firms.
Wells Fargo & Company (NYSE: WFC), NeighborWorks® America and its network member Neighborhood Housing Services of Southern Nevada today announced the NeighborhoodLIFT® program is expanding to Las Vegas Valley with a $5.55 million commitment by Wells Fargo to boost homeownership.
GRID Alternatives, America’s largest nonprofit solar developer, today announced the Wells Fargo Foundation has committed to a four-year, $2 million grant to expand low-income solar access. The grant builds on more than $4 million Wells Fargo has invested in GRID Alternatives since 2008, catalyzing the national expansion of GRID’s work bringing solar power and job training to disadvantaged communities.
Once considered the purview of Jetsons-era futurescapes, smart street systems have made the transition from science fiction to real city council planning agendas. Sensor-laden Wi-Fi kiosks, smart streetlights, EV charging stations and integrated urban mobility systems are generating rising interest as cities demand greater connectivity, resource efficiency, enhanced public safety and more effective municipal service delivery.
Brand Finance has recently released its analysis of the brand strength for the world’s 500 top banks. This annual review uses Brand Finance’s royalty relief methodology to estimate how much of a bank’s market value derives from its brand assets.
The U.S. Department of Housing and Urban Development (HUD) awarded two EcoDistricts partners with Choice Neighborhood Implementation grants in December 2016. Denver, Colorado’s Sun Valley Ecodistrict and St. Louis, Missouri’s Near North Side neighborhood each received nearly $30 million. The two historically marginalized communities have purposefully taken a district-scale approach to develop highly inclusive, stakeholder-driven development plans.
What happens when three bright and motivated women put their heads together to brainstorm new approaches to challenging problems? Major creativity and production.
Bank of Nova Scotia has launched “digital factories” in five countries in a bid to attract top tech talent and speed up the development of online and mobile banking solutions.
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