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.
Modernization of the U.S. power grid will not only require replacement of old components with new ones, it will also need to account for larger amounts of renewable energy and distributed generation. This movement is causing utilities to consider microgrids as a part of the solution.
KeyBank’s Community Development Lending & Investing (CDLI) group announced today it has provided $95.2 million in tax exempt bond financing to construct almost 600 units of 4% LIHTC affordable apartments in Auburn, Washington, called the Villas at Auburn and the Reserve at Auburn. Upon completion, the Villas at Auburn will offer 295 units of affordable housing for families; the Reserve at Auburn will offer 297 units of affordable housing for seniors. Both projects will serve residents making 60 percent or less of the area median income.
In response to the Environmental Protection Agency’s announcement that it would stay the course on 2012 greenhouse gas (GHG) standards for automobiles and light duty trucks, major investors released statements supporting the decision:
How do you help an organization embrace change? While not simple, there is a manageable five-step process that will help you manage the change so that it doesn’t manage you.
Join us in Arizona in February 2017 for the GRI Reporters' Summit and GreenBiz 17 Annual Forum. Gain practical solutions and tools to address common sustainability challenges facing businesses in today's changing landscape.
Nigeria-based Paga has joined the Business Call to Action (BCtA) with a pledge to expand its network of local entrepreneur agents to 40,000 across the country in order to serve 22 million customers by 2018. By that same year, the company aims to extend its savings and credit products to 5 million people across Nigeria.
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