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.
Cities across the globe have followed multiple tracks in their quest to become “smart.” It isn’t a question of right or wrong. However, two key themes are emerging in their approach – either start with a pilot project that produces quick results, or undertake a comprehensive master plan that strategically lays out the coming years and decades.
East Africa has emerged as a hotspot of impact investing activity in recent years. However, two fundamental challenges—one around the matching between investors and enterprises and another around the preparation of enterprises in order to receive investment—are still constraining impact investing volumes (deal flow) in the region. While service providers are well equipped to help enterprises overcome both of these challenges, they themselves face constraints in scaling their models.
On a daily basis, businesses serve as powerful forces for good around the world. From job creation to corporate citizenship initiatives, the private sector's impact on society is enormous. Building corporate purpose has the potential to unlock even greater societal impact.
After reading Kathy Gu’s review of Benevity's 2016 Goodness Matters User Conference on the Silicon Valley Community Foundation (SVCF) website, we thought it would be a good time to pick her brain for insights that are sure to be interesting to anyone running corporate giving programs. We got a chance to catch up with Kathy recently about workplace giving, employee engagement and the corporate responsibility field in general. Her replies paint a picture of the evolving world of the CR professional, and how both Hewlett Packard Enterprise (HPE) and SVCF are engaging people, connecting with communities and creating meaningful charitable impact.
With nearly 700,000 people being released annually from prisons in the U.S., there is a dire need for programs that help former prisoners reintegrate into society and establish productive lives. Finding employment is a crucial step in the re-entry process, and that’s where WhenPeopleWork.com comes in.
The 'I Want To Be Recycled' campaign, a national initiative of longtime nonprofit partners Keep America Beautiful and the Ad Council, today announced a new partnership with Best Buy to remind consumers to recycle shipping and product packaging this holiday season.
It used to be that the quality of infrastructure was measured by its lifespan. Water systems might last a century, and power plants at least half that. Those were measurements of solid assets, well worth the investment. But today, dependable infrastructure is just not enough. While it must be resilient and have an extended life cycle, now it must also be intelligent and communicate with other systems in ways that were unknown only a few years ago.
Led by Carnegie Mellon University alumna Emily Kennedy, start-up Marinus Analytics is focused on becoming a sustainable company with a huge social impact.
As a global investments company, BNY Mellon is invested in market integrity, our people and our world. In the 35 countries and more than 100 markets where we do business, corporate social responsibility enables us to drive lasting impact.
About Truist FoundationThe Truist Foundation is committed to Truist Financial Corporation’s (NYSE: TFC) purpose to inspire and build better lives and...
Purpose 360 Podcast is a masterclass in unlocking the potential of social purpose to ignite business and social impact. Hosted by Carol Cone, CEO of...
CARE News & Stories is where to find out what's happening around the world through vibrant, engaging stories that put humanity at the center. 👉 https...
Corporate governance, risk management, operational integrity, and regulatory compliance are demanding challenges that companies face in today’s ever...
