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.
Inclusive employment is a team effort between the person, their parents, residential specialists, employment specialists, and businesses. In this blog post, we’re going to focus on teamwork between employment specialists and residential specialists.
JPMorgan Chase & Co. and Bloomberg Philanthropies today announced $7.5 million to expand young people’s access to economic opportunity in New Orleans. As growing industries in Greater New Orleans require a more skilled workforce, these grants are designed to dramatically increase the number of young people graduating from the city’s public high schools with opportunities to secure well-paying, high-demand jobs.
Today’s business leaders are redefining business success by how their companies work and impact society, driving the need for a deeper understanding of the relationship between environmental, educational and economic demands.
Vancity’s 2015 Annual Report, Strong foundations for a sustainable future, documents the credit union’s sound financial position and unique relationships with local communities. The integrated annual report can be viewed at annualreport.vancity.com.
When was the last time you sent someone a letter in the mail? Has it been a while? By contrast, when did you send your last email just by pushing a button? Technology and its ability to automate routine tasks is not only changing our lives, but also transforming the way we support meaningful causes. Writing a check is like writing a letter when there’s email. It’s wildly less efficient than using electronic payments. The global movement toward electronic payments is far more than just a “flavor of the day.” According to the latest survey done by the AFP (Association of Finance Professionals), 80% of North American companies are transitioning their B2B payments from paper checks to electronic payments, and several large countries have already ceased using checks completely.
KeyBank today reaffirmed its commitment to helping communities thrive in Western New York with several major philanthropic announcements for Buffalo. KeyCorp Chairman and CEO Beth Mooney said today’s announcements are further examples of KeyBank’s investment in New York as part of the pending merger with First Niagara Financial Group.
We recently asked the Seidman Research Institute at Arizona State University to assess our economic impact. Researchers evaluated operations, payroll, purchases, and taxes, as well as secondary economic effects like consumer goods, services and the housing market.
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