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.
Alzheimer’s disease is the sixth leading cause of death in the United States, yet it is the only cause of death among the top 10 in America without a way to prevent, cure, or even slow its progression. It is an irreversible degeneration of the brain that causes disruptions in memory, cognition, personality, and other functions and inevitably leads to death. More than 5 million Americans aged 65 and older are thought to have Alzheimer’s disease. This number is set to grow dramatically, as baby boomers are turning 65 at a rate of 10,000 people per day. By 2025 that number will likely be 7 million, and it will rise to nearly 14 million people living with Alzheimer’s by 2050.
The Global Sustainability Standards Board (GSSB), an independent standard-setting body created by GRI, approved plans to transition the GRI G4 Guidelines to GRI Sustainability Reporting Standards (GRI Standards).
The World Federation of Exchanges (WFE) issued new guidance on sustainability disclosures. Thirty-three specific KPI's are included in the recommendations. Mindy Lubber, President of the advocacy organization Ceres, issued a statement on the WFE launch.
"Imagine the scenario. A large multinational with a secure market position, steady cash flows and a healthy balance sheet suddenly and unexpectedly gets news of a regulatory change that will have a significantly negative impact on its business. Almost overnight the company is forced to write off millions..."
A unique financial collaboration is deploying $100 million in new capital to improve health and expand housing opportunities in low-income communities.
Here is why I was as excited as every kid dressed up in a Halloween costume this past Saturday who realized the house on the corner was giving out king-size candy bars: this stadium is aiming to be the world’s first LEED® Platinum professional sports stadium. And I can take public transportation to it. Dang I live in a cool city.
Today, Cox Enterprises released the results of the second annual Cox Conserves Sustainability Survey, which showcased that Millennials will lead the way for small and medium businesses in future conversations and efforts around conservation, energy efficiency and environmental stewardship. The survey, commissioned by Cox Enterprises, is a national study that examines sustainability opportunities and challenges for small and medium-sized businesses (SMBs).
A nonprofit in Jackson, Mississippi, will use a $2 million grant from Wells Fargo to support commercial lending, outreach, and technical assistance programs for minority- and women-owned and led small businesses.
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