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.
America’s future depends on our ability to train future generations to fill necessary workforce positions, and to continue innovating so that American businesses can meet new challenges and open new sectors. Yet, our country is not producing enough college graduates to meet the growing demand – 16 million too few by 2025, according to the Kresge Foundation.
To address environmental, social, and governance issues effectively, CSR professionals today must look beyond their own operations and deep into their supply chain. How and where are materials sourced? How are the components of products developed? What are the environmental and human rights ramifications of those processes? Issues as serious as child labor, conflict minerals, and climate change can only be effectively tackled when a company’s commitments to corporate citizenship and reporting are adopted by their suppliers and partners.
Today, KeyBank announced it will provide $13.8 million to support the development of Bascom Village Phase I, a 53-unit affordable housing complex sponsored by the St. Vincent de Paul Society of Lane County (SVDP) in Eugene, Oregon. The loan will support underserved families working to get ahead in a volatile labor market, and highlights the importance of quality housing options during Housing America Month this October.
In the ramp-up to the Fall giving season, one way that progressive CSR teams are creating more impact in their employee programs is by using their grant budgets. Here’s how...
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...
