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.
General wisdom - and the occasional ‘feel good’ stories covered by local news channels about corporations that went above and beyond to serve their local communities - tell us that a company garners a lot of goodwill when it champions local causes, fair business practices and responsible environmental stewardship… and now, a 2015 Community Involvement survey by Boston College’s Center for Corporate Citizenship shows that corporate philanthropy programs that include local community oriented development projects provide a huge boost to a corporation’s business goals.
What does biomimicry have to do with Green Money? Well, everything. Biomimicry is the conscious emulation of nature’s wisdom, a methodology that is based not on harvesting nature but on learning from nature. This approach is beginning to shape our cities, our companies, and our social sphere, and has profound implications for investing and for life.
Moving forward and advancing in the world is inevitable. The manual way of doing things is quickly being replaced with technology and with a more superior process. As companies find ways to enhance their capabilities in their global markets, they are quickly identifying what solutions are making their processes, with regard to world wide regulatory compliance, a much more manageable and streamlined practice.
In partnership with the Baltimore Orioles, Legg Mason has been a proud sponsor of Cardboard to Leather (C2L) since 2008 a collection drive for new or gently used sporting equipment for children in Latin American countries.
There are so many brilliant minds working to develop innovative solutions to improve conditions all over the world. But what separates the business ideas that are able to make an impact on millions of lives from the ones that may only reach a few hundred people is an ability to scale.
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