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.
Scotiabank is pleased to announce it received a grade of A- for the second consecutive year from CDP (formerly known as the Carbon Disclosure Project) in recognition of its strong management of climate-related issues and transparency in its disclosures.
“The Office of the Comptroller of the Currency (OCC) is taking important steps to support the stability of banks to address the rapidly growing climate risk.
KeyBank recently announced a $300,000 donation to the University of Colorado Leeds School of Business Office of Diversity Affairs in support of the school’s diversity, equity and inclusion efforts.
In June 2020 PNC made a $1B commitment to help challenge systemic racism. We’ve made significant progress in carrying out that commitment. As of November 30, the Community Development Banking team has issued $339M in loans and investments.
FedEx Corp. today received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop, the new electric delivery and logistics business from General Motors (GM).
The financing provided for over 6,000 units of new & preserved housing for low- & moderate-income people. In addition, over 6 loans & investments went to development projects that will provide jobs & services for communities in the Bank’s footprint.
We are excited to donate $10,000 to FIRST through sponsorship of a team at the 2021 First Robotics competition and contributions for every response we received from our ESG Readiness Quiz!
KeyBank is investing $75,000 in Syracuse-based nonprofit Home HeadQuarters to support its efforts to provide safe and affordable housing through the work of its construction and maintenance crew Opportunity Headquarters.
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