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.
Calling all women entrepreneurs! In celebration of International Women’s Day, Visa (NYSE: V) today reinforced its dedication to women empowerment with the launch of the first Visa Everywhere Initiative: Women’s Global Edition.
The United States Department of State's Bureau of Oceans and International Environmental and Scientific Affairs has funded the World Environment Center to promote environmental governance through improved practices and technologies in Morocco and Jordan. The purpose of this initiative is to strengthen environmental governance that will lead to the adoption of improved environmental practices, technologies, and services, particularly in addressing air pollution, water and waste management challenges. WEC has partnered with EDI Consulting in Morocco and Water and Environment Center/Cleaner Production Unit at the Royal Scientific Society in Jordan to provide their on-the-ground knowledge and support to achieve project objectives.
The milestone investment will be additive to The Scotiabank Women Initiative, which helps women with access to capital, support from senior business leaders, and education tailored to their needs.
We all want to make a difference in our communities, and the wider world around us. We see daily evidence of the real and insidious problems that we face as a society. Hunger. Poverty. Homelessness. Civil rights violations and abuses. Health crises. Ever-diminishing natural resources. This can be a very depressing list so I won’t make it exhaustive. Yet in the face of this much turmoil, when I think of problems our society faces, I’m not disheartened. In fact, I am hopeful.
VMware pioneers solutions that help build a low-carbon economy that’s radically more efficient. By creating advanced technology, we break down barriers to enable low-carbon growth with the potential to transform how businesses, governments and communities meet their energy needs. Our long-term focus is changing the world’s relationship with energy and how we use it. That starts with creating solutions that reduce carbon emissions at system, project and local levels and finding ways to bridge all three.
Amplifying this year’s Prosperity Campaign, suppliers to Whole Foods Market in our top giving levels are donating $1.05 million to fund 31,550 opportunities for low-income entrepreneurs around the world to change their own lives.
Xylem Inc. has announced execution of its new $800 million Senior Unsecured Revolving Credit Facility. With this transaction, Xylem has replaced its five-year $600 million revolving credit facility, while adding a sustainability-linked pricing mechanism to the new facility. The deal is one of the first sustainable improvement loans in the U.S. and the first in the General Industrial Sector. The interest rate is index-linked to Xylem’s overall sustainability performance as rated by Sustainalytics, a leading independent global provider of environmental, social and corporate governance (ESG) ratings. Improvements in Xylem’s sustainability performance will reduce interest rates under the facility.
The Scotiabank Women Initiative was outlined during a luncheon hosted by Scotiabank on Friday at the Holiday Inn in Oakville and attended by some 50 people.
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