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.
The journey for a company to deliver a long-term plan to institutional investors just became clearer with the release of a new white paper by CECP’s Strategic Investor Initiative (SII). The paper, Method of Production of Long-Term Plans, offers a behind-the-scenes look at why the CEOs of some of the world’s largest companies delivered long-term plan presentations to investors, what inputs they considered in creating the presentations, and who was involved and how the internal teams aligned and prioritized data.
As is usually the case with disruptive new technology, blockchain comes with a lot of hype. While its best-known application, bitcoin, divides opinion and makes banks and governments nervous, the technology may have great potential to advance social good.
For the past couple years, we've spoken about the changing dynamics of workplace giving over the last decade and how America’s Charities has embraced that evolution, taking proactive steps to guide our stakeholders into the new era. In 2017 and through 2018, we continued to test and refine new approaches that pave the way for others in our industry to follow - and our efforts have proven fruitful. We have succeeded in our ongoing commitment to bring more resources to the nonprofits changing our world.
Investing in Society, CECP’s recently launched and updated compendium of data, research, and case studies illustrates innovations in corporate efforts to solve the world’s most pressing problems. Divided into five sections – Priorities, Performance, People, Planet, and Policies – the collection of insights offers a far-reaching assessment of what leading companies are doing in each of the five focus areas.
FCA US announced today that it has added a student loan refinancing program to its package of benefits offered to salaried employees. The program is being offered in partnership with CommonBond For Business, the student loan benefits platform from financial technology company CommonBond. FCA US salaried employees with student loan debt, as well as employees with federal government-backed Parent PLUS loans, are now eligible to refinance these loans through the program with preferred terms.
KeyBank announced today $50.4 million in total combined financing for a tax-exempt bond transaction to support Koelbel & Company’s construction of Diagonal Crossing. Diagonal Crossing is a 105-unit garden-style apartment community that is income-restricted for families earning at or below 60% AMI in Boulder, CO.
KeyBank announced today $37.1 million in total combined financing to support the refinancing of Castilian Apartments in Orlando, FL by Dominium, one of the largest affordable housing development and management companies in the United States.
KeyBank Community Development Lending and Investment (CDLI) provided $70 million in combined construction and permanent loan financing to AVS Communities for the Reserve at Lacey, a 241-unit affordable housing property serving seniors aged 55 or older who earn 60% of the area median income (AMI). Reserve at Lacey is in Lacey, WA.
KeyBank Community Development Lending and Investment (CDLI) recently closed $24.5 million in total financing for the Gilbane Development Company’s acquisition and renovation of two New York City Housing Authority (NYCHA) properties, Highbridge Franklin and Twin Parks West, to preserve 647 units of permanent affordable housing in the Bronx, NY.
Cascale organizes and participates in a series of events, leveraging its position as a global convener of close to half the sector to bring together...
Cascale shares updates on its strategic partnerships with industry stakeholders geared toward shifting the industry into one that gives back more than...
Through our Goals That Inspire we strive to make a positive difference in our communities by relying on our ability to understand their needs and then...
We invent breakthrough technologies that enable life-changing products and experiences.We’re building on our legacy of technology leadership with 5G...