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.
Only one month remains of 2018, but we are feeling invigorated after an eventful three months since our last News Bite and looking forward to the year ahead! Important themes for us over the past few months have been human rights, women's economic empowerment and digitalisation. Read more below about activities in these areas - and thank you to all of you who participated in and supported them. Looking forward, we're also really excited to share the findings of our State of Inclusive Business Survey - more on this below.
KeyBank provided and arranged both construction and permanent financing to support the Senior Housing Assistant Group (SHAG) with the acquisition and rehabilitation of Sunset Garden Apartments, an affordable seniors housing property serving those aged 62 or older in Puyallup, WA.
KeyBank provided and arranged both construction and permanent financing supporting AVS Communities’ plan to construct The Villas at Arlington, a 312-unit, mid-rise apartment complex with 17 three-story residential buildings. The property is subject to Section 42 of the Low-Income Housing Tax Credit (LIHTC) program and will make affordable housing options available to families earning less than 60% area median income (AMI) in Arlington, WA.
Innovation and investments worth trillions of dollars in landscape restoration, climate adaptation and science-based policy advice will be needed if the global community is to meet the escalating threats posed by climate change.
Curtis Ravenel, Global Head, Sustainable Business and Finance, Bloomberg LP and SASB Foundation Board Member recently talked to SASB about Bloomberg's leadership in the space, our role in bolstering the adoption of SASB standards, the value of SASB standards in the European market, and the harmonization of SASB with the framework put forward by the FSB Task Force on Climate-related Financial Disclosures (TCFD).
Moody’s will support “Accelerate Women’s Entrepreneurship: Supporting Migrant Women-Owned Businesses,” a Shanghai-based program helping migrant women grow their businesses through a tailored training program of coaching and networking.
Social activism has transformed America over the past two years. From the Women’s March to the NFL; from Net Neutrality to hurricane relief. And the sort of activism Americans are demonstrating has moved beyond marches, social media hashtags, and town hall meetings—it has entered the workplace.
Bloomberg will convene the first ever Sustainable Finance Week in New York City December 3-7 to accelerate the adoption of sustainable finance practices. Anchoring Sustainable Finance Week is the Bloomberg Global Responsible Investing Forum powered by Nuveen, an organization with over five decades of responsible investing leadership.
Institutional investors act when they hear how companies will create value over the long-term. In a new study, The Economic Significance of Long-Term Plans published by KKS Advisors and CECP’s Strategic Investors Initiative (SII), an abnormal change in market returns and an increase in trade volume is observed after that company’s CEO presented a long-term plan to institutional investors. This is the first time the reaction to a CEO-presented long-term plan has been quantified and is early evidence that the audience of institutional investors find the information in these presentations decision-relevant.
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...