MetLife’s responsible investments seek to achieve a market financial return while considering social and/or environmental benefits that help create healthier communities and a more sustainable environment.
The New York City Department of Housing Preservation and Development (HPD) and New York City Housing Development Corporation (HDC) announced today the City’s Neighborhood Pillars Program with a $2 million commitment from the Wells Fargo Foundation. As part of Housing New York 2.0, the mayor’s plan to finance 300,000 affordable homes by 2026, the Neighborhood Pillars Program will help finance acquisition and rehabilitation of existing rent-stabilized and unregulated buildings to preserve affordability in neighborhoods across the city.
As the year draws to a close, Cone evaluated a year’s worth of purpose-driven news, activities, campaigns and announcements to bring you the top 10 trends of 2018.
The U.S. Agency for International Development (USAID) recently launched a new video that tells the story of how its local and international partners are developing a commercially viable, conflict-free supply chain for artisanal minerals from the Democratic Republic of the Congo (DRC). Tetra Tech is supporting the USAID Capacity Building For Responsible Minerals Trade (CBRMT) project to help scale-up conflict-free mineral certification and traceability systems in the region. View the video to learn more about how responsible mining is becoming a reality in DRC.
CSRHub is honored to once again have our metrics included in the Drucker Institute Management Top 250 Rankings this year.
The Drucker Institute has brought together five dimensions of corporate performance—Customer Satisfaction, Employee Engagement and Development, Innovation, Social Responsibility and Financial Strength—to create a holistic perspective based on Peter Drucker’s core principles.
Satya Tripathi joins CEOs and business leaders from North America’s most innovative, responsible brands to discuss how to lead the change to a sustainable future through investments, collaboration and innovation at Ethical Corporation’s Responsible Business Summit New York, March 18-19.
Ethical food sourcing company Coconut Merchant has signed on as Business Call to Action (BCtA)’s newest member, with a commitment to focus on sourcing food products from underserved communities and farmers in developing countries to provide sustainable income, and new routes for their products to international markets.
KeyBank provided and arranged a total of $17.4 million in Low-Income Housing Tax Credit (LIHTC) financing to Full Circle Communities for the construction of Selinon Park Apartments, providing 75 affordable housing units serving households that earn 30% and 60% area median income (AMI) in Portage, MI.
KeyBank Community Development Lending & Investment (CDLI) provided a $10.8 million construction loan to support the Jason Gwilt Memorial Senior Apartments, a converted public school in Verona, NY that will make 50 units of affordable seniors housing and a senior center available to the community.
Ecolab Inc. has signed an agreement to support Clearway Energy Group’s 419-megawatt wind farm, Mesquite Star, in Fisher County, Texas. Construction of the Mesquite Star wind farm is scheduled to begin in the first half of 2019. The renewable electricity generated under Ecolab’s 100-megawatt agreement is expected to cover 100 percent of the company’s annual domestic energy use and help reduce its greenhouse gas emissions 25 percent by 2020 versus a 2015 baseline.
KeyBank Community Development Lending & Investment (CDLI) has provided $21.9 million in total financing to Home Leasing, LLC for the historic preservation and creation of affordable housing in the former Holley High School in Holley, NY. KeyBank provided a $9.9 million construction loan, plus $6.8 million in Low-Income Housing Tax Credit (LIHTC) equity and $5.1 million in Historic Tax Credit (HTC) equity.
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