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.
As governments develop and enact wide-ranging policies and regulations to meet key emissions and finance goals by 2030, businesses across the globe are stepping up to the challenge and taking a leadership role in reducing GHG emissions. To learn more on this topic, read the new white paper, The Business of a Low-Carbon Future: Spotlight on Canada, based on content from the expert panel discussions at the Sustainable Business Summit: Toronto.
It started with a realisation. A mortgage is the biggest transaction of any person’s life, and no one was helping buyers to shop around. It’s madness. So we set about building a platform that empowers the user – and gets them the best possible deal.
Today, a main topic of discussion for many businesses is what it will take for society to transition to a low-carbon economy – and what role business can play. To shine a spotlight on this question, Bloomberg BNA released a report that captures the insights and different perspectives that were shared at the Bloomberg Sustainable Business Summit in Toronto this past September.
Next City today announced the launch of its newest editorial section, The Bottom Line, made possible with support from Citi Community Development. Through enterprise reporting, news coverage and op-eds written by public and private sector leaders, The Bottom Line will explore new and promising programs, partnerships, policies, technologies and financial tools emerging in response to increasing inequality, household financial vulnerability and other troubling economic trends affecting American cities. Visit The Bottom Line at nextcity.org/thebottomline.
For a growing number of women worldwide, particularly those in underserved communities, the road to economic empowerment starts with a mobile device. Women who have traditionally faced barriers to entrepreneurial success are discovering how they can use powerful, handheld devices and an internet connection to gain access to the business skills, technology, markets, networks or capital they need in order to participate in the global economy and improve their lives.
The pull from institutional investors for sustainability has virtually doubled since 2012. In this article, Eurosif's Executive Director Flavia Micilotta discusses the trends and challenges of SRI, and issues recommendations for creating a sustainable financial policy framework.
The town of Cabeza de Toro sits about five hours south of Lima, in the agricultural heart of Peru. For the past decade, this agricultural center has been home to the Manantial de Vida (Spring of Life) Dairy Services Cooperative. Today, this farmer-owned cooperative produces and collects milk to feed Peru’s growing population, while simultaneously providing dairy farmers in the region with a viable income.
Most bankers, economists and investors after a couple of drinks, will admit that money is not wealth. Money is a metric, like inches and centimeters, for tracking real wealth: human ingenuity and technological productivity interacting with natural resources and biodiversity undergirding all human societies along with the daily free photons from our Sun, as described in "Valuing Today's Circular Services Information Economies".
Last year, as Coastal Enterprises, Inc. (CEI) conducted a strategic review as part of its leadership transition, we found ourselves asking the same questions that were being asked across the country, on both sides of the political aisle. At the heart of those questions was the recognition that our economy is not working for everyone. And a major takeaway was that rural regions, gateway cities, and the people who live there were being left behind.
So, why create LOCUS now? We are living in times when more traditional public sources of community and economic development funding are challenged; many local governments are still struggling with revenue shortfalls and federal budget impasse seems like a perpetual state of affairs. In Don Macke’s words, “finding the financial resources necessary for community building is increasingly challenged; that is why I have come to believe that philanthropic impact investing represents such a promising solution”.
Empower by GoDaddy is GoDaddy’s global community and philanthropic program equipping entrepreneurs in underserved communities with training, tools and...
Cascale shares insights regarding policy and regulation impacting the consumer goods industry, and highlights how it's supporting members prepare for...
Periodically, CSRHub publishes new research regarding sustainability and corporate social responsibility. Most of the research is conducted by CSRHub...
Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
We are focusing on our people through strengthening our business by embracing our differences, doing the right thing when helping our communities, and...
Evolve with the Water IndustryPartner with Black & Veatch to make water supplies more resilient for providers, more affordable for customers, and more...
Cascale shares updates on its strategic partnerships with industry stakeholders geared toward shifting the industry into one that gives back more than...