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.
We joined the Barclays Accelerator programme because we knew we could learn so much from them. There was no point just staying on our start-up island, and dreaming up fancy visions, we needed to get out of our comfort zone and engage with the big players in the market. It was important to us that we had our methods challenged by the bank. That’s how we created the magic.
This #GivingTuesday Orbis encourages supporters to give the gift of sight by participating in our matching challenge. One of our generous donors has agreed to match all #GivingTuesday donations up to $25,000. Funds will support our vision restoring work in places like Bangladesh, where four-year-old Halima had two cataracts removed by an Orbis-trained surgeon.
Giving the perfect gift is hard. Gifts are stressful, both for the giver and the receiver; it’s hard to know exactly what someone will want. But a donation to Feeding America is the perfect solution.
Today, and every single day, 43 families will hear the devastating news that no parent should hear: their child has cancer. At CureSearch, it is our goal to protect the future of those children diagnosed with cancer by delivering better, less-toxic treatments NOW.
On #GivingTuesday we will ask a supporter to donate $5 to our cause and then post about the donation to their social media, tag five of their friends, and ask them to match the gift.
#GivingTuesday is November 28th, and we have something super in store for 2017’s global day of giving. This year, we’ll harness the power of our GKTW Family and social media to make our greatest impact to date.
Customer centricity is a win-win strategy no matter who your clients are; but for institutions looking to serve financially vulnerable populations around the world, such wins can have a tremendous positive impact on the economic livelihoods and future prosperity of their customers. To help these organizations overcome the challenges of modernizing strategies to be more customer-focused, The Consultative Group to Assist the Poor (CGAP) – an initiative of the World Bank, and MetLife Foundation partner – looks to thought leaders in the field, like MetLife, to share their expertise.
In the US, and throughout the globe for that matter, the private sector is increasingly being looked to as a source of leadership for combating climate change. And many companies are stepping up, especially with the lack of leadership coming from Washington.
Many of our greatest memories are made with the children in our lives, whether it be our children, nieces, nephews, or grandchildren, center around the holidays; there is something truly magical about this time of year. Unfortunately, some families only have a limited time to make incredible memories with the children in their lives, since many children are fighting a critical or chronic illness.
KeyBank Community Development Lending & Investment (CDLI) has provided a total of $8.3 million in 9% LIHTC financing to The Model Group, Inc. and Over-the-Rhine Community Housing, Inc. (OTRH) for the acquisition and renovation of Morgan Apartments, a 48-unit scattered site, affordable multifamily housing project in Cincinnati, OH. KeyBank arranged a $7.8 million construction loan and a $450,000 permanent loan, using the FHLB of Cincinnati’s Community Investment Program (CIP).
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