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.
Republic Services of Oregon announced today the results of a study of its annual economic impact in the state. The study measures the direct and indirect economic impact of the Company’s subsidiaries and operations statewide in 2016, including tax revenues, payroll expenditures and supplier purchases, as well as multiplier effects when income is reinvested into the local economy.
Today, 36 institutional investors with over $813 billion in assets and a network of major businesses with over $400 billion in revenue, called on the Trump administration to not weaken the current light-duty vehicle fuel economy and greenhouse-gas emissions standards. The ask comes in the form of a Washington D.C.-focused ad blitz as well as letters to the U.S. Environmental Protection Agency.
No city, no matter how appealing in the short term, should want to have its future rest in the hands of one company, as many “company towns” have learned over the ages.
Visa’s commitment to transparency in political disclosures has led to the company being named a “Trendsetter” on the 2017 CPA-Zicklin Index of Corporate Political Disclosure and Accountability, one of the most comprehensive rankings of the political disclosures and accountability practices of leading public companies in the U.S.
Bechtel is building Edmonton’s Valley Line light-rail transit extension, the largest infrastructure project undertaken by Alberta’s capital city in Canada. It will expand the commuter-rail system by eight miles (13 kilometers), linking the urban center to distant suburbs across the Saskatchewan River. Edmonton has committed to reducing its carbon footprint by 111,000 tons per year by purchasing renewable energy, which will provide electricity from cleaner sources to power the trains.
Sustainability Joins the Mainstream - Thanks to vocal consumers, shareholders and responsible investment firms, a growing number of companies are now promoting their sustainability, workplace and other social achievements as essential aspects of their brands. At the same time, many corporate leaders have come to realize that pursuing social responsibility can reduce litigation and reputational risk, while also improving innovation and efficiency. In addition, recent academic studies have demonstrated that investing in companies with strong ESG profiles can improve portfolio returns.
Rene Geneva has worn multiple (and stylish!) hats over the years. We have benefitted from Rene’s generosity since the late 2000s and now that she is starting her own Indiegogo Campaign, she is once again investing in a future without poverty through Whole Planet Foundation.
The Points of Light Civic Accelerator – the first national accelerator dedicated to investing in civic ventures – announced today the 12 ventures selected to participate in its fall 2017 program. The ventures come from across the United States a
For the 13th consecutive year, Duke Energy has been named to Site Selection magazine's annual list of "Top Utilities in Economic Development." In the magazine's September edition, it credits Duke Energy's economic development team and its successful collaboration with state and local partners for delivering more than $4 billion in capital investments and more than 14,000 new jobs in 2016. Duke Energy has been featured on the list every year since 2005.
New research demonstrates the long-term impact of skills-based volunteering (SBV) on the social sector. As highlighted in our article, The Promise of Skills-Based Volunteering featured in Stanford Social Innovation Review's Fall 2017 issue, Common Impact embarked on a study to quantify the longitudinal impact of SBV on the social sector and heard first-hand about the transformational impact from our nonprofit partners. We reached out to over 400 nonprofits across 21 cities and across various mission areas who have participated in one or more projects with Common Impact. The results represent two decades of data that demonstrates the immediate, positive outcomes of these engagements on the social sector.
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