For Heather Dirk at U.S. Bank, housing affordability — whether it’s a person’s first time purchasing a home or looking for a new home for a growing family — is always top of mind.
KeyBank CDLI) provided a $4 million construction loan, $6.3 million in Low-Income Housing Tax Credit (LIHTC) equity and arranged permanent financing with a $10.1 million Freddie Mac TEL for the acquisition and rehabilitation of Salem Manor, an existing family affordable housing.
KeyBank has been recognized by the Small Business Administration for the most small loans valued at $350,000 or less for fiscal year 2022 in Washington Congressional District 9. The award was presented at KeyBank’s Renton Highlands Branch in Renton, Washington.
A ribbon cutting on Tuesday June 11, 2023 signaled the completion of construction of True Bethel Commons in Niagara Falls, NY. KeyBank Community Development and Lending provided financing for the $15 million adaptive reuse of the vacant former historic Sacred Heart school.
As of July 7, 2023, the European Commission has closed the comment period of the standards developed for the Corporate Sustainability Reporting Directive (CSRD).
The EU Taxonomy came into effect on January 1, 2022; the classification system that indicates whether an activity or investment is sustainable. The aim is to make the economy more sustainable by redirecting cash flows to demonstrably sustainable activities.
MetLife’s General Account is a key to living up to our promises and our purpose. MetLife’s General Account, which totals over $400 billion dollars, is invested responsibly for the long term.
Following the successful opening of the Charleston Commercial Banking office last year, Fifth Third Bank, N.A., continues to increase its investment in South Carolina by offering full-service retail banking to the Lowcountry.
Initially seen as a cost centre for senior management and boards, how can sustainability be turned into a source of commercial value for the business? In what ways can chief sustainability officers communicate through the lens of profit and loss?
KeyBank Community Development Lending and Investment (CDLI) provided $9.9 million in low-income housing tax credit (LIHTC) equity to finance the conversion of the Margaret Wagner Senior Apartments in Cleveland Heights, OH to 80 low-income housing senior units (62+).
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