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.
Traditionally, banks manage localized financial risks their borrowers might face, but the impact of their lending decisions has significance on the climate, our ecosystems and overall planetary stability.
The Earth is a water world covered by vast oceans and a sheltering atmosphere. The sheer immensity of our oceans has made them appear impervious to man’s presence. But they are not.
Fifth Third’s Community Development & Social Responsibility group is also donating $150,000 in support of regional Bank On coalitions to boost awareness about the availability of Bank On-certified accounts in the communities the Bank serves.
The United Nations Sustainable Development Goals (UN SDGs) face a financing gap that has soared to up to US$100 trillion in the wake of COVID-19 and other urgent global challenges, according to a new report by Force for Good in collaboration with the UN and other organizations.
The shareholder value doctrine suggests that companies and their managers should only do something that’s good for society when it is simultaneously and demonstrably good for business. This belief is increasingly being questioned and challenged.
Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible community-dedicated bank with branch locations in New England and New York, announced that the Bank will lend and invest $5 billion over the next three years to help strengthen local communities.
The Verizon Foundation serves as an incubator for exploring how our technical and human resources can be applied in new ways to the practical concerns...
Diverse teams build better products — period. At GoDaddy, we make apps and services that our worldwide community of entrepreneurs can relate to. Our...