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.
Despite gains in education and earnings, the racial wealth gap remains a deep issue in America. According to the Federal Reserve Board, Black Americans' net worth is 70% below that of non-Black households.
Northern Trust offers a suite of post-trade analytics services providing investors with insight and oversight of key ESG and climate-risk exposure detail.
The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector.
In this episode of Bloomberg Regulation Rundown, our new YouTube series on evolving financial regulations, Cinzia Chiriac, Bloomberg’s Head of ESG Regulatory Affairs, and Nadia Humphreys, Bloomberg’s Head of Regulatory and Climate Solutions, explain how green taxonomies work.
Bloomberg announced the launch of new green-tilted fixed income indices, which seek to increase weighting to green bonds in some of Bloomberg’s flagship indices such as the Global Aggregate, Treasury and Corporate Indices.
In this edition of the Insights Series, we look at the key themes in ESG reporting and the main responsibilities of those specialist functions across investment management, banking and insurance and private markets.
America’s housing affordability has severely deteriorated over the last two years. Mortgage rates reached a 23-year high this October, and the limited supply of homes for sale has kept a floor under home prices.
Johnny Opara started working with U.S. Bancorp Impact Finance in 2021 on a multi-family development project in St. Paul called The Hollows. Opara said he learned a lot from his first Low-Income Housing Tax Credit (LIHTC) deal.
Since the launch of the Subaru Share the Love Event in 2008, Subaru of America and our retailers have donated more than $256 million to charity, with...
