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.
In recent years, there’s been a lot of buzz, and skepticism, about Sweden’s efforts to move to a cashless economy. Other countries are following suit. In the place of physical cash, these economies are increasingly using credit, debit, and mobile payments for financial transactions. One central criticism of cashless economies is that the reliance on technology will exclude vulnerable populations – those who are most likely to be unbanked or have low digital literacy or technology access.
ABLE accounts allow eligible individuals in the disability community to build assets for today’s needs and invest for tomorrow. Monies placed into an ABLE Account permit a new way to save money without losing eligibility for certain means-tested benefit programs like Medicaid and Supplemental Security Income (SSI).
Communicating new topics to investors often requires new operational processes, personnel, and data; disclosure can work as an organizational forcing function. Corporations are wrestling with this in the context of sustainability and long-termism.
The interest from the investment community in ESG disclosures is growing at a rapid pace, with no sign of slowing down. The shift is requiring more parts of the organization to be involved, with levels of transparency being asked that simply wasn’t before. What do investors expect and how do all stakeholders push ESG disclosure forward?
MetLife Foundation and Visa Inc., with global nonprofit Accion and World Bank Group member IFC, announced the winners of the Inclusive Fintech 50, a competition launched in February to help early-stage fintech companies attract capital and resources to benefit the world’s 3 billion financially underserved people.
Fair Trade USA announced today that it will increase its minimum price and premium for cocoa by 20 percent as of October 1, 2019 to move farmers closer to a living income and reduce the extreme poverty and child labor that is prevalent in West Africa’s cocoa fields.
Consumer demand for healthier products continues to grow. With concerns ranging from the cost of healthcare to the effects of food and agriculture on climate change, consumers of all ages are opting for natural, organic and functional foods and beverages, nutritional supplements, natural medicines and other eco-friendly products from mission-based companies that share their values and address their concerns.
Wells Fargo is evolving its philanthropic strategy to help solve three pressing issues affecting individuals, families, and underserved communities across the U.S. — housing affordability, financial health, and small business growth — the company announced June 5.
Michael R. Bloomberg, the former mayor of New York City, will donate $500 million to a new campaign to close every coal-fired power plant in the United States and halt the growth of natural gas, his foundation said Thursday.
Cascale shares updates on its strategic partnerships with industry stakeholders geared toward shifting the industry into one that gives back more than...
Through our Goals That Inspire we strive to make a positive difference in our communities by relying on our ability to understand their needs and then...
We invent breakthrough technologies that enable life-changing products and experiences.We’re building on our legacy of technology leadership with 5G...
