KeyBank’s Community Development Lending & Investment (CDLI) team has provided a total of $49.7 million in financing to a joint venture among Koelbel and Company, Mile High Development and Longs Peak Advisors to support the new construction of Eaton Street Apartments, a 118-unit affordable housing development in Westminster, CO. Specifically, KeyBank provided a $24.8 million construction loan, a $14.1 million LIHTC equity investment and a $10.8 million Fannie Mae permanent loan. Jefferson County Housing Authority is a Special Limited Partner.
The NeighborhoodLIFT program will offer homebuyer education plus $7,500 down payment assistance grants for all 33 New Mexico counties, through a $4.6 million commitment by Wells Fargo.
Wells Fargo today announced a total of $250,000 in donations for three local nonprofits to help revitalize Denver-Aurora neighborhoods through the Wells Fargo NeighborhoodLIFT® program.
As the World’s largest travel network, American Express has a deep understanding of the influence buildings and landmarks can have on society. And, as regular readers of my blog know, we have a long history of helping communities thrive through the power of preservation.
World Monuments Fund (WMF) announced today more than $1 million in funding to support disaster response and restoration efforts at Monte Albán Archaeological Site in Oaxaca, Mexico. The new project is the latest in WMF’s long history of supporting cultural heritage sites damaged or destroyed at the hands of natural disaster – beginning with the floods of Venice in 1966.
RWCI’s holistic cradle-to-career approach attacks the factors that can keep families poor, from lack of education, skills, child care, affordable housing and transportation to crime, mental health and substance abuse issues. A variety of agencies, including housing, social services and medical, as well as nonprofits and business leaders have footprints planted firmly in the effort.
Valvoline Inc. (NYSE: VVV), a leading worldwide supplier of premium branded lubricants and automotive services, today released its 2017 Corporate Social Responsibility Report (CSR). The foundational pillars of corporate social responsibility at Valvoline™ continue to center on its “People, Product and Planet” approach with a strategic focus on achieving greater impact in the areas of citizenship, sustainability, and diversity and inclusion.
When Common Impact’s clients ask me what events they should attend to understand the next generation of CSR, employee engagement and for-purpose business, I always point them to the Shared Value Initiative (SVI). SVI held its annual summit this past week in the (finally sunny!) downtown NYC, where hundreds of business, investment and social sector professionals met to hear and discuss the latest in driving a social, environmental and financial bottom line at once.
Caterpillar Inc. (NYSE: CAT) is illustrating how it’s helping customers build a better world in the company’s recently published 2017 Annual Report and Sustainability Report.
At the Shoptalk retail show in Las Vegas, Narayan Iyengar, SVP, digital and ecommerce for Albertsons Companies, explained that the company can’t “out-Amazon Amazon.” Instead, Albertsons plans to focus on highlighting its ties to local communities.
Trane Technologies is a global climate innovator with a clear purpose to boldly challenge what’s possible for a sustainable world. See how embedding...
The business landscape is reorienting itself and you can almost hear priorities shifting toward change-readiness and the bigger picture. And in this...
