In its eighth year, the 2025 MK5K brought together hundreds of participants from coast to coast in a powerful show of unity and support for the Mary Kay Ash Charitable Foundation (MKACF) in Canada.
CITGO Petroleum Corporation is donating up to $6 Million to Rebuilding Together Houston with an immediate goal of repairing up to 300 homes in Houston.
Our oceans program, like all of our work at Bloomberg Philanthropies, aims to ensure better, longer lives for the greatest number of people. So it’s good news that the United Nations International Coral Reef Initiative has declared 2018 the International Year of the Reef. Coral reefs are home to one in every four fish in the ocean, and are a critical backbone of ocean ecosystems. Unfortunately, climate change threatens to destroy 90 percent of reefs in the next three decades.
Citi Community Development, the City of New York, and National Disability Institute (NDI) announced the launch of Empowered Cities (www.empoweredcities.com), a new national initiative enabling municipalities to expand financial empowerment and economic inclusion for people living with disabilities and their families.
KeyBank Community Development Lending & Investment (CDLI) has provided a $3 million construction loan with 9% LIHTC financing for the acquisition and rehabilitation of Peterson Park, an existing 39-unit USDA Rural Development affordable housing property, located in Ammon, ID, that will add one additional unit upon renovation. The property is comprised of five, two-story buildings, with units reserved for tenants earning between 30-60% area median income (AMI). The project will benefit from a Rental Assistance Contract for all 40 units.
KeyBank Community Development Lending & Investment (CDLI) has provided an $8.5 million construction loan and $10.5 million in 9% LIHTC equity for the development of Renton Commons, a 48-unit affordable housing project with 36 units of permanent supportive housing, located in Renton, WA.
CITGO Petroleum Corporation is donating up to $6 Million to Rebuilding Together Houston with an immediate goal of repairing up to 300 homes in Houston’s Independence Heights community over the next three years, in addition to longer-term recovery efforts. The partnership is part of the CITGO Fueling Good. Rebuilding Lives. initiative, which is dedicated to recovery in the wake of Hurricanes Harvey, Irma and Maria.
Through the Major League Baseball Players Association’s collective charity, the Players Trust, players have become increasingly active as ambassadors of baseball around the world.
CMT and Louisiana’s own country star Courtney Cole will soon rule the road in the first-ever statewide “Empowering Education” tour. CMT revealed dates for a series of eight free concerts today via Facebook, which officially kick off March 5 in Bossier City, La. The “CMT Empowering Education Tour of Louisiana” is hosted in partnership with local education and nonprofit groups Louisiana Community and Technical Colleges System (LCTCS) and Louisiana Calling. The tour was first announced last fall, and is part of a larger initiative that seeks to bring awareness to educational opportunities and increase the number of work-ready residents in the state.
iCause is a global marketplace for cause - the first of its kind. The focus of iCause is to make an impact and build communities, with engagement and incentives for individuals, nonprofits, educational institutions, Corporate Social Responsibility (CSR) companies and philanthropists.
Citi Community Development announced today a $2.6 million investment to support free tax preparation services for eligible workers in major cities and regions across the country. Launched on National Earned Income Tax Credit Awareness Day, the investment will support municipal efforts to expand awareness, access and capacity of Volunteer Income Tax Assistance (VITA) sites during the 2018 tax season. Citi Community Development’s investment aims to help local organizations complete over 230,000 tax returns, resulting in approximately $191 million in tax refunds during the 2018 tax season. Citi also announced that volunteers from the bank will serve as tax preparers in VITA sites across the New York City region.
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Highlighting the top news, commentary, and research for the week coming from SHQ. The highlights newsletter also spotlights one profiled organization...
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