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KeyBank provided and arranged both construction and permanent financing to support the Senior Housing Assistant Group (SHAG) with the acquisition and rehabilitation of Sunset Garden Apartments, an affordable seniors housing property serving those aged 62 or older in Puyallup, WA.
KeyBank provided and arranged both construction and permanent financing supporting AVS Communities’ plan to construct The Villas at Arlington, a 312-unit, mid-rise apartment complex with 17 three-story residential buildings. The property is subject to Section 42 of the Low-Income Housing Tax Credit (LIHTC) program and will make affordable housing options available to families earning less than 60% area median income (AMI) in Arlington, WA.
Institutional investors act when they hear how companies will create value over the long-term. In a new study, The Economic Significance of Long-Term Plans published by KKS Advisors and CECP’s Strategic Investors Initiative (SII), an abnormal change in market returns and an increase in trade volume is observed after that company’s CEO presented a long-term plan to institutional investors. This is the first time the reaction to a CEO-presented long-term plan has been quantified and is early evidence that the audience of institutional investors find the information in these presentations decision-relevant.
Latest from GRI in November: Read about new exciting cooperation projects and get inspired for the upcoming reporting season from SME reporting stories from Ghana.
Getting SMEs to participate in sustainability reporting is a challenge. The Global Reporting Initiative and the Swiss government embarked on an experiment to addresses this challenge in Ghana. By helping SMEs in Ghana to report for the first time, the experience showed that sustainability reporting can lead to clear business benefits for smaller companies in developing countries.
Environmental, social and governance (ESG) risks are now regularly evaluated an integrated into the business plans of leadership companies across industries, according to the latest report by the National Association for Environmental Management (NAEM).
On Tues., Nov. 20 Roadrunner Food Bank will hold a special holiday mobile food pantry distribution to provide food to low-income families and their children right before the Thanksgiving. The distribution will take place at the Cesar Chavez Community Center located at 7505 Kathryn Ave SE starting at 3 pm. It is estimated that more than 400 families will be provided food to take home and receive help with additional services also such as: assistance applying for SNAP (food stamp) benefits, flu shots and other health screenings, Medicare and Medicaid registration, information about housing services, adult literacy help and other services assisting low-income and at-risk people in the community.
In states where Key has a presence, there are approximately 1.7 million low- to moderate-income (LMI) households. Many LMI individuals don’t have bank...
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AEG embraces its responsibility to enrich the lives of people in the communities around the world where we do business, and to use business to create...
