As the world grows ever more connected, access to financial tools has expanded dramatically. Today, 79% of adults worldwide have a bank account, an increase from 51% in 2011. This is a remarkable gain.
KeyBank’s Community Development Lending and Investment (CDLI) group announced it will provide a total of $17MM to the Housing Authority of Jackson County (HAJC) to help develop 53 units of affordable housing for singles, couples, families and veterans making 50 percent of area median income. The development, named Patriot Station, is located in in White City, Oregon. Patriot Station participates in the VASH program, a HUD Housing Choice Voucher program that supports vulnerable, chronically homeless veterans. KeyBank provided a $9.3MM equity investment, facilitated by Beth Wirtz of Key Community Development Corporation (KCDC), and a $7.7 MM construction loan, facilitated by CDLI’s Aubre Dickson.
Microfinance in India traditionally involves providing small loans to a group of women who are required to cross-guarantee each other, and to attend weekly group meetings to make cash repayments.
Ingersoll Rand engineers, lab technicians, human resources representatives, sales team members and procurement leaders celebrated 2015 National Engineers Week by hosting “Bring Your Future Engineer to Work Day” at the company’s campus in Davidson, North Carolina.
Sponsored by the Ingersoll Rand Foundation and the company’s power tools business, the Real Tools for Schools Program makes grants of up to $10,000 available to as many as 50 high school automotive technology vocational programs.
The U.S. Department of Energy’s Better Buildings, Better Plants Program is working with leading manufacturers to improve energy efficiency in the industrial sector, and Ingersoll Rand has met its goal.
Okeo Institute, the advisory organization to the EU on RoHS exemptions, released a report last week advising against granting an exemption for the usage of cadmium quantum dot (CdQD) technology in LED displays.
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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...