Community Development

KeyBank Community Development Lending & Investment (CDLI) has provided $17.4 million in total financing for the construction of Hammock Ridge II in Spring Hill, FL. Key provided a $13.7 million construction loan and a $3.7 million Freddie Mac Low-Income Housing Tax Credit (LIHTC) Forward Commitment.

Common Impact, a national nonprofit that pioneered corporate skills-based volunteering is expanding its leadership team and introducing new regional models to meet the growing demand of companies who are integrating social and environmental outcomes into their core business practices. Skills-based volunteering has risen in popularity, with CECP research reporting that now more than 54% of companies host a formal program. Companies use skills-based volunteering to engage and develop their employees, who are demanding that social impact be a day to day part of their work.

For the 11th consecutive year, NRG Energy, Inc. (NYSE:NRG) employees took to the communities where they live and work to volunteer in the name of “positiveNRG week,” the company’s annual week of volunteering. This year’s efforts resulted in nearly 1,000 NRG employees across 16 states volunteering nearly 5,000 hours to 71 charities and nonprofits.

The Benevity Engagement Study, an analysis of the link between participation in corporate Goodness programs and employee retention, found that turnover dropped by 57 percent in the employee group most deeply connected to their companies’ giving and volunteering efforts.

Wells Fargo & Company (NYSE: WFC) publicó hoy su Informe de Responsabilidad Social Corporativa 2017, en el que se detallan los importantes progresos realizados por la compañía el año pasado para abordar desafíos sociales, económicos y ambientales a través de la filantropía, las operaciones, y los productos y servicios. En el informe, Wells Fargo también refuerza su mayor compromiso con las inversiones comunitarias que apoyan el crecimiento económico, la recuperación y la sostenibilidad, incluida una promesa de donar $400 millones, o más de $1 millón al día, a organizaciones sin fines de lucro en el 2018 (en inglés).

Sodexo, a food services and facilities management company committed to improving Quality of Life and student nutrition to nearly 400 school districts throughout the U.S, recently hosted The Kitchen Wars Challenge for Lakewood High School students in Lakewood, New Jersey. Teams of seven submitted recipes to compete in the “At the Movies...” themed event. Chef G. Garvin joined Diane Piasentini, Kevin Campbell, and Laura Winters from the Lakewood Public School District (LPSD) to serve as guest judges to determine the best team based on taste, presentation from the students, plate appearance, recipe knowledge and decor of their station.

Just in time for summer, a celebration will be held today to commemorate the grand opening of the SC Johnson Community Aquatic Center, the first aquatic center to be developed in Racine County, located in Racine’s Pritchard Park. The Aquatic Center is funded by a $6.5 million donation from SC Johnson, and will open to the public June 2.

Wells Fargo Housing Foundation's VeteranWINS program addresses veteran homelessness and sustainable housing

Duke Energy is expanding its investment in local students and workforce development by funding 36 education and training programs – totaling nearly $600,000 – in southwest Ohio and Northern Kentucky. The grants, which are administered by the Duke Energy Foundation, will benefit and enhance educational programs focused on science, technology, engineering and math (STEM), childhood reading proficiency and workforce development.

Every year on Comcast Cares Day, our employees get their hands dirty to give back to their communities – and this year was no exception. At so many of our 1,200 community service projects that were part of our 17th Comcast Cares Day, our employees and other volunteers – a record 115,000 turned out – worked to make a positive impact and inspire environmental responsibility in all we do.