Philanthropy

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.

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.

Adam Augustine makes a beeline through the Kohler Design Center to his favorite display where he delights in pressing each button to turn on the showerheads. It's not surprising that kids—and people of all ages actually—get a kick out of this hands-on interaction. However, it was unexpected that a KOHLER® product would help open a door to communication for this young boy.

The brightest night in the city once again raised a total of more than $100,000 for communities in Honduras, Nicaragua and Dominican Republic. The Glow Run, a 5k run and fundraising event, united more than 12,000 Gildan employees and their families at the end of 2017 to celebrate a night of physical activity and entertainment in support of their communities.

Plano-based Alliance Data was approached by the North Texas Food Bank three years ago to offer support to their not-yet-announced capital campaign to expand its services and build a new distribution center. The company committed $2.5 million to the campaign, specifically for the center, which will allow the agency to focus not just on food, but on nutritious food from a facility in the heart of Plano, home of Alliance Data's corporate headquarters.