affordable housing

KeyBank Provides a Total of $49.7 Million in Financing for Colorado Affordable Housing Development

Eaton Street Apartments will help revitalize the neighborhood and provide critical, quality affordable housing for low-income families
Press Release

CLEVELAND, May 16, 2018 /3BL Media/ — KeyBank’s Community Development Lending & Investment (CDLI) team has provided a total of $49.7 million in financing to a joint venture among Koelbel and Company, Mile High Development and Longs Peak Advisors to support the new construction of Eaton Street Apartments, a 118-unit affordable housing development in Westminster, CO. Specifically, KeyBank provided a $24.8 million construction loan, a $14.1 million LIHTC equity investment and a $10.8 million Fannie Mae permanent loan. Jefferson County Housing Authority is a Special Limited Partner.

Wells Fargo Donates $250,000 for Denver-Aurora Stabilization Efforts

NeighborhoodLIFT grants support affordable housing, housing counseling, behavioral health
Press Release

DENVER, May 15, 2018 /3BL Media/ – Wells Fargo & Company (NYSE: WFC) today announced a total of $250,000 in donations for three local nonprofits to help revitalize Denver-Aurora neighborhoods through the Wells Fargo NeighborhoodLIFT® program.

Identified in collaboration with the city of Denver and city of Aurora, the nonprofits support behavioral health programs and affordable housing initiatives.

Strengthening Communities: Vancity Publishes 8th Integrated Annual Report

Article

Vancity’s latest integrated Annual Report, Strengthening Communities, shows how Vancity exists solely for the benefit of our members and the communities in which they live and work. It can be viewed at annualreport.vancity.com.

Citi Releases 2017 Global Citizenship Report

Article

Citi today released its 2017 Global Citizenship Report, highlighting efforts made in the last year to responsibly provide financial services that enable growth and progress. This report includes numerous examples of how, through our core business and with our philanthropic efforts, we are helping address complex and pressing issues such as global warming and social inequality.

KeyBank Provides $38.5 Million in Total Financing for the Construction of Affordable Housing in New York

Press Release

CLEVELAND, April 4, 2018 /3BL Media/ — KeyBank Community Development Lending and Investment (CDLI) has provided a total of $38.5 million to Ida Yarbrough Phase II LLC, an entity owned by Albany Housing Authority (AHA), for the new construction of Ida Yarbrough Homes. The 76-unit, affordable housing property is located in Albany, NY and will set aside 12 apartments for households at risk for homelessness.

NeighborWorks America — Advancing Opportunity for All

Celebrating 40 years of helping millions with affordable housing and making homeownership a reality for Americans with low and moderate incomes.
Blog

Viewpoints’ invites guest authors from outside of Wells Fargo to share an important perspective related to their work. Today, we welcome Jeffrey T. Bryson, interim president and CEO of NeighborWorks America.

KeyBank Provides $23.7 Million in Financing for Affordable Housing Acquisitions in Texas

Press Release

CLEVELAND, March 26, 2018 /3BL Media/ — KeyBank Community Development Lending & Investment (CDLI) has provided a total of $23.7 million in Fannie Mae financing to Harmony Housing, a 501(c)(3) nonprofit organization dedicated to providing safe, clean and comfortable affordable housing throughout the United States, for the acquisition of two affordable housing properties in Texas.

Wells Fargo Donates $100,000 for Birmingham Revitalization Efforts

Local NeighborhoodLIFT grants support affordable housing, small business
Press Release

BIRMINGHAM, Ala., March 21, 2018 /3BL Media/ - Wells Fargo & Company (NYSE: WFC) today announced a total of $100,000 in donations for two local nonprofits to help revitalize Birmingham neighborhoods through the Wells Fargo NeighborhoodLIFT® program.

Identified in collaboration with the city of Birmingham, the Wells Fargo grants will provide support for small business and construction of new affordable housing.

Astellas Volunteers Restore a Home and Hope with People Attempting to Help (PATH)

Blog

Nine Astellas volunteers from the PCP/Specialty team helped to restore a home in Tyler, Texas. The team worked with PATH (People Attempting to Help) to support the organization’s Transitional Housing Program—designed to provide safe, decent and affordable housing to low-to-moderate income families in East Texas.

“PATH acquired a rental house, and it was in need of some TLC—this is where we came in to help,” said Matt Mercer, regional sales manager, PCP/Specialty, West. 

Sustainable Investing Challenge Expands Its Global Footprint

Blog

This year’s 8th annual Sustainable Investing Challenge has attracted the most geographically dispersed slate of finalists yet, with an equally diverse offering of investment proposals.

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