affordable housing

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.

Republic Services and Habitat for Humanity of Denver Dedicate Affordable Homes to Local Families

Company invests $250,000 and more than 75 employee volunteers to help make affordable homeownership possible for local families
Press Release

DENVER, March 1, 2018 /3BL Media/ – Republic Services partnered with Habitat for Humanity last year to help build and revitalize neighborhoods in communities across the country, one of those communities being Habitat for Humanity of Metro Denver’s Sheridan Square. The local partnership includes a powerful combination of volunteer hours and financial support to help build a total of 16 new homes and to develop a community park.

Wells Fargo Donates $250,000 for Nashville-Area Revitalization Efforts

Local NeighborhoodLIFT grants support affordable housing, health and wellness
Press Release

NASHVILLE, Tenn., February 13, 2018 /3BL Media/ - Wells Fargo & Company (NYSE: WFC) today announced a total of $250,000 in donations for two local nonprofits to help revitalize Nashville neighborhoods through the Wells Fargo NeighborhoodLIFT® program.

Identified in collaboration with the city of Nashville, the Wells Fargo grants will provide support for new construction of affordable housing as well as for health and wellness.

KeyBank Provides $14.9 Million in Financing for Affordable Housing Acquisitions

Press Release

CLEVELAND, February 6, 2018 /3BL Media/ - KeyBank Real Estate Capital has provided a total of $14.9 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 three affordable housing properties in North Carolina, Texas and Wisconsin.

KeyBank Provides $3 Million in Financing for Ammon Affordable Housing Property

Press Release

CLEVELAND, February 1, 2018 /3BL Media/ - 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.

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