community development

KeyBank Arranges $28.4 Million in Financing for the Preservation of Affordable Housing in San Antonio

The preservation of affordable housing at White Rock Apartment Homes supports the City of San Antonio’s affordable housing initiatives
Press Release

CLEVELAND, January 10, 2019 /3BL Media/ - KeyBank announced today arranging $28.4 million in a Fannie Mae affordable housing preservation refinance loan for Commonwealth Multifamily Housing Corporation (“Commonwealth”) for the benefit of White Rock Apartment Homes, a multifamily, 336-unit mixed-income property in San Antonio, TX.

KeyBank Finances the Construction of Affordable Housing for Low- to Moderate-income Households in Portage, Mi

Press Release

CLEVELAND, December 19, 2018 /3BL Media/ — KeyBank Community Development Lending & Investment (CDLI) has provided $21.9 million in total financing to Home Leasing, LLC for the historic preservation and creation of affordable housing in the former Holley High School in Holley, NY. KeyBank provided a $9.9 million construction loan, plus $6.8 million in Low-Income Housing Tax Credit (LIHTC) equity and $5.1 million in Historic Tax Credit (HTC) equity.

KeyBank Provides $21.9 Million in Total Financing for Creation of Affordable Seniors Housing in Holley, NY

Press Release

CLEVELAND, December 18, 2018 /3BL Media/— KeyBank Community Development Lending & Investment (CDLI) has provided $21.9 million in total financing to Home Leasing, LLC for the historic preservation and creation of affordable housing in the former Holley High School in Holley, NY. KeyBank provided a $9.9 million construction loan, plus $6.8 million in Low-Income Housing Tax Credit (LIHTC) equity and $5.1 million in Historic Tax Credit (HTC) equity.

KeyBank Arranged Financing for the New Construction of Affordable Housing Apartments in Oklahoma City

Press Release

CLEVELAND, December 17, 2018 /3BL Media/ — KeyBank Real Estate Capital arranged a $3.9 million Fannie Mae, 9% Low-Income Housing Tax Credit (LIHTC) forward commitment permanent loan for Four Corners Development to finance the new construction of Council Trails Apartments. Council Trails Apartments is a 72-unit affordable housing property in Oklahoma City, OK comprised of four, three-story residential buildings. The Oklahoma Housing Finance Agency (OHFA) provided the 9% LIHTC equity allocation.

Supporting the Largest Habitat for Humanity Development in Colorado

Habitat for Humanity of Metro Denver is close to completing the largest Habitat development in the state of Colorado, thanks to support from Wells Fargo
Article

About two years ago, Wells Fargo team member Michael Dunn had an idea. While speaking to team members in Community Development in Denver, he asked if the company had ever sponsored an entire house with local affiliate Habitat for Humanity of Metro Denver. Nothing came of the conversation at the time, but the Community Development team asked him about it last year. This time, the idea became reality.

2018 Youth Homelessness Summit | Faces of Collaboration: Tai

On November 2, the Las Vegas community will come together at the 2nd Annual Youth Homelessness Summit
Blog

The Las Vegas community joins together on November 2 at the 2nd Annual Youth Homelessness Summit in Las Vegas, a collaboration between Las Vegas Sands and the Nevada Partnership for Homeless Youth. 

Tai's Story

Duke Energy Foundation Awards Florida Nonprofits More Than $500,000 in Grants to Enhance Access to the Arts, Promote Diversity

Company invests more than $504,000 in 55 arts and culture nonprofit agencies to enhance community vitality
Press Release

ST. PETERSBURG, Fla, October 1, 2018 /3BL Media/ - Strengthening communities by promoting diversity and increasing access to the arts is among the many ways the Duke Energy Foundation proudly supports Florida. Grants totaling $504,568 have been awarded to 55 nonprofit organizations within the company's service territory.

Duke Energy's support is helping organizations fulfill their missions across the state. Top grant recipients include philanthropic programs that encourage Hispanic business development, access to the arts, filmmaking and community development.

Re-imagining Global Agriculture – Olam Sets Out New Purpose and Reporting Model in 2017 Annual Report

Article

Recently winning silver at the 13th annual Singapore Corporate Awards in the Big Cap category, our 2017 Annual Report is the first on Olam’s journey to develop a new model of reporting that provides insight into how we create value for multiple stakeholders over the long-term.

KeyBank Provides $19.6 Million in Total Financing for the Construction of Affordable Housing in New York

Press Release

CLEVELAND, July 18, 2018 /3BL Media/ —KeyBank Community Development Lending and Investment (CDLI) has provided $19.6 million in total financing for the development and acquisition of Mosaic Village in Cohoes, NY. Key provided a $10.7 million construction loan, plus $8.9 million in Low-Income Housing Tax Credit equity.

Sears, Rebuilding Together Join for Annual Heroes at Home Program

Celebrated program aims to raise funds and take care of home rebuilds for military families in need
Press Release

HOFFMAN ESTATES, Ill., June 21, 2018  /3BL Media/ – For the 11th year in a row, Sears and Rebuilding Together have teamed to launch the Heroes at Home initiative, which benefits veterans and their families through fundraising and critical home repair nationwide.

Pages

Subscribe to community development