The preservation of affordable housing at White Rock Apartment Homes supports the City of San Antonio’s affordable housing initiatives
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.
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.
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.
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.
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
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.
Company invests more than $504,000 in 55 arts and culture nonprofit agencies to enhance community vitality
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.
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.
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.
Celebrated program aims to raise funds and take care of home rebuilds for military families in need
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.