community development

Citywide Collaborative and Citi Community Development Announce the Creation of the Interboro Community Land Trust and a $1MM Interboro CLT Growth Fund

The first-of-its-kind collaboration in New York City will create one of the nation’s largest community land trusts, expanding unprecedented access to permanently affordable homeownership opportunity and neighborhood preservation for lower-income families.
Press Release

NEW YORK, October 24, 2017 /3BL Media/ - A citywide collaborative of non-profit affordable housing organizations, with support from founding corporate partner Citi Community Development, today announced the formation of the Interboro Community Land Trust (Interboro CLT), New York City’s first citywide community land trust with a primary focus on creating permanently affordable homeownership opportunities for low-income households in one of the most expens

Wells Fargo Names Winners in Small Business Renovation Contest

Company awards physical makeovers to 20 small businesses in Atlanta, Houston, Los Angeles, Miami and Minneapolis
Press Release

SAN FRANCISCO, August 24, 2017 /3BL Media/ – Wells Fargo (NYSE: WFC) today named 20 small businesses as winners and finalists of the Wells Fargo Works for Small Business®: Neighborhood Renovation Program Contest, which ran from May 1 – June 16, 2017. Each business will receive a physical makeover including architect-advised renovation planning and design.

PT Freeport Indonesia, a Freeport-McMoRan Company, Invests in Fishery Program to Empower Local Communities

Press Release

August 18, 2017 /3BL Media/ -- PT Freeport Indonesia’s fishery program, in partnership with local governments and community leaders, supports Kamoro businesses near its area of operations in the Mimika Regency in the Papua Province.

The program includes technical training, small business loans, and the provision of refrigeration, storage, and transportation. The program reaches 38 villages on the Mimika coast and 7 village centers for buying and selling fish catches.

Keybank Provides $142.4 Million in Financing for Affordable Housing Portfolio

Press Release

CLEVELAND, July 20, 2017 /3BL Media/ - KeyBank Real Estate Capital has provided a total of $142.4 million to Harmony Housing, a 501(c)(3) nonprofit organization dedicated to providing safe, clean and comfortable affordable rental housing throughout the United States, for a six-property affordable housing portfolio. 

Gildan Donates $518,000 USD to Mario C. Rivas Hospital in Honduras

Article

Gildan is proud to announce the donation and inauguration of the external newborn ward at Mario C. Rivas Hospital in San Pedro Sula, Honduras. The facility provides advanced care with specialized equipment and medical services to infants from the local community as well as the surrounding region. The inauguration took place on April 6, 2017 in the presence of the First Lady, Ana de Hernandez and Honduran Health Secretary, Delia Rivas.

Women Building Careers in Impact Investing

by Jenn Pryce, President and CEO, Calvert Foundation
Blog

What do an artificial heart, the theater, and Gabon all have in common? From where you’re sitting, probably not much. For me, however, they are key facets of my life that have led me to a career in impact investing.

Historic Hahne’s Department Store Building Reopens in Downtown Newark, N.J.

Landmark offers contemporary residences with exceptional shopping and dining experience, featuring Newark’s first Whole Foods and Barnes & Noble along with a new restaurant from Chef Marcus Samuelsson and community arts space
Press Release

SAGE and Citi Community Development Announce Expansion of SAGE LGBT Elder Housing Initiative that Boosts Access to Safe, Affordable Housing for Seniors

Affordable Housing Advocate Kelly Kent to lead National LGBT Elder Housing Initiative
Press Release

NEW YORK, March 15, 2017 /3BL Media/ --  Services and Advocacy for GLBT Elders (SAGE) and Citi Community Development announced today a major expansion of SAGE’s LGBT Elder Housing initiative.

Launched last year, the SAGE LGBT Elder Housing Initiative is a comprehensive national program to expand access to safe, affordable, and welcoming housing for LGBT older adults. The Initiative supports LGBT older adults in existing senior housing while simultaneously accelerating the development of housing specifically designed for them.

Community Land Trust in Anacostia, DC Announced by City First Enterprises and Citi Community Development

Community Land Trust Will Promote Affordability and Build Intergenerational Household Wealth for Local Residents
Press Release

WASHINGTON D.C., February 14, 2017 /3BL Media/ – City First Enterprises (CFE) and Citi Community Development announced today the plan for CFE to create the first Community Land Trust (CLT) in the historic Anacostia neighborhood in the District of Columbia (DC) to preserve affordability, prevent displacement and enable community residents to purchase homes to build long-term financial assets.

JPMorgan Chase Commits $20 Million to Revitalize Neighborhoods in Five U.S. Cities

Press Release

DETROIT, October 19, 2016 /3BL Media/ – JPMorgan Chase & Co. today announced $20 million for five community development organizations working to create economic opportunity in disadvantaged neighborhoods. As part of the firm’s $125 million, five-year PRO Neighborhoods initiative, these five collaborative partnerships will revitalize neighborhoods in their respective cities that have been left behind by the recovery.

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