TORONTO, April 12, 2021 /3BL Media/ - Scotiabank announced that it is the first large financial institution in Canada to align with Canada Mortgage and Housing Corporation (CMHC) to transform housing affordability across the country. Scotiabank plans to mobilize $10 billion over the next ten years in support of CMHC's aspiration – that by 2030, everyone in Canada has a home they can afford and that meets their needs.
Expanding affordable housing to address homelessness in partnership with Community Solutions
March 30, 2021 /3BL Media/ - For nearly a decade, The Home Depot Foundation has partnered with Community Solutions, an organization committed to ending homelessness through data-driven, innovative methods, to help solve veteran homelessness in communities across the nation. Recently, Community Solutions announced the purchase of a new 132-unit apartment building to provide affordable housing for veterans experiencing homelessness in Atlanta.
KeyBank Surpassed Initial $16.5 Billion Economic Inclusion Commitment In 2020, One Year Early, KeyBank Receives 10th Consecutive “Outstanding” Rating On CRA Exam
CLEVELAND, Ohio, March 12, 2021 /3BL Media/ – Building on early fulfilment of its groundbreaking $16.5 billion Community Benefits Plan, KeyBank today announced it will increase its commitment to $40 billion. The investments will continue to focus on economic access and equity for underserved communities and populations.
One year ago, BB&T and SunTrust completed a historic merger of equals to form Truist.
Today, the company is celebrating its teammates’ hard work and collective commitment to the communities it serves through three community impact reports. The company’s purpose is to inspire and build better lives and communities, and each report shares some of the ways 55,000 Truist teammates brought this purpose to life during an unprecedented year marked by a global pandemic, challenging economic environment and social injustice.
As the Bay Area grapples with COVID-19 economic recovery, $9.5 million effort helps 350 low- and moderate-income residents
SAN FRANCISCO, December 2, 2020 /3BL Media/ -In the Bay Area, more than four in 10 renters pay over 30% of their income on housing. Additionally, nearly 25% of renters are severely cost-burdened, paying over half of their income on housing, according to the Joint Center for Housing Studies of Harvard University.
ALEXANDRIA, Va., November 11, 2020 /3BL Media/—Wells Fargo Foundation has awarded Volunteers of America National Services (VOANS) with a $3 million grant to develop permanent supportive affordable homes for previously homeless veterans using innovative construction techniques while also supporting much needed construction job training for veterans.
Building Equitable, Resilient, and Prosperous Cities
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Chris Tyson, President & CEO of Build Baton Rouge, joins host and Common Impact CEO Danielle Holly to share about the redevelopment authority’s mission to bring together people and resources to promote equitable investment, innovative development, and thriving communities across Baton Rouge.