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Initial Phase of New Fund Will Power Up to Four Megawatts of Commercial and Public Sector Solar Energy System Installations
NEW YORK & BERKELEY, Cal...
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Ten years ago, Seattle startup nLight Photonics moved to Vancouver to expand its production. NLight now serves as a model for the kind of company economic development officials hope a community investment fund would help create.
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CINCINNATI -- Fifth Third Bancorp today announced $896,500 in grants made from its CRA Enterprise Investment Fund (EIF). Directed by Fifth Third's Com...
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CINCINNATI -- Fifth Third Bancorp today announced $266,000 in grants made from its CRA Enterprise Investment Fund (EIF). Directed by Fifth Third's Com...
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To: NATIONAL EDITORS
Contact: John Beale, or Becca Miller, both of VillageReach, +1- 206-925-5200, mobile, +1-206-755-0145, john@villlagereach.org; or Jean-Philippe de Schrevel, or Keely Stevenson, both of Oasis Fund/ Bamboo Finance, +41- 22 5964750, info@bamboofinance.com; or Narciso Matos of Foundation for Community Development, +258 21 355 302, mobile, +258-82-651-7270, nmatos@fdc.org
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With her mortgage, assorted bills, and her daughter's private school tuition, Stallworth considered taking a second job. [...] she heard a radio story about ShoreBank, a community-development bank that was offering rescue loans for homeowners drowning in their adjustable-rate mortgages. According to the National Community Investment Fund, a nonprofit that measures the performance of CDFIs, more than 80 percent of ShoreBank's loan originations and purchases are in low- and moderate-income communities.
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BEVERLY HILLS, Calif. -- Kennedy Wilson, Fund Manager of the $40 million Northwest Louisiana Community Development Fund I ("the Fund"), announced the ...
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Auditors and outside directors this week were still celebrating the Baltimore City Circuit Court ruling that cleared the two groups of responsibility in a failed investment in now-defunct Network Technologies Group Inc.
Last year, the Bon Secours Community Investment Fund, which invested $1 million in NTG shortly before the Baltimore installer of cable folded in July 2002, sued NTG's accounting firm, Ellin & Tucker Chartered, and former NTG board members Robert M. Stewart and Nora Zietz for negligence and aiding.
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Business Editors
BATON ROUGE, La.--(BUSINESS WIRE)--May 6, 2004
Fund will be a national provider of debt and equity to low-income
communities cr...
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Over the past five years, CalPERS, the California Public Employees Retirement System, has lost $920 million on its real estate investment in Mountain House, a bedroom community in Northern California.
The pension fund's $1.12 billion investment shrank to just $200 million as the housing market collapsed and Mountain House homes lost more than half of their value.