Community development

Midtown Detroit Inc. Board of Directors Appoints Detroit Native, Maureen L. Stapleton as Interim Executive Director

Retrieved on: 
Thursday, February 29, 2024

DETROIT, Feb. 29, 2024 /PRNewswire/ -- Maureen L. Stapleton has been named interim executive director of Midtown Detroit Inc. (MDI), a nonprofit organization creating community and economic development in the Midtown area of Detroit. Stapleton will assume her new role on March 1st, 2024. She joins MDI following Sue Mosey's retirement at the end of 2023.

Key Points: 
  • Stapleton Returns to Detroit with over 20 Years of Experience in Community Development, Government, and Operations
    DETROIT, Feb. 29, 2024 /PRNewswire/ -- Maureen L. Stapleton has been named interim executive director of Midtown Detroit Inc. (MDI), a nonprofit organization creating community and economic development in the Midtown area of Detroit.
  • "I am excited and honored to join the dynamic team at Midtown Detroit Inc. and continue the work of the organization and its founding Executive Director Sue Mosey," said Stapleton.
  • This transformative process, spanning several months, will power Midtown Detroit Inc.'s next chapter, harnessing stakeholders' collective vision and need for the continuation of a dynamic Midtown Detroit.
  • Representing this District, which then included portions of Midtown, gave Stapleton a unique understanding of Midtown and its important role in Detroit.

RDP Partnered with Bongards to Expand Farmer Opportunities in America's Heartland

Retrieved on: 
Wednesday, February 28, 2024

"RDP is honored to help Bongards expand its operations in Perham.

Key Points: 
  • "RDP is honored to help Bongards expand its operations in Perham.
  • The added capacity will allow them to continue to service their existing members while bringing on additional patrons.
  • Bongards has always paid a premium to their members which is vital to the long-term viability of family farms in Minnesota."
  • Funding has helped 50 businesses and nonprofits expand to provide quality jobs, economic impacts, and healthy food access in underserved communities.

NEW YORK CITY REGIONAL CENTER-MANAGED ENTITY PROVIDES $19 MILLION FOR THE ARMORY TRACK & FIELD COMPLEX IN WASHINGTON HEIGHTS

Retrieved on: 
Wednesday, February 28, 2024

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- New York City Regional Center is pleased to announce the closing of $19,000,000 in New Market Tax Credit financing to help fund building upgrades and ongoing operating expenses at the Armory Nike Track & Field Center in Washington Heights.

Key Points: 
  • NEW YORK, Feb. 28, 2024 /PRNewswire/ -- New York City Regional Center is pleased to announce the closing of $19,000,000 in New Market Tax Credit financing to help fund building upgrades and ongoing operating expenses at the Armory Nike Track & Field Center in Washington Heights.
  • The Armory Foundation oversees the premier indoor track & field center in America and hosts over 100 track meets annually including the marquee Millrose Games.
  • The Armory College Prep High School Program provides college prep and academic counseling services to hundreds of under resourced New York City public high school students.
  • Private capital is incentivized by providing federal income tax credits to investors in exchange for making equity investments in low-income neighborhoods.

Legacy Bank & Trust Doubles its Assets with Niche Strategy and Technology from Jack Henry

Retrieved on: 
Monday, February 26, 2024

MONETT, Mo., Feb. 26, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that Legacy Bank & Trust has doubled its asset size in two years by implementing a differentiated business strategy and revamping its technology stack to meet new growth areas and complex needs. The bank grew from $800 million assets in the first quarter 2022 to $1.7 billion today.

Key Points: 
  • Legacy Bank & Trust has been running on Jack Henry systems since 2003.
  • Legacy Bank & Trust continues to explore new niche markets and potential acquisitions while growing organically.
  • "Jack Henry technology has powered our journey from a small, rural community bank to a $1.7-billion asset bank now operating in three states," Loftin continues.
  • Stacey Zengel, senior vice president of Jack Henry and president of Bank Solutions, said, "Legacy Bank & Trust is a dynamic community bank with a unique business model.

MSA Safety Announces the Retirement of John T. Ryan III, Director

Retrieved on: 
Thursday, February 22, 2024

Mr. Ryan is the grandson of company co-founder John T. Ryan Sr.

Key Points: 
  • Mr. Ryan is the grandson of company co-founder John T. Ryan Sr.
  • He also is the son of the late John T. Ryan Jr., who served as MSA Chairman from 1963 to 1990.
  • After earning an M.B.A. degree from Harvard University, Mr. Ryan joined MSA in 1969.
  • Mr. Ryan III served as Chairman and CEO of MSA until his retirement from the company in 2008.

OWASP Foundation Inc announces appointment of Jason C. McDonald as Director of Community Development

Retrieved on: 
Friday, February 16, 2024

COLORADO SPRINGS, Colo., Feb. 16, 2024 /PRNewswire-PRWeb/ -- The OWASP Foundation, Inc. is excited to announce the appointment of Jason C. McDonald to the position of Director of Community Development. Jason's responsibilities will include fundraising, grant writing for projects, and community liaison with our tens of thousands of community participants, developers, and external development organizations. He started on February 12th, 2024.

Key Points: 
  • The OWASP Foundation, Inc. is excited to announce the appointment of Jason C. McDonald to the position of Director of Community Development.
  • Jason's responsibilities will include fundraising, grant writing for projects, and community liaison with our tens of thousands of community participants, developers, and external development organizations.
  • COLORADO SPRINGS, Colo., Feb. 16, 2024 /PRNewswire-PRWeb/ -- The OWASP Foundation, Inc. is excited to announce the appointment of Jason C. McDonald to the position of Director of Community Development.
  • I'm excited to have a Director of Community Development with a highly technical and development community background to work with our community, to improve the state of funding for projects and outreach to developers and development organizations," said Andrew van der Stock, Executive Director of the OWASP Foundation.

MTS and Affirmed Housing Celebrate Groundbreaking of New Transit-Oriented Development

Retrieved on: 
Friday, February 16, 2024

SkyLINE is a remarkable example, and it’s a particularly special project for Affirmed Housing as it serves as our new home, as well,” said Affirmed Housing President Jimmy Silverwood.

Key Points: 
  • SkyLINE is a remarkable example, and it’s a particularly special project for Affirmed Housing as it serves as our new home, as well,” said Affirmed Housing President Jimmy Silverwood.
  • To activate the underutilized land and maximize development potential, Affirmed Housing is engaged in a 99-year lease with the transit agency, MTS.
  • As part of the partnership, Affirmed Housing enhanced the property’s sewer and water systems and worked alongside MTS to meet their current and future parking needs for MTS riders.
  • Affirmed Housing’s partners on SkyLINE include San Diego MTS, Bank of America, Citi Community Capital, Lument Capital, City of San Diego, California Department of Housing and Community Development, County of San Diego, San Diego Housing Commission, Compass for Affordable Housing, HA Builder Group, Architects Orange, and ConAm Management Corporation.

Media Advisory: Global Atlantic Financial Group Celebrates Hartford Expansion

Retrieved on: 
Friday, February 16, 2024

Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, will hold a media briefing with special guests, including Connecticut Governor Ned Lamont, Connecticut Department of Economic and Community Development Commissioner-designate Daniel O’Keefe, and Hartford Mayor Arunan Arulampalam, to unveil the finished renovations to the firm’s office space within the iconic Gold Building in downtown Hartford.

Key Points: 
  • Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, will hold a media briefing with special guests, including Connecticut Governor Ned Lamont, Connecticut Department of Economic and Community Development Commissioner-designate Daniel O’Keefe, and Hartford Mayor Arunan Arulampalam, to unveil the finished renovations to the firm’s office space within the iconic Gold Building in downtown Hartford.
  • Rob Arena, Co-President and Head of Individual Markets, Global Atlantic
    Kelly Rutherford, Head of Individual Markets Operations, Global Atlantic
    Wednesday, February 21, 2024 / 10:00 – 11:00 a.m.
  • Global Atlantic will unveil its new and expanded office space in Hartford.
  • Global Atlantic’s Hartford location now holds the most employees out of the company’s nine offices across the country and in Bermuda.

MSA Safety CEO Nish Vartanian Named to Koppers Board of Directors

Retrieved on: 
Tuesday, February 13, 2024

PITTSBURGH, Feb. 13, 2024 /PRNewswire/ -- MSA Safety, Inc. (NYSE: MSA) today announced that Nish Vartanian, MSA Chairman and Chief Executive Officer, has been elected to the Board of Directors at Koppers Holdings, Inc. (NYSE: KOP).

Key Points: 
  • PITTSBURGH, Feb. 13, 2024 /PRNewswire/ -- MSA Safety, Inc. (NYSE: MSA) today announced that Nish Vartanian, MSA Chairman and Chief Executive Officer, has been elected to the Board of Directors at Koppers Holdings, Inc. (NYSE: KOP).
  • Koppers is a Pittsburgh-based integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds.
  • "I am honored to join the Board of Koppers, a company whose values align closely with mine," Mr. Vartanian said.
  • In addition to his MSA Safety responsibilities, Mr. Vartanian serves on the Boards of Trustees for the Manufacturers Alliances for Productivity and Innovation (MAPI); the International Association of Firefighters Foundation (IAFF); and the Allegheny Conference on Community Development.

Koppers Holdings Names Nishan J. Vartanian to Board

Retrieved on: 
Tuesday, February 13, 2024

PITTSBURGH, Feb. 13, 2024 /PRNewswire/ -- Koppers Holdings Inc. (NYSE: KOP), an integrated global provider of treated wood products, wood treatment chemicals, and carbon compounds, today announced that the company has increased the size of its Board of Directors from nine to ten members and has elected Nishan J. Vartanian as a director of the company, effective February 13, 2024.

Key Points: 
  • Mr. Vartanian currently serves as Chairman and Chief Executive Officer of MSA Safety Incorporated, global leader in the development, manufacture, and supply of safety products and solutions that protect people and facility infrastructures.
  • Mr. Vartanian brings to the Koppers Board executive business leadership as well as a wealth of experience in global markets, with particular specialization in safety-related products and practices.
  • Mr. Vartanian said, "I am honored to join the Board of Koppers, a company whose values align closely with mine.
  • Chairman of the Board Stephen Tritch said, "We are excited and proud to welcome Nish Vartanian as the newest Koppers Board member.