Affordable housing

Frontieras North America Selects West Virginia for Site of its First FASForm Plant

Retrieved on: 
Wednesday, April 13, 2022

SCOTTSDALE, Ariz., April 13, 2022 /PRNewswire-PRWeb/ -- Frontieras North America, a subsidiary of Frontier Applied Sciences, today announced that it will construct its first FASForm™ plant in Mason County, West Virginia. Located in the heart of coal country, Frontieras' contracted site enjoys easy access to raw materials, a skilled workforce, as well as roads, Class 1 freight rail, and the Ohio River for import and export of feedstock and FASForm products. The Frontieras plant, which plans to complete construction and be commissioned in Q4, 2023, is expected to employ up to 500 employees and process more than 2.7 million tons of coal annually.

Key Points: 
  • Location, Transportation, Access to Raw Materials, Friendly Business Policies, and Skilled Workforce of West Virginia Allows Frontieras to Deliver Abundant, Affordable and Efficient FASForm Energy
    SCOTTSDALE, Ariz., April 13, 2022 /PRNewswire-PRWeb/ -- Frontieras North America , a subsidiary of Frontier Applied Sciences, today announced that it will construct its first FASForm plant in Mason County, West Virginia.
  • "I could not be more excited to welcome Frontieras North America to West Virginia.
  • I thank them for selecting Mason County as the home of their new plant," said West Virginia Governor Jim Justice.
  • In preparation for breaking ground on its first commercial site, Frontieras constructed a test plant that validated the results using the West Virginia coal as its feedstock.

Monarch Private Capital Finances New Affordable Housing Development in California

Retrieved on: 
Monday, April 11, 2022

To develop the project, Monarch partnered with the full-service, vertically integrated real estate firm CRP Affordable Housing & Community Development .

Key Points: 
  • To develop the project, Monarch partnered with the full-service, vertically integrated real estate firm CRP Affordable Housing & Community Development .
  • In addition to creating quality affordable homes for residents, the development will offer valuable tenant services to both adults and children, provided by the Central Valley Coalition for Affordable Housing.
  • Shiloh Terrace will not only bring safe, secure and affordable housing to Windsor but also enrich the lives of its residents through constructive and rewarding resources, said Seth Sterneck, Managing Director at CRP Affordable Housing & Community Development.
  • Along with addressing the states need for more affordable housing, the Shiloh Terrace development will have a significant impact on the local economy.

SurgePays Announces the Acquisition of Torch Wireless

Retrieved on: 
Thursday, April 7, 2022

BARTLETT, Tenn., April 07, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (SurgePays or the Company), a technology and telecommunications company focused on the underbanked and underserved, announced today the acquisition of Torch Wireless, a provider of wireless broadband with the FCCs Affordable Connectivity Program (ACP) in a cash and limited royalties deal.

Key Points: 
  • BARTLETT, Tenn., April 07, 2022 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (SurgePays or the Company), a technology and telecommunications company focused on the underbanked and underserved, announced today the acquisition of Torch Wireless, a provider of wireless broadband with the FCCs Affordable Connectivity Program (ACP) in a cash and limited royalties deal.
  • Commenting on theacquisition,Chairman and CEOBrian Coxstated,Acquiring Torch Wireless will allow SurgePays to open the entire country for our mobile broadband service.
  • Torch has the additional benefit of also being a licensed lifeline carrier as well.
  • We believe this acquisition will also provide us the ability to initiate our online enrollment effort nationwide using a broad scope which should drive subscriber acquisition costs lower.

Additional $100 Million Investment in Housing Bolsters UnitedHealth Group’s Efforts to Address Social Determinants and Achieve Better Health Outcomes

Retrieved on: 
Thursday, April 7, 2022

UnitedHealth Group (NYSE: UNH) announced an additional $100 million investment in the Health & Housing Fund a partnership with Stewards of Affordable Housing for the Future (SAHF) and National Affordable Housing Trust (NAHT).

Key Points: 
  • UnitedHealth Group (NYSE: UNH) announced an additional $100 million investment in the Health & Housing Fund a partnership with Stewards of Affordable Housing for the Future (SAHF) and National Affordable Housing Trust (NAHT).
  • Additional affordable housing locations will be announced in the coming months as development proposals are finalized.
  • Our work to address social determinants and help to create new affordable housing opportunities that include support services is driving better health outcomes for some of the nations most underserved populations.
  • This additional $100 million investment clearly demonstrates UnitedHealth Groups continued focus and leadership on improving health outcomes through investments in quality, service-enriched housing.

Zyxel Launches Affordable Hybrid Switch Solution for SMB Market

Retrieved on: 
Wednesday, April 6, 2022

The most affordable hybrid switch solution for SMBs, GS1915 series switches support NebulaFlex, giving users the flexibility of setting-up and managing the switches using Zyxels Nebula cloud-based management platform, SNMP or web-based GUI.

Key Points: 
  • The most affordable hybrid switch solution for SMBs, GS1915 series switches support NebulaFlex, giving users the flexibility of setting-up and managing the switches using Zyxels Nebula cloud-based management platform, SNMP or web-based GUI.
  • This intelligent distribution of power enables the switch to optimize its power budget to deliver power to more devices.
  • Zyxel GS1915-8 8-port GbE Smart Managed Switch and GS1815-8EP 8-port GbE Smart Managed PoE Switch both carry limited lifetime warranties and are available now through all Zyxel authorized resellers and e-commerce partners at street prices of $74.99 and $149.99 USD, respectively.
  • For more information about Zyxel and its connectivity solutions, visit www.zyxel.com/us and follow us on Facebook , Twitter and LinkedIn .

Property Management Software Fortress Announces Integration With The Work Number from Equifax

Retrieved on: 
Tuesday, April 5, 2022

NASHVILLE, Tenn., April 5, 2022 /PRNewswire-PRWeb/ -- Fortress, a real estate technology firm that creates property management software solutions for multi-family and commercial property owners and operators, announces the expansion of its workflow solutions through its newest integration with The Work NumberⓇ from Equifax. The Work Number is the industry-leading, centralized commercial repository of income and employment information in the U.S. Through this partnership, The Work Number will help affordable housing properties across the country save time and money.

Key Points: 
  • The Work Number is the industry-leading, centralized commercial repository of income and employment information in the U.S.
    NASHVILLE, Tenn., April 5, 2022 /PRNewswire-PRWeb/ -- Fortress , a real estate technology firm that creates property management software solutions for multi-family and commercial property owners and operators, announces the expansion of its workflow solutions through its newest integration with The Work Number from Equifax.
  • "With Fortress, we aim to make the lives of property managers and owners easier by creating a core property management software with everything in one place," said Fortress Founder and CEO Kerri Davis.
  • "We're grateful to bring automated income and employment verification and other solutions to the country's critical affordable housing communities through our integration with The Work Number.
  • Fortress is a core property management software product created on the basis that property management software should be easy, transparent and informative.

KINGSETT CAPITAL STRENGTHENS MANAGEMENT TEAM WITH THE APPOINTMENT OF ALIYAH MOHAMED AS CHIEF CAPITAL OFFICER

Retrieved on: 
Tuesday, April 5, 2022

TORONTO, April 5, 2022 /CNW/ - KingSett Capital Inc. announced today that Aliyah Mohamed will be joining the firm as Chief Capital Officer, effective May 16th, 2022.

Key Points: 
  • TORONTO, April 5, 2022 /CNW/ - KingSett Capital Inc. announced today that Aliyah Mohamed will be joining the firm as Chief Capital Officer, effective May 16th, 2022.
  • In her new role as Chief Capital Officer, she will join KingSett's Management Committee and will report to Anna Kennedy, KingSett's Chief Operating Officer.
  • Ms. Mohamed will oversee equity capital investor relations, debt capital finance strategy, firm marketing and communications and talent development at KingSett.
  • "I am very pleased to welcome Aliyah to the leadership team at KingSett," said Jon Love, KingSett's Chief Executive Officer.

Federal Home Loan Bank Of Chicago Announces New Grant Programs Aimed At Increased Diversity In Affordable Housing Development And Small Business Growth

Retrieved on: 
Friday, April 1, 2022

CHICAGO, April 1, 2022 /PRNewswire/ --The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced three program offerings designed to address critical affordable housing and community economic development needs in Illinois and Wisconsin.

Key Points: 
  • CHICAGO, April 1, 2022 /PRNewswire/ --The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced three program offerings designed to address critical affordable housing and community economic development needs in Illinois and Wisconsin.
  • Two new programs target affordable housing development and access, while an enhanced capacity building program will bring needed support to small businesses.
  • Two FHLBank Chicago housing associates, Illinois Housing Development Authority (IHDA) and Wisconsin Housing and Economic Development Authority (WHEDA), will administer the Housing Counseling Resource Program on behalf of FHLBank Chicago.
  • "Downpayment Plus" and "DPP" are registered trademarks of the Federal Home Loan Bank of Chicago.

Citi Ranked Number One Affordable Housing Lender for 12th Straight Year

Retrieved on: 
Wednesday, March 30, 2022

Citi was recognized as the number one affordable housing lender in the United States for 2021, according to Affordable Housing Finance magazines annual ranking.

Key Points: 
  • Citi was recognized as the number one affordable housing lender in the United States for 2021, according to Affordable Housing Finance magazines annual ranking.
  • Citi Community Capital, a line of business within Citi, provided approximately $5.64 billion to finance affordable housing projects in 2021 throughout the U.S.
  • In our 12 years as the leading financer of affordable housing, Citi has helped create or preserve nearly 400,000 affordable housing units across the United States, said Jane Fraser, Chief Executive Officer of Citi.
  • Citi Community Capital helps affordable housing developers construct, rehabilitate, refinance and acquire affordable multifamily housing across the country.

New Community Solar Project in Kankakee Open to All Qualified ComEd Customers

Retrieved on: 
Tuesday, March 22, 2022

ComEd today announced the launch of a community solar project in Kankakee County that offers qualified ComEd customers throughout northern Illinois access to solar energy and savings of up to $1,000 annually on their electricity bills for a three-year subscription term.

Key Points: 
  • ComEd today announced the launch of a community solar project in Kankakee County that offers qualified ComEd customers throughout northern Illinois access to solar energy and savings of up to $1,000 annually on their electricity bills for a three-year subscription term.
  • The Gar Creek solar project will serve up to 600 customers, and applications will be accepted through April 15 at ComEd.com/GiveARay .
  • The first program of its kind in Illinois, Give-A-Ray was launched last year with a community solar project that serves qualified customers in the Rockford area.
  • The Gar Creek community solar project is located in a low-income neighborhood and includes two solar arrays with a combined solar generation capacity of 3.5 megawatts.