Metropolitan Washington Council of Governments

JPMorgan Chase Announces new business and philanthropic commitments to help close the housing affordability gap in Washington D.C. and beyond

Retrieved on: 
Wednesday, June 28, 2023

On Wednesday, JPMorgan Chase announced new philanthropic and expanded business commitments as part of its firmwide approach to addressing the housing affordability gap.

Key Points: 
  • On Wednesday, JPMorgan Chase announced new philanthropic and expanded business commitments as part of its firmwide approach to addressing the housing affordability gap.
  • Today’s announcement marks two years into JPMorgan Chase’s $400 million five-year commitment to improve housing affordability and stability for underserved households.
  • Since 2021, JPMorgan Chase has deployed more than $224 million in low-cost loans, equity investments and grants to 153 organizations across the U.S. to help close the housing affordability gap.
  • According to the Metropolitan Washington Council of Governments, the region needs 320,000 additional units of housing by 2030 to accommodate burgeoning demand.

Metropolitan Washington Council of Governments and ONE Media 3.0 Launch Nation’s First Use of NextGen Broadcast for Advanced Emergency Information

Retrieved on: 
Monday, April 10, 2023

The Metropolitan Washington Council of Governments (COG) and ONE Media 3.0, a subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), have launched the nation’s first pilot project to use Next Generation Broadcast to disseminate Advanced Emergency Information.

Key Points: 
  • The Metropolitan Washington Council of Governments (COG) and ONE Media 3.0, a subsidiary of Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), have launched the nation’s first pilot project to use Next Generation Broadcast to disseminate Advanced Emergency Information.
  • The pilot program will provide free, over-the-air redundancy to emergency messaging currently sent by local governments via text, email.
  • ONE Media 3.0, through its affiliated WJLA (7 News) newsroom, will also provide enhanced, rich media supplements to those emergency messages that meet its newsworthy criteria.
  • Initially, the pilot will focus on emergency messages from Arlington and Fairfax Counties in Northern Virginia and the District of Columbia.

EagleBank Provides Financing to Perseus TDC, Transwestern Development Company and Griffin Capital for the Construction of a Class-A Multifamily Complex in Hyattsville, MD

Retrieved on: 
Monday, July 18, 2022

Projected to be completed in late summer 2024, the property is located inside the Capital Beltway at 6400 America Boulevard, Hyattsville in the vibrant University Town Center.

Key Points: 
  • Projected to be completed in late summer 2024, the property is located inside the Capital Beltway at 6400 America Boulevard, Hyattsville in the vibrant University Town Center.
  • Were proud to be involved in such an exciting project in the heart of one of Prince Georges Countys most thriving neighborhoods.
  • Based in Washington, D.C., Perseus TDC wields the capabilities of a national firm with the dexterity of a local developer.
  • Transwestern Development Company (TDC) creates value through the execution of development projects for itself, its partners and valued clients throughout the United States.

Northwest Federal Credit Union Wins 2022 Commuter Connections Employer Recognition Award for Telework Category

Retrieved on: 
Monday, July 11, 2022

Northwest Federal Credit Union (NWFCU) is proud to announce that it has received a 2022 Employer Recognition Award.

Key Points: 
  • Northwest Federal Credit Union (NWFCU) is proud to announce that it has received a 2022 Employer Recognition Award.
  • View the full release here: https://www.businesswire.com/news/home/20220711005100/en/
    Northwest Accepts the 2022 Commuter Connections Award: Telework Category (Photo: Business Wire)
    Im so honored to be accepting this award on behalf of Northwest, said Ishaq.
  • Established in 1947, Northwest Federal Credit Union (NWFCU) is a full-service financial institution that strives to provide valuable financial products and services for its 260,000-plus members.
  • During the 2022 Employer Recognition Awards ceremony, Commuter Connections also recognized Environmental Enhancements located in Sterling, VA for the Incentives category, and Ellumen Inc., located in Silver Spring, MD for the Marketing category.

COG Adopts New Transit and Equity Planning Principles for 2030, Announces Housing Affordability Planning Program With Amazon

Retrieved on: 
Wednesday, October 13, 2021

Officials immediately put these principles to work by approving a new grant program to help add housing near transit for residents of all income levels.

Key Points: 
  • Officials immediately put these principles to work by approving a new grant program to help add housing near transit for residents of all income levels.
  • COGs new Housing Affordability Planning Program (HAPP), made possible with $500,000 in funding from the Amazon Housing Equity Fund, will provide grants to local governments and non-profit developers engaged in the planning, approval, or development of housing around transit stations.
  • Focusing on transit-oriented communities is an innovative approach to creating equitable economic opportunity, said Catherine Buell, Director of the Amazon Housing Equity Fund.
  • Moving forward, COG will be sharing resources and updates on how officials are putting these planning principles into action.

Historic Climate Legislation Becomes Law

Retrieved on: 
Monday, July 26, 2021

SEATTLE, July 26, 2021 /PRNewswire/ -- This past weekend, the Climate Commitment Act (CCA), SB 5126, officially became lawpositioning Washington State as a national climate leader with one of the most progressive climate laws paving the way to net zero emissions by the year 2050.

Key Points: 
  • SEATTLE, July 26, 2021 /PRNewswire/ -- This past weekend, the Climate Commitment Act (CCA), SB 5126, officially became lawpositioning Washington State as a national climate leader with one of the most progressive climate laws paving the way to net zero emissions by the year 2050.
  • In addition, the bill complements existing climate policies in the transportation, power, and building sectors.
  • "It's great to finally see this bill become a reality," said David Giuliani, founder of the Washington Business Alliance and early supporter of the legislation.
  • More About Clean & Prosperous Washington, a project of the Washington Business Alliance
    The Washington Business Alliance launched Clean & Prosperous Washington (CaPWA) in support of the Climate Commitment Act legislation.