Community capitalism

PNC Capital Markets Launches PNC Asset Exchange to Help Financial Institution Clients Optimize Loan Portfolios

Retrieved on: 
Wednesday, August 16, 2023
FIG, Community capitalism, PNC, Head, Strategic planning, FINRA, Growth, Ecosystem, Financial services, Bank, Cryptocurrency

PITTSBURGH, Aug. 16, 2023 /PRNewswire/ -- PNC FIG Advisory, part of PNC Capital Markets LLC, today announced an expansion to its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions. PNC Asset Exchange is powered by Community Capital Technology Inc.'s ("Community Capital") loan marketplace and business intelligence platform and will provide PNC's financial institution clients with a more efficient, effective way to optimize their loan portfolios.

Key Points: 
  • PITTSBURGH, Aug. 16, 2023 /PRNewswire/ -- PNC FIG Advisory, part of PNC Capital Markets LLC, today announced an expansion to its client offerings through the introduction of PNC Asset Exchange, an online loan resource and marketplace for financial institutions.
  • PNC Asset Exchange is powered by Community Capital Technology Inc.'s ("Community Capital") loan marketplace and business intelligence platform and will provide PNC's financial institution clients with a more efficient, effective way to optimize their loan portfolios.
  • PNC Asset Exchange will enable clients to more easily place and source loans in the secondary markets, as well as find new credit opportunities.
  • "The introduction of PNC Asset Exchange reflects our commitment to expanding our capital markets capabilities and investing in solutions our clients need to meet their evolving strategic needs," said Charlotte McLaughlin, president and CEO of PNC Capital Markets.

Oyate Group Celebrates Three Years of Community Leadership with Expansion of Community-Based Programs and Staff

Retrieved on: 
Thursday, June 15, 2023
Learning, Poverty, City College of New York, Small business, Food, Housing, Fordham University, Violence, Education, Lehman College, Culture, Curriculum, COVID-19, International Film Awards Berlin, Cure, Oyate, Public housing, Mentorship, Vaccine hesitancy, Firearm, School, New Yorker, Social justice, City & State, BIPOC, Community capitalism, Nightclub, Management, The Bronx

NEW YORK, June 15, 2023 /PRNewswire-PRWeb/ -- Oyate Group, a nonprofit organization on a mission to alleviate poverty by creating sustainable and holistic solutions that empower underserved communities all across New York City, is celebrating three years of service to The Bronx, Harlem, Washington Heights and Brooklyn by expanding its community and youth development programs with the help of two new team members and community leaders, Augustina Warton and Alex Reyes.

Key Points: 
  • They bring a level of passion, civic engagement and experience that will create strides for the organization and bolster our programs across New York City's boroughs.
  • Alex Reyes, a community organizer, leader and advocate for affordable housing and a path to citizenship for undocumented families, will serve Oyate Group as its program coordinator.
  • Three years on, Oyate Group is now expanding its Beyond Rising Internship Program and Brandon Hendricks Scholarship .
  • Media interested in learning more about Oyate Group and its programs should contact Emiliano Garcia at mailto: [email protected] [email protected] or (917) 446-7571.

Bankers Helping Bankers Fund (BHB Fund) Invests in Community Capital to Propel Growth of Nationwide Loan Marketplace

Retrieved on: 
Wednesday, June 7, 2023
Professional Services, Data Analytics, Technology, Software, Finance, Fintech, Banking, Partnership, Intelligence, Community, Growth, IBAT, Community capitalism, RIAS, Bank

(“Community Capital”), an enterprise loan marketplace and analytics platform, today announced it has secured an investment from the BHB Fund , a venture capital fund “for community banks, by community banks.” The BHB Fund is managed by Latitude38 Venture Partners , in partnership with the Independent Bankers Association of Texas (IBAT) and FedFis , and joins several other experienced Fintech investors in this investment round.

Key Points: 
  • (“Community Capital”), an enterprise loan marketplace and analytics platform, today announced it has secured an investment from the BHB Fund , a venture capital fund “for community banks, by community banks.” The BHB Fund is managed by Latitude38 Venture Partners , in partnership with the Independent Bankers Association of Texas (IBAT) and FedFis , and joins several other experienced Fintech investors in this investment round.
  • Garrett Smith, Community Capital’s Founder and CEO, said, “We are exceptionally pleased to have the BHB Fund investing.
  • With these large-scale relationships, Community Capital will soon provide access to nearly 1,800 financial institutions nationwide.
  • Neeraj Vohra, BHB Fund Managing Partner added, “Our Team has successfully backed a number of Fintech companies and we are impressed with the product and organization that Community Capital has built.

IMPACT Community Capital Showcases Firm’s 25-Year History of Impact Investing in Third Annual Impact Report

Retrieved on: 
Wednesday, June 7, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, State, Local, Public Policy, Finance, Consulting, Small Business, Banking, Professional Services, Philanthropy, Government, Fund Raising, Urban Planning, Foundation, Thought, Growth, Community capitalism, Housing, Investment, IMPACT, Renewable energy, Renting, Video game

IMPACT Community Capital (“IMPACT”) today released a special 25th Anniversary edition of its annual impact report, entitled “25 Years of IMPACT.” In the report, IMPACT – an investment manager with a track record of investing more than $2.4 billion for impact in affordable housing, childcare, and healthcare – highlights the firm’s history over the last quarter century and its future vision for investing in communities of opportunity.

Key Points: 
  • IMPACT Community Capital (“IMPACT”) today released a special 25th Anniversary edition of its annual impact report, entitled “25 Years of IMPACT.” In the report, IMPACT – an investment manager with a track record of investing more than $2.4 billion for impact in affordable housing, childcare, and healthcare – highlights the firm’s history over the last quarter century and its future vision for investing in communities of opportunity.
  • “We were investing for impact long before anyone called it ‘impact investing,’” said Jeff Brenner, President and CEO of IMPACT.
  • We have demonstrated what is possible, and we are ready to do far more.”
    To view the full 2023 Impact Report, “25 Years of IMPACT,” download here .
  • To learn more about the milestones that have made IMPACT a pioneering impact investing leader over the past quarter century, visit the firm’s special 25th Anniversary webpage and explore its “Moments of IMPACT.”

Built Technologies Secures Investment From Citi

Retrieved on: 
Thursday, April 13, 2023
Data Management, Residential Building & Real Estate, Banking, Commercial Building & Real Estate, Technology, Construction & Property, Professional Services, Asset Management, Software, Fintech, Finance, Partnership, Housing, Remaking Cities Institute, Documentation, Traction, Zonda Home, Securitization, Growth, Ecosystem, Community capitalism, GSP, CRE, SPRINT, Real estate, Cryptocurrency, Bank, Built, Citigroup

Built Technologies , one of the fastest growing construction and real estate software providers in the U.S., has announced a strategic investment from Citi through its SPRINT program.

Key Points: 
  • Built Technologies , one of the fastest growing construction and real estate software providers in the U.S., has announced a strategic investment from Citi through its SPRINT program.
  • Citi SPRINT (“Spread Products Investment Technologies”), the strategic investing arm of Citi’s Global Spread Products division (“GSP”), is part of Citi Institutional Strategic Investments (“ISI”).
  • “The investment from Citi SPRINT opens a new market opportunity for Built to gain traction with one of the largest U.S. financial institutions in the real estate industry,” said Chase Gilbert, CEO and Co-founder of Built.
  • “Our investment in Built Technologies extends this commitment by helping to further modernize our Financing and Securitization franchise.

Pioneering Impact Manager IMPACT Community Capital Celebrates 25 Years of Investments in American Communities

Retrieved on: 
Thursday, March 23, 2023
Other Professional Services, Finance, Other Construction & Property, Small Business, Banking, Residential Building & Real Estate, Commercial Building & Real Estate, Professional Services, Construction & Property, Other Philanthropy, Philanthropy, Fund Raising, Foundation, Urban Planning, Insurance, Poverty, Inequality, Community capitalism, Housing, Investment, Homelessness, IMPACT, Social media, Renewable energy

IMPACT Community Capital (“IMPACT”) is proudly celebrating its 25th anniversary during 2023, marking a quarter-century of innovative, institutional-quality investments that drive positive change in underinvested communities across the United States.

Key Points: 
  • IMPACT Community Capital (“IMPACT”) is proudly celebrating its 25th anniversary during 2023, marking a quarter-century of innovative, institutional-quality investments that drive positive change in underinvested communities across the United States.
  • Since its founding in 1998, IMPACT has directed more than $2.4 billion toward investments in housing, healthcare, childcare, and job creation – ultimately benefitting more than 400,000 people.
  • As early pioneers in the impact investing space, IMPACT has built a 25-year track record of providing investors with competitive, risk-adjusted returns and producing measurable impact for local communities.
  • Each of the 25 moments showcase a major IMPACT milestone that has been pivotal in growing the firm and deepening its impact.

Rural Development Partners Helps Crown Equipment Bring Jobs to America

Retrieved on: 
Wednesday, March 15, 2023
Rural areas in the United States, Multimedia, Acquisition, CFO, FOREST, Office of the Supervising Architect for the U.S. Treasury, Organization, Food security, Senior, Investment, New Markets Tax Credit Program, U.S. Bancorp, RDP, NMTC, Crown Equipment Corporation, Social media, SF, Disability and Development Partners, Community capitalism, Renewable energy, Crown

The expansion is expected to create 192 jobs and retain 340 in the region, some of which will be re-shored from the Company's overseas operations.

Key Points: 
  • The expansion is expected to create 192 jobs and retain 340 in the region, some of which will be re-shored from the Company's overseas operations.
  • The expansion will bring even more high-quality jobs to the region in addition to the onshoring of jobs currently held overseas.
  • – Craig Seitz, Senior VP & CFO of Crown Equipment
    Rura l Development Partners utilizes the NMTC Program to help organizations throughout the nation relocate and expand their operations in distressed rural communities.
  • RDP investments help create jobs, economic growth, training opportunities, and food security for Rural America by partnering with organizations that take action to invest in and support their local communities.

Lincoln Financial Group Again Named One of America’s Most Responsible Companies

Retrieved on: 
Tuesday, December 13, 2022
Finance, Banking, Professional Services, Other Professional Services, Insurance, American Council of Life Insurers, Corporation, Retirement, Assurity Life Insurance Company, Perception, CSR, Lincoln National Corporation, Partnership, ESG, CNO Financial Group, DJSI, Corporate Equality Index, NYSE, Workplace, Bloomberg, Edmund S. Muskie Internship Program, WayUp, Social, Optimism, Social responsibility, FTSE4Good Index, American Council, Dow Jones, LNC, Community capitalism, Dow Jones Sustainability Indices, Insurance, Trust (social science), Pharmaceutical industry, Renewable energy, Lincoln, Environment, Newsweek

Lincoln Financial Group (NYSE: LNC) today announced it has been named one of Americas Most Responsible Companies 2023 by Newsweek Magazine.

Key Points: 
  • Lincoln Financial Group (NYSE: LNC) today announced it has been named one of Americas Most Responsible Companies 2023 by Newsweek Magazine.
  • In addition to Americas Most Responsible Companies, Lincoln has also been named to Newsweeks list of Most Trustworthy Companies 2023.
  • Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism.
  • Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates.

First Foundation Inc. Awards 45 Nonprofits through Its ‘Supporting Our Communities’ Grant Program on GivingTuesday

Retrieved on: 
Wednesday, November 30, 2022
Residential Building & Real Estate, Construction & Property, Sustainability, Socially Responsible Investing, Finance, Consulting, Small Business, Banking, Professional Services, Entrepreneur, Philanthropy, Environment, Fund Raising, Foundation, DEI (Diversity, Equity and Inclusion), Consumer, Growth, TMC, Organization, Community capitalism, Community development, Insurance, Trust, Education, Strategic planning, Community engagement, First Things First Foundation

First Foundation provides education, consultation, and strategic planning help to its nonprofit partners as they continue to navigate the current philanthropic environment.

Key Points: 
  • First Foundation provides education, consultation, and strategic planning help to its nonprofit partners as they continue to navigate the current philanthropic environment.
  • Our recent expansion to serve the Florida market provided us the opportunity to include nine Florida nonprofits in our Supporting Our Communities program.
  • Employee engagement with local nonprofits in both Hillsborough and Collier Counties allowed us to quickly identify organizations doing impactful work in those communities, said Emily Sukman, Community Engagement Officer.
  • For more information about First Foundations efforts in the community and to learn about past and current Supporting Our Communities nonprofit partners, please visit: https://www.firstfoundationinc.com/community/soc .

Five Points Community Capital, LLC Closes $7.76 million New Markets Tax Credit Supporting Expansion of Houston Meat Distributors, Inc.

Retrieved on: 
Wednesday, October 26, 2022
New Markets Tax Credit Program, National FongShan Senior Commercial & Industrial Vocational School, Growth, Liberty Bank, Tenant, Education, LLC, Person, Organization, United States Department of the Treasury, Community development financial institution, CDFI, Unemployment, Poverty, Program, Project, NMTC, Multimedia, Community capitalism, Company, Industry, Community Development Financial Institutions Fund, CEO, US Treasury specimen book, Point, All, Seafood, Five Points, View, Warehouse, Tutoring, Management, Video game, Bank

Pasadena, the second largest city in the Houston MSA, is located about 20 minutes from downtown Houston.

Key Points: 
  • Pasadena, the second largest city in the Houston MSA, is located about 20 minutes from downtown Houston.
  • Houston Meat Distributors was founded in 2003 by Paul "Jeff" Martinez and Sonia R. Martinez with a small family loan.
  • Houston Meat Distributors was forced to relocate from its longtime office warehouse due to continued high repair costs, inefficient structural design, and an expiring lease.
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    SOURCE Five Points Community Capital, LLC