New York City Mayor's Office of Management and Budget

Preston Hollow Community Capital Completes $51.65 Million Bond Purchase for AMDA College of the Performing Arts

Retrieved on: 
Tuesday, November 7, 2023
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Preston Hollow Community Capital (“PHCC”) completed the purchase of $51.65 million in tax-exempt and taxable revenue bonds issued through the California Municipal Finance Authority (“CMFA”) and the Dormitory Authority of the State of New York (“DASNY”) on behalf of AMDA College of the Performing Arts (“AMDA”).

Key Points: 
  • Preston Hollow Community Capital (“PHCC”) completed the purchase of $51.65 million in tax-exempt and taxable revenue bonds issued through the California Municipal Finance Authority (“CMFA”) and the Dormitory Authority of the State of New York (“DASNY”) on behalf of AMDA College of the Performing Arts (“AMDA”).
  • The financing, originated by PHCC, was comprised of $91.65 million of bonds -- $31.085 million of tax-exempt bonds plus $4.585 million of taxable bonds through CMFA, and $55.98 million of tax-exempt bonds through DASNY.
  • Proceeds from the issuance will be used to refinance existing bank debt and fund capital improvements at the New York City and Los Angeles campuses.
  • Nixon Peabody LLP served as underwriter’s Counsel and Locke Lord LLP acted as counsel to AMDA.

JobsFirstNYC Receives $4 Million Gift from Philanthropist MacKenzie Scott to Advance Economic Opportunities for Young Adults and Their Communities in New York City

Retrieved on: 
Thursday, October 5, 2023
Partnership, Community development, MacKenzie Scott, Education, New York City Mayor's Office of Management and Budget, Policy, New York City Department of Youth and Community Development, New York City Department of Education, Economy, Partner, Tourism, Nursing

This gift—the largest single donation in JobsFirstNYC's history—will bolster the organization's strategic plan to improve the livelihoods of young people in New York City.

Key Points: 
  • This gift—the largest single donation in JobsFirstNYC's history—will bolster the organization's strategic plan to improve the livelihoods of young people in New York City.
  • Through its synergistic processes, JobsFirstNYC has made significant strides in empowering young adults and their communities.
  • Over 15,000 Young Adults Served: JobsFirstNYC's collaborative efforts have positively impacted the lives of over 15,000 young adults in New York City.
  • Improved Economic Mobility: JobsFirstNYC's partnerships have played a vital role in improving the economic mobility of young adults and their communities.

TradeFlow Capital Management enables scalable Carbon abatement in Rwanda

Retrieved on: 
Monday, September 25, 2023
Executive, Partnership, Rockefeller Foundation, Zinc, Tropical agriculture, Global warming potential, Carbon, USD, NCDA, NGO, Ministry, National Child Labour Projects, School, HOSO, City, Climate change, Iron, Cooking, New York City Mayor's Office of Management and Budget, Micronutrient, CO2, CIAT, Tutoring, Agriculture, Education

SINGAPORE, Sept. 25, 2023 /PRNewswire/ -- In a first-in-class partnership between Tradeflow Capital Management (TradeFlow), The FarmFresh Food Company Ltd (FarmFresh) and Heads of Schools Organisation Rwanda (HOSO), a partnership monetising 298mt of CO2e averted over the Rwandan school year September 2022 to August 2023 has been realised,  during which FarmFresh supplied 119mt of cooked beans into schools in Kigali, equivalent to ~790,000 school meal servings of beans.

Key Points: 
  • Using industry accepted tried-and-tested emissions reduction verification approaches and models, FarmFresh worked closely with Tradeflow to develop an informal, voluntary carbon credit linked to each 1kg of cooked beans used by a school.
  • TradeFlow paid the USD equivalent of the carbon offsets calculated as a donation to HOSO to promote improved nutrition while reducing reliance on solid biomass fuel stock.
  • Emmanuel Dusingizimana, the Executive Secretary of HOSO added: "We are excited to be part of this innovative initiative.
  • The partnership with FarmFresh and Tradeflow is an example of what can be done to meet this challenge.

LRS Announces Grand Opening of The Exchange, a Revolutionary Material Recovery Facility Pioneering a New Era of Sustainable Waste Management and Recycling

Retrieved on: 
Wednesday, August 9, 2023
Transfer, Partnership, MRF, Waste management, Exchange, Defence Estate and Infrastructure Group, Recycling, Carbon, American Beverage Association, LRS, City, Acquisition, The Exchange, Map, Streets, Economic development, CO2, New York City Mayor's Office of Management and Budget, Municipal solid waste, Growth, MSW, Transport, Stockyard, DSS, Disposal, Sanitation

ROSEMONT, Ill., Aug. 9, 2023 /PRNewswire/ -- LRS — the nation's fifth largest independent waste diversion, recycling and portable services provider — proudly announces the grand opening of The Exchange, a state-of-the-art material recovery facility (MRF) revolutionizing waste management and recycling practices. The new facility is located in the Stockyards neighborhood of Chicago and marks LRS' pursuit to reshape the future of waste and recycling to lessen environmental impact across the Midwest. 

Key Points: 
  • ROSEMONT, Ill., Aug. 9, 2023 /PRNewswire/ -- LRS — the nation's fifth largest independent waste diversion, recycling and portable services provider — proudly announces the grand opening of The Exchange, a state-of-the-art material recovery facility (MRF) revolutionizing waste management and recycling practices.
  • The Exchange marks a significant milestone in LRS' mission to foster positive change within the industries and communities it serves through responsible waste practices.
  • "The Exchange stands as a powerful embodiment of our vision to become the safest, most innovative waste recycler globally," said John Larsen, Chief Operating Officer at LRS.
  • To celebrate this momentous achievement, LRS is hosting a grand opening of The Exchange on August 9, 2023.

Mayor Muriel Bowser and Therme Group US Announce Partnership

Retrieved on: 
Friday, May 12, 2023
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WASHINGTON, May 12, 2023 /PRNewswire/ -- Today, Mayor Muriel Bowser and wellbeing pioneer Therme Group US announced an agreement to work together toward identifying a D.C. site for a Therme facility.

Key Points: 
  • WASHINGTON, May 12, 2023 /PRNewswire/ -- Today, Mayor Muriel Bowser and wellbeing pioneer Therme Group US announced an agreement to work together toward identifying a D.C. site for a Therme facility.
  • Therme is expanding to the United States and has identified the DC-Maryland-Virginia (DMV) region for their premier flagship facility.
  • When we create destinations that not only bring more visitors to our city, but also create new experiences for our residents – that is a win-win," said DC Mayor Muriel Bowser.
  • "Washington DC's strength in the coming years will be built on social infrastructure projects like Therme," said Former Mayor of Washington DC Anthony Williams.

Optimum Seismic's Ali Sahabi Named to Los Angeles Mayor Bass' transition team

Retrieved on: 
Friday, December 16, 2022
School, Pepperdine University, City, Chamber of commerce, Chambers, National Apartment Association, New York City Mayor's Office of Management and Budget, Life, Biophysical environment, URM, Metropolitan, California Building Industry Association, Los Angeles County Federation of Labor, Commission, Woman, Quality of life, University of California, Riverside, Safety, Education, University, Realtors Association of Hamilton-Burlington, Commerce, Consumer Technology Association, Real estate, Management, Tunnel, Dos lagos

LOS ANGELES, Dec. 16, 2022 /PRNewswire/ -- Los Angeles Mayor Karen Bass has named Ali Sahabi, Chief Operating Officer and Co-Founder of Optimum Seismic, Inc. to her transition advisory team, which will provide advice and counsel through the first 100 days of her administration.

Key Points: 
  • LOS ANGELES, Dec. 16, 2022 /PRNewswire/ -- Los Angeles Mayor Karen Bass has named Ali Sahabi , Chief Operating Officer and Co-Founder of Optimum Seismic, Inc. to her transition advisory team, which will provide advice and counsel through the first 100 days of her administration.
  • Sahabi, a real estate developer and general engineering contractor, is a lifelong advocate for resilience and sustainability.
  • He serves on the Board of Directors of the Los Angeles Area Chamber of Commerce and the Los Angeles County Business Federation (BizFed) .
  • The Optimum Seismic team has been making California cities safer since 1984 by providing full-service earthquake engineering , steel fabrication and construction services for multifamily residential, commercial and industrial buildings.

Integrating Advanced Air Mobility: A Primer For Cities Released by Urban Movement Labs in Partnership with the City of Los Angeles

Retrieved on: 
Monday, December 12, 2022
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LOS ANGELES, Dec. 12, 2022 /PRNewswire/ -- Today, Urban Movement Labs, in partnership with the City of Los Angeles, announced the publishing of Integrating Advanced Air Mobility: A Primer For Cities.

Key Points: 
  • LOS ANGELES, Dec. 12, 2022 /PRNewswire/ -- Today, Urban Movement Labs, in partnership with the City of Los Angeles, announced the publishing of Integrating Advanced Air Mobility: A Primer For Cities.
  • Integrating Advanced Air Mobility: A Primer For Citiesdocuments how UML and the City of Los Angeles have approached learning about and engaging on the topic, and provides a framework for other cities to follow.
  • Integrating Advanced Air Mobility: A Primer For Cities is a culmination of the first phase of work completed by the AAM partnership.
  • With the support of Los Angeles' Mayor's Office, Urban Movement Labs aims to make Los Angeles the model city for safe, sustainable, equitable, and efficient movement of people and goods and replicate these learnings around the world.

NBAF Appoints Oronike Odeleye as New Artistic Director Beginning November 1st, 2022

Retrieved on: 
Wednesday, November 2, 2022
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ATLANTA, Nov. 2, 2022 /PRNewswire-PRWeb/ -- NBAF is excited to announce the appointment of Oronike Odeleye to the prestigious role of Artistic Director as of November 1, 2022.

Key Points: 
  • ATLANTA, Nov. 2, 2022 /PRNewswire-PRWeb/ -- NBAF is excited to announce the appointment of Oronike Odeleye to the prestigious role of Artistic Director as of November 1, 2022.
  • "NBAF seeks to ensure that the art and stories of Black people are increasingly presented and valued," said Stephanie Owens, Executive Director of NBAF.
  • She will lead NBAF's artistic vision and direction, ensuring the organization continues to expand its reach and impact across communities."
  • Odeleye succeeds Artistic Director, Tiffany Latrice Williams, Founder and Executive Director of the arts incubator, TILA Studios.

ZICIX + CTIP-FII RECEIVES ORDER FROM CITY OF KAKATA, LIBERIA TO BUY PASSENGER BUSES

Retrieved on: 
Monday, October 17, 2022
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The order came from the Kakata City Corporation, a municipal corporation in Margibi County, Liberia.

Key Points: 
  • The order came from the Kakata City Corporation, a municipal corporation in Margibi County, Liberia.
  • Kakata is the capital city of Liberias Margibi County and is in Kakata District just over the Du River bridge.
  • It is a transit city at the heart of the historical natural rubber plantation belt in Liberia.
  • As of 2020, Liberia has a population of about 5.058 million, while the population of the City of Kakata has about 40,000 people.

HWPL Commemorates the 8th Anniversary of the September 18th HWPL World Peace Summit

Retrieved on: 
Wednesday, September 21, 2022
Saltley Gate Peace Group, Volunteering, Sustainable development, United Nations Economic and Social Council, International Peace and Security Institute, International Day of Peace, United Nations, Cornerstone, New York City Mayor's Office of Management and Budget, Microsoft, Culture of Peace, Moa, United Nations Department of Political and Peacebuilding Affairs, HWPL, United Nations Department of Global Communications, International law, Multimedia, Culture, Economy, International, International Women's Democracy Center, Tourism, Online shopping, Light

NEW YORK, Sept. 21, 2022 /PRNewswire/ -- Heavenly Culture, World Peace, Restoration of Light (HWPL) commemorated the 8th anniversary of the HWPL World Peace Summit on September 18. The event was titled, "Peace As An Institution: A Foundation for Sustainable Development." Participants included religious leaders and volunteers from the International Peace Youth Group and the International Women's Peace Group.

Key Points: 
  • Event Hosted By Heavenly Culture, World Peace, Restoration of Light
    NEW YORK, Sept. 21, 2022 /PRNewswire/ -- Heavenly Culture, World Peace, Restoration of Light (HWPL) commemorated the 8th anniversary of the HWPL World Peace Summit on September 18.
  • Participants included religious leaders and volunteers from the International Peace Youth Group and the International Women's Peace Group.
  • The HWPL World Peace Summit was first held on September 18, 2014 to achieve world peace by building an alliance of religions and establishing an international law for peace.
  • He has proposed a framework for sustainable peace, including an international law for peace, harmony across religions, and peace education.