NOAH

American Housing Announces $27.3M in Financing from The Amazon Housing Equity Fund (HEF) for Affordable Housing in Washington D.C.

Retrieved on: 
Thursday, January 18, 2024

WASHINGTON, Jan. 18, 2024 /PRNewswire/ -- The Amazon Housing Equity Fund (HEF) announced today that they will provide $27.3 million in below-prevailing-rate financing to American Housing to preserve affordable housing in some of the most sought-after residential areas of Washington, D.C.  Today's announcement is part of HEF's commitment to preserving homes for lower and middle-income Washingtonians, and its first partnership with American Housing, an innovative multifamily development company that provides affordable housing and blended social services to communities in need in D.C.

Key Points: 
  • "The Upper Northwest D.C. Housing Preservation Project is an extension of Amazon Housing Equity Fund's commitment to ensuring equitable access to affordable housing in close proximity to transit," said Senthil Sankaran, managing principal of the Amazon Housing Equity Fund.
  • American Housing is a real estate development firm specializing in workforce, affordable and market-rate transit-oriented development in Northwest Washington, D.C.
  • "American Housing values Amazon Equity Fund's commitment to providing below market financing to secure long-term affordability in the most desirable neighborhoods of Washington D.C.," said Adam Lobene, founder and CEO of American Housing.
  • To learn more about the Amazon Housing Equity Fund, please visit us here .

Nuveen Secures Investment from TIAA for U.S. Impact Housing Fund Dedicated to Affordable Housing

Retrieved on: 
Tuesday, September 19, 2023

The fund also intends to invest in regenerative development and financing that supports minority and women developers of affordable housing.

Key Points: 
  • The fund also intends to invest in regenerative development and financing that supports minority and women developers of affordable housing.
  • Nuveen has extensive experience investing in U.S. affordable housing dating back to 1992.
  • Through these capabilities, Nuveen has dedicated portfolio management support for its affordable housing assets and can work with local communities to preserve and develop more affordable housing.
  • Nuveen Real Estate is a real estate investment management holding company owned by Teachers Insurance and Annuity Association of America (TIAA).

Navigating disaster response: Symposium on climate resilience highlights advancing equity for people of color

Retrieved on: 
Wednesday, August 16, 2023

Chicago, IL, Aug. 16, 2023 (GLOBE NEWSWIRE) -- An Aug. 23 symposium in downtown Chicago will present solutions to build climate-resilient communities.

Key Points: 
  • Chicago, IL, Aug. 16, 2023 (GLOBE NEWSWIRE) -- An Aug. 23 symposium in downtown Chicago will present solutions to build climate-resilient communities.
  • “Climate Resilience: Fostering Wealth, Health and Sustainability in Communities of Color” is the third in a year-long series on advancing equity for people of color.
  • BlocPower previously was named to the second annual TIME100 Most Influential Companies list, which highlights companies that make an extraordinary impact around the world.
  • “More than 80 courses will equip housing and community development professionals with the skills and knowledge to transform people’s lives.”
    Several courses during the Training Institute continue the theme of climate resilience and intentionally serving people of color, such as:

Truist invests $17 million in the future of Charlotte and communities across North Carolina

Retrieved on: 
Thursday, August 10, 2023

CHARLOTTE, N.C., Aug. 10, 2023 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) and Truist Foundation today announced $17 million in commitments to support affordable housing in Charlotte and career development and economic mobility programs across North Carolina.

Key Points: 
  • $1 million Truist Foundation grant to Per Scholas North Carolina to expand technology skills training in rural North Carolina.
  • $1 million Truist Foundation grant to NPower to provide technology skills and employment opportunities for military-connected individuals and underserved young adults in the Raleigh community.
  • That's why we're thrilled to be partnering with Truist Foundation for our expansion into North Carolina," said Bertina Ceccarelli, CEO of NPower.
  • Per Scholas North Carolina has seen the impact of our rural training model already, injecting more than $1.9 million back into local communities.

Billboard, Music Week, and DJ Times Charting Recording Artist, NOAH, Releases Groundbreaking Single "BABYMAKER"

Retrieved on: 
Sunday, June 4, 2023

NEW YORK, June 4, 2023 /PRNewswire/ -- Billboard & Music Week Charting Recording Artist, NOAH®, is back with a sensational new pop/dance single that is bound to ignite discussions and raise awareness about the critical issue of abortion rights in the United States. Inspired by the recent Supreme Court's decision to restrict abortion access, NOAH® presents "BABYMAKER" - a massive and relevant anthem that demands attention.

Key Points: 
  • Inspired by the recent Supreme Court's decision to restrict abortion access, NOAH® presents "BABYMAKER" - a massive and relevant anthem that demands attention.
  • In a time where the courts are encroaching upon the reproductive rights of women, NOAH® fearlessly voices the concerns of millions.
  • With an unforgettable sound and a powerful message, "BABYMAKER" is poised to shake the music scene and captivate audiences worldwide.
  • Stay tuned for the release this June 2023 and be a part of the movement that fights for reproductive freedom and equality.

PODX GO Unveils the Grande S1 on Indiegogo, the World's First Self-Folding Mobile Home

Retrieved on: 
Wednesday, May 17, 2023

This innovative self-folding tiny house on wheels is set to redefine the way people experience mobile living and affordable housing solutions.

Key Points: 

Norway town votes to support marine reserve for formerly captive whales

Retrieved on: 
Thursday, March 30, 2023

NEW YORK, March 30, 2023 /PRNewswire/ -- City leaders in Hammerfest, Norway recently voted in support of creating an urgently needed planned marine reserve in one of their local fjords. The decision is celebrated by OneWhale, a nonprofit dedicated to protecting the world-famous "Russian spy whale" Hvaldimir, which initiated the project just two years ago.

Key Points: 
  • Community leaders in Hammerfest, Norway, voted in favor of a pioneering project which could provide long awaited freedom for captive whales.
  • More than 3,000 whales and dolphins are estimated to live in captivity around the world, primarily in marine theme parks.
  • The Norwegian Whale Reserve will offer formerly captive whales like Hvaldimir a safe and protected natural environment to unlearn their habits toward humans.
  • For more information about Hvaldimir or the Norwegian Whale Reserve and how you can financially support the efforts, visit https://www.onewhale.org/ .

Norway town votes to support marine reserve for displaced whales

Retrieved on: 
Friday, March 24, 2023

NEW YORK, March 24, 2023 /PRNewswire/ -- OneWhale, a nonprofit dedicated to protecting the world-famous "Russian spy whale" Hvaldimir, celebrates city leaders in Hammerfest, Norway, who recently voted in support of an urgently needed planned marine reserve.

Key Points: 
  • NEW YORK, March 24, 2023 /PRNewswire/ -- OneWhale , a nonprofit dedicated to protecting the world-famous "Russian spy whale" Hvaldimir, celebrates city leaders in Hammerfest, Norway, who recently voted in support of an urgently needed planned marine reserve.
  • More than 2,000 whales and dolphins are estimated to live in captivity around the world, primarily in marine theme parks.
  • When it's complete, the Norwegian Whale Reserve will serve as a model for protecting whales, who are highly intelligent animals with complex social systems.
  • The Norwegian Whale Reserve will offer a safe and protected natural environment for displaced whales like Hvaldimir to live their lives in the most natural way possible.

Housing Authority of the City of Alameda & Lincoln Avenue Capital Preserve Affordable Homes at Rica Vista Apartments

Retrieved on: 
Thursday, March 9, 2023

ALAMEDA, Calif., March 9, 2023 /PRNewswire/ -- Lincoln Avenue Capital (LAC), a mission-driven acquirer and developer of affordable housing, and the Housing Authority of the City of Alameda (AHA) today announced an agreement to preserve the affordability of up to 132 units at Rica Vista Apartments for the next 55 years.

Key Points: 
  • ALAMEDA, Calif., March 9, 2023 /PRNewswire/ -- Lincoln Avenue Capital (LAC), a mission-driven acquirer and developer of affordable housing, and the Housing Authority of the City of Alameda (AHA) today announced an agreement to preserve the affordability of up to 132 units at Rica Vista Apartments for the next 55 years.
  • LAC's partnership with the Housing Authority of the City of Alameda will convert the existing market-rate property to workforce housing to bolster the supply of affordable housing in the Bay Area, one of most expensive housing markets in the nation.
  • "Lincoln Avenue Capital is proud to work with the Alameda Housing Authority to preserve and expand access to quality homes at Rica Vista for decades to come," said LAC CEO Jeremy Bronfman.
  • "The partnership with Lincoln Avenue Capital will allow more low- and middle-income people to live and work in the City of Alameda."

Ameriprise Financial, Along with its Employees and Advisors, Gave More than $17.4 Million in Community Donations in 2022

Retrieved on: 
Monday, January 30, 2023

Ameriprise Financial, Inc. (NYSE: AMP), along with its employees and advisors, donated more than $17.4 million through corporate and individual donations and gift matching in 2022.

Key Points: 
  • Ameriprise Financial, Inc. (NYSE: AMP), along with its employees and advisors, donated more than $17.4 million through corporate and individual donations and gift matching in 2022.
  • Throughout the year, Ameriprise employees and advisors supported causes they care about by logging nearly 64,000 volunteer hours.
  • In addition, the company deepened its 13-year partnership with Feeding America, through which more than 115 million meals have been provided to people in need.
  • “Nonprofits faced a fresh set of challenges in 2022 – notably inflation, supply chain issues and a tight labor market.