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PRI launches new infrastructure workstream

LONDON, 23 February 2017 – The Principles for Responsible Investment (PRI) today announced that it has developed a new infrastructure workstream in response to the growing demand for sustainable infrastructure solutions in both developed and emerging markets. According to a 2016 study by McKinsey, governments and private investors need to fill a $90 trillion infrastructure funding gap to meet the world’s development needs over the next 15 years. The new US administration has committed to investing heavily in renewing its infrastructure while the UK has positioned infrastructure as a key pillar of its post-Brexit plans. With 131 countries committing to the Paris Climate Agreement at COP21, an

AFL-CIO HIT Appoints Ted Chandler As Managing Director Of $2 Billion Program To Renovate Housing, Sp

Congratulations to our HCS Governing Board Member, Ted Chandler! WASHINGTON, Feb. 3, 2017 /PRNewswire-USNewswire/ -- The AFL-CIO Housing Investment Trust (HIT) is proud to announce the appointment of Theodore S. Chandler as Managing Director of Midwest@Work, a bold initiative aiming to spur economic development, build and renovate housing and increase union jobs across the industrial Midwest, with a focus on nine cities from Minneapolis/St. Paul to Buffalo, bringing new life and hope to America's urban communities. Mr. Chandler is the Chief Operating Officer of the HIT and brings 30 years of experience in housing finance and community development to the additional role of Managing Director o

Washington DC Announces First in the Nation "Tax Exempt PACE" Green Financing

StartFragmentWASHINGTON, Oct. 7, 2016 /PRNewswire-iReach/ -- A leading provider of supportive services to families in Washington DC is building a new state-of-the-art headquarters with help from the District of Columbia's Department of Energy and Environment's (DOEE) DC Property Assessed Clean Energy (DC PACE) financing program. The Far Southeast Family Strengthening Collaborative, Inc. (FSFSC), an anchor of the community for over 20 years, will use PACE financing at tax-exempt rates to fund green building improvements for their new home in the District's historic Anacostia neighborhood. This marks the fifth DC PACE deal closed under Mayor Bowser's Administration, representing over $5.2 mill

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