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SANTA CLARA, Calif. and BOSTON, May 20, 2021 /PRNewswire/ SVB Financial Group ( SVB ) (NASDAQ: SIVB), the parent of Silicon Valley Bank, the bank of the world s most innovative companies and their investors, today announced a proposed five-year, $11.2 billion community benefits plan that builds on its long-standing commitment toward helping small businesses, financing affordable housing, reinvesting in low- and moderate-income ( LMI ) communities and supporting the greater good through philanthropy and volunteering. The plan was developed in collaboration with the California Reinvestment Coalition ( CRC ), The Greenlining Institute, Massachusetts Affordable Housing Alliance ( MAHA ) and Massachusetts Association of Community Development Corporations ( MACDC ), based on anticipated growth resulting from and subject to the completion of SVB s pending acquisition of Boston Private Financial Holdings, Inc. ( Boston Private ) (NASDAQ: BPFH), the
Menlo Park s Golden Acorn Awards aim to highlight pandemic-time leadership almanacnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from almanacnews.com Daily Mail and Mail on Sunday newspapers.
San Francisco s pandemic exodus looks like it s almost over
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Monique Sherman and Adrian Richardson (left) join others in dining at Delarosa on Chestnut Street in San Francisco, Calif., on Thursday, April 29, 2021. San Francisco is on track to gain entry to the yellow tier of California s pandemic restrictions.Scott Strazzante / The Chronicle
San Francisco households fled the city during the pandemic’s first year, with many residents particularly those living in the densest neighborhoods seeking roomier homes in more affordable areas.
But now that the city is reopening for business, with consistently low numbers of new cases and climbing vaccination rates, the flood of move-outs has slowed to near pre-pandemic levels.
Former Silicon Valley Leadership Group CEO Carl Guardino is pictured in this file photo.
Two weeks before San Jose passed a landmark ban on natural gas for new commercial buildings, city officials introduced an exemption that benefited a local energy company, Bloom Energy, whose vice president is a personal friend to the mayor.
And the way they did it shows the stark difference in access granted to political insiders as well as the extent to which city policy is swayed by special interests.
“It’s politics… We want everybody to have an opportunity to chime in, especially if you’re going to be directly impacted,” said San Jose Councilmember Raul Peralez, who voted against the exemption. “In theory, it makes sense… in real practice, it’s not very fair.”
Seamless Bay Area has a plan to fix broken Bay Area transit Can it get out of the station? bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.