KeyBank Institutional Advisors and KeyBank Community Development Lending and Investment (CDLI) provided $30 million of financing to the Cleveland Foundation (TCF) for the construction of the 95,000-square-foot Midtown Collaboration Center (Center) located in Cleveland’s MidTown.
KeyBank Provides $30 Million of Financing for the Cleveland Foundation Midtown Collaboration Center streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
By Steve Bailey
Dec 11, 2020
Cleveland, OH - Catalyzed by a $1 million grant from Facebook, the Cleveland Black Futures Fund today announced it has amassed more than $4 million since inception on Sept. 1 to invest in and strengthen Black-led and Black-serving social change organizations.
Today’s announcement is part of Facebook’s commitment to support Black businesses, creators and nonprofits. The Cleveland Foundation was one of 20 community foundations to receive funding as part of the California-based social media corporation’s announcement today. The Cleveland Black Futures Fund has received additional support from George W. Codrington Charitable Foundation ($50,000), The HealthComp Foundation ($60,000), Saint Luke’s Foundation ($150,000) and the Treu-Mart Fund ($100,000), as well as nearly $40,000 in individual donations.