Disneyland Resort Celebrates 70 Years

  • Cast members among the first to create and share new memories on the 70th anniversary
  • The Walt Disney Company CEO Bob Iger commemorates anniversary with pre-opening address to thousands of cast members
  • Festivities include pre-opening cast celebration, veteran cast flag raising ceremony and ringing of the New York Stock Exchange opening bell

ANAHEIM, Calif., July 17, 2025 /PRNewswire/ — Today, Disneyland Resort, known as The Happiest Place on Earth, commemorated seventy years by honoring the people who have made those memories possible: Disneyland Resort cast members.

Disneyland Resort kicked off the 70th anniversary with an early morning cast member-only celebration in Disneyland park, filled with unique photo backdrops, such as the 70th Anniversary Hot Air Balloon, live entertainment and a flag raising ceremony in Town Square featuring veteran cast members.

The Walt Disney Company’s Chief Executive Officer Bob Iger, and Disney Experiences Chairman Josh D’Amaro addressed the cast on Main Street, U.S.A., before joining them alongside Mickey Mouse and Minnie Mouse to ceremoniously ring the New York Stock Exchange opening bell and pose for a once-in-a-lifetime cast photo. After, Bob Iger opened Disneyland before joining Disneyland Resort cast members along Main Street, U.S.A., to welcome guests into the park.

“It was on this day in 1955 that Walt Disney opened the gates of Disneyland for the first time and introduced the world to this very special place,” Iger said to guests. “70 years later, Disneyland remains one of Walt’s greatest achievements – a place where generations of people from all over the world have stepped through these gates and entered a world of joy and imagination.”

70 years and counting of The Happiest Place on Earth
With the opening of Disneyland park in 1955, Walt Disney transformed the theme park industry, creating an immersive destination where families could create happy memories and spend time together. With its 70-year history, Disneyland Resort has expanded to include two theme parks, three hotels and the Downtown Disney District which reflect the power of Disney storytelling – which includes Pixar, Star Wars, and stories featuring fan-favorite Super Heroes. The resort is adding even more new experiences, including the Avengers Campus expansion, Avatar and Coco in the coming years providing guests with more options to immerse themselves in their favorite Disney stories – creating moments that become timeless memories and stories that are shared again and again with friends and family. More information about these projects can be found in the We Call it Imagineering” series on YouTube.

In that spirit, July 17 marks the debut of a new advertising campaign highlighting how after 70 years, Disneyland Resort continues to be the place that people come to celebrate their happiest moments, featuring authentic guest stories and photos.

How Guests Are Celebrating the 70th Anniversary
Guests visiting Disneyland Resort on July 17 will not only get to experience the limited time offerings available for the Disneyland Resort 70th Celebration but also get the opportunity to experience the debut of the groundbreaking attraction “Walt Disney – A Magical Life” and new additions to the Main Street Cinema and “it’s a small world” attraction. In addition, for one day only, guests can collect a souvenir guide map and anniversary button (subject to availability) and experience a special 70th anniversary cavalcade in the afternoon.

About the Disneyland Resort
Located in Anaheim, Calif., the Disneyland Resort features two spectacular theme parks – Disneyland Park (the original Disney theme park) and Disney California Adventure Park – plus three hotels and the Downtown Disney District dining, entertainment and shopping complex. The Hotels of the Disneyland Resort are Disney’s Grand Californian Hotel & Spa, the Disneyland Hotel – both AAA Four Diamond properties – and Pixar Place Hotel. When it opened on July 17, 1955, Disneyland introduced the world to a new concept in family entertainment and continues to use creativity, technology and innovation to bring storytelling to new heights. Open daily, year-round. For more information, guests can visit Disneyland.com.

To enter a park, both a theme park reservation and a valid ticket for the same park on the same date is required. Park reservations are limited, subject to availability, and not guaranteed. Parks, attractions, entertainment, experiences, services, and offerings may be modified, limited in availability or unavailable, and are subject to restrictions, and change or cancellation without notice. Park admission and offerings are not guaranteed. Visit Disneyland.com/updates for more information about visiting the Disneyland® Resort.

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Château Galoupet unveils an exceptional brand home and launches its latest cuvée

PARIS, July 17, 2025 /PRNewswire/ — In July 2025, Château Galoupet, a historic Cru Classé within the prestigious Côtes-de-Provence designation and owned by Moët Hennessy, the wine and spirits division of LVMH, is unveiling a new space for the public. This addition serves as a natural extension to its vineyard, enhancing the estate’s commitment to sustainability, innovation, and biodiversity. Visitors can now immerse themselves in the Provençal lifestyle and explore Galoupet’s exceptional organic rosé wines.

To view the Multimedia News Release, please click:
https://www.multivu.com/chateau_galoupet/9345551-en-unveils-exceptional-brand-home-launches-its-latest-cuvee

Elevating the wine experience

This opening up to the public marks the latest step in the history of Château Galoupet, following the recent launch of G de Galoupet, an organic rosé available that encapsulates every aspect of the Maison’s commitment to exacting, sustainable winegrowing. This first vintage captures Provence’s soil at its finest in a groundbreaking design—and one of the world’s lightest bottles (weighing 300 grams instead of the average 500 grams) made with 85% recycled glass. It captures the quintessence of the 2024 harvest and strikes the perfect balance between freshness, fruitiness, and delicacy.

In addition to mitigating its carbon footprint, Galoupet is recognized for its sustainable practices, including the establishment of ecological corridors and the creation of a favorable environment for the region’s native fauna. The plot-by-plot vinification strategy reveals the unique expression of each terroir, in the heart of a protected ecosystem along the Mediterranean. This certified organic agriculture approach is based on actions that protect soils, natural cycles, and the living world. Strict management of water resources through regenerative hydrology and sustainable irrigation methods reflects a determination to reconcile wine-making know-how and environmental responsibility.

An immersion between land and sea, with experiences to enjoy on the spot

Today, Château Galoupet imagines its new brand home as an opportunity for the public to discover the riches of its Mediterranean terroir. “What we most strive for is creating a memorable experience for our visitors, nestled in the heart of nature,” commented Nadine Fau, Managing Director. The estate offers an immersion between land and sea, encapsulating the Provençal art of living. The architecture and design blend authenticity, modernity, and eco-responsibility. Galoupet’s teams carried out meticulous research to encourage reuse and upcycling in its decorative elements. Contemporary brands perfected the overall décor along with local artists selected for their affinity with Galoupet’s regional roots and ethical approach.

With a comprehensive offering that includes tastings, guided visits, and light catering, as of July 2025, Château Galoupet welcomes individuals and groups eager to learn or build on their existing knowledge. An immersion in the richness of Provence’s terroir, and a new way to absorb the Maison’s know-how and its commitments.

PRACTICAL INFORMATION   
Address: Château Galoupet, Route Nationale 98, 83250 La Londe-les-Maures, FRANCE     
Open from Tuesdays to Saturdays (11:30 a.m. to 7:30 p.m.)                 
Reservation by phone (+33 4 94 66 40 07) or by email (contact@galoupet.com)

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Logo – https://mma.prnewswire.com/media/2730216/Chateau_Galoupet_Logo.jpg

Château Galoupet unveils an exceptional brand home and launches its latest cuvée. (PRNewsfoto/Château Galoupet)

Château Galoupet Logo (PRNewsfoto/Château Galoupet)

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SOURCE Château Galoupet

Supporting Recovery in Western North Carolina After Hurricane Helene

By Libby Richards, North America Community Engagement Manager, Lenovo

When Hurricane Helene swept through Western North Carolina in September 2024, it left behind more than just physical damage. It disrupted lives, isolated communities, and cut off basic necessities like clean water and communication. The scale of destruction was staggering: over 1,400 landslides, widespread damage to roads, homes, bridges, and water systems. In the midst of it all, local organizations and partners mobilized to help meet urgent needs and begin the long process of recovery.

Among the first to respond was Boone-based nonprofit Wine To Water. Known for their international work providing clean water in disaster-stricken and underserved regions around the world, the organization suddenly found itself responding to a crisis in its own backyard.

“I had to remind myself a few times that I was in the United States,” Courtney Mattar, Director of Partnerships at Wine To Water said. “I felt like I was transported back to where I’ve seen destruction from flooding in Nepal. The damage was that visceral.”

With its deep ties to the community and experience navigating emergencies, they shifted quickly from global relief to local action. Lenovo, a longtime supporter of Wine To Water’s global mission, stepped up to help as the focus turned to Western North Carolina.

Wine To Water’s teams were on the ground within hours, navigating blocked roads and delivering clean water by any means necessary, including trucks, ATVs, and even mountain bikes. They reached families who had suddenly found themselves without safe drinking water or shelter. Lenovo supported these efforts by sending the first truck of clean water into the region, helping Wine To Water begin their initial distributions at a time when access was nearly impossible.

“The first call I got once I had service was from Lenovo,” Mattar recalled. “They said, ‘What do you need?’ That kind of generosity felt like a giant hug – it reminded us we weren’t alone.”

Over the following weeks, the work deepened. Wine To Water transitioned from emergency response to long-term recovery, testing water at the tap in rural homes, distributing filters, and repairing wells and spring boxes that serve as critical water sources for many families in the region. They also took steps to offer something less visible but just as vital: safe shelter. With support from partners like Lenovo, they’ve provided more than 55 tiny homes to families displaced by the storm, offering warmth and security through the winter and beyond.

Technology also played a role in helping people get back on their feet. In partnership with the American Red Cross, Lenovo had previously donated 750 computers through the Red Cross Disaster Responder Program. After Helene, those devices became essential tools in local shelters, helping people find missing family members, access critical services, and stay informed during an uncertain time. The devices also powered Red Cross View, a mapping platform that supports everything from shelter tracking to damage assessments.

“Lenovo helped the Red Cross be prepared before Helene’s impact and have been ready to respond ever since,” said Rebecca Pittman, Regional Disaster Officer for the American Red Cross. “Having partnerships like the one Red Cross has with Lenovo allows us to be where we are needed, when we are needed.”

Another piece of the puzzle was connectivity. Through a partnership with Operation Connect Carolinas, Lenovo donated equipment to help restore internet access in areas where communication had been completely cut off. Staying in touch with emergency services, loved ones, and community networks was and still is key to recovery.

While the road ahead is still long for many in Western North Carolina, what has been clear from the start is the strength of the response. From neighbors helping neighbors, to nonprofits going beyond the last mile, to partners stepping in where they can, recovery is taking shape. It is never easy, and it does not happen overnight. But thanks to the relentless work of organizations like Wine To Water, the Red Cross, and Operation Connect Carolinas, and the resilience of the communities themselves, progress is being made one home, one family, one connection at a time.

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Corvias Foundation Awards $50,000 in Scholarships to Children of Employees

WARWICK, R.I.–(BUSINESS WIRE)–Corvias Foundation is continuing the company’s long-standing commitment to educational opportunities and employee well-being. Since its founding in 2006, the Corvias Foundation has supported more than 500 military-connected families with more than $20 million in scholarship awards. This year’s recipients exemplify academic excellence, leadership, and engagement in their school communities. Each scholar is poised to excel in higher education, and the Foundation’s

Griffith Foods on Building ‘Trust, Transparency and Long-Term Partnerships’ in Regenerative Agriculture

Originally published on AgFunderNews

Operating mid-supply chain has some advantages when it comes to implementing regenerative agriculture practices, says Anne Jacobs, global regenerative agriculture manager at US-based food manufacturer Griffith Foods.

Griffith Foods makes ingredients that range from seasoning blends and sauces to dough mixes, texture components, and functional blends for meats that enhance flavor and color. Its roots in food innovation go all the way back to the early twentieth century, when the company’s founders saw the need for more science in the food industry.

Today, the company, which is still family owned, operates across 30 countries, working with some of the largest CPGs and meat-processing groups in the world.

Click here to read more on AgFunderNews.

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Sustainability Driving Global Innovation: Highlights From MilliporeSigma at Sustainability LIVE Chicago 2025

“Sustainability for sustainability’s sake doesn’t often work. We have found a lot of ways to connect it to the business and business value.”

This is one of the many insights shared by Jeffrey Whitford, Vice President of Sustainability & Social Business Innovation at MilliporeSigma, the U.S. and Canada Life Science business of Merck KGaA, Darmstadt, Germany, at Sustainability LIVE Chicago 2025. Jeffrey took center stage at this event—a premier gathering of C-suite-, vice president- and director-level sustainability and ESG leaders—for an inspiring Fireside Chat titled, “Sustainability Driving Global Innovation.”

In a thought-provoking conversation, Jeffrey explored how sustainability can serve as a powerful catalyst for innovation—fueling creativity, unlocking business value and generating meaningful societal impact. He also emphasized MilliporeSigma’s commitment to embedding sustainability across its entire value chain—rather than isolating it in a silo. This ecosystem approach helps integrate sustainability throughout the product lifecycle, from design to end-of-life, positioning it as a strategic imperative.

Other key highlights from the session include:

  • How everyday creativity can inspire sustainability innovation. Jeffrey shared how a simple QR code scan on a coffee cup—showing nutrition and allergen information—prompted him to rethink transparency for MilliporeSigma’s products. The result: developing a way for the company’s 2D barcodes on its 300,000+ diverse products to enable customers to access sustainability data like Product Carbon Footprinting—covering greenhouse gas impact of a product cradle-to-gate.
  • The importance of leadership-driven cultural alignment. By encouraging innovation and cross-functional connection, MilliporeSigma is cultivating a culture that sees environmental and social challenges not as roadblocks—but as opportunities for transformation and shared progress.
  • The impact of cross-industry collaboration in driving sustainability impact and future innovation. For example, Jeffrey spotlighted MilliporeSigma’s expanded partnership with Beyond Benign, a green chemistry education nonprofit. Together, they are driving systematic change in chemistry education by offering open access to online green chemistry resources and training and involving several higher education institutions around the world to make green chemistry an integral part of chemistry education. These efforts help better prepare next generation scientists with skills to address sustainability through chemistry. Beyond education, Jeffrey also discussed how MilliporeSigma is enabling sustainability across its ecosystem by offering a first-of-its-kind customer sustainability dashboard that guides more responsible decisions and by creating supplier toolkits that offer actionable steps for reducing environmental impact.

Watch Jeffrey’s full Fireside Chat on YouTube to hear more insights firsthand.

To explore the many initiatives MilliporeSigma is driving to bolster global sustainability innovation, visit the company’s Sustainability and Social Business Innovation webpage.

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Decarbonization Strategy: From Ambition to Action in Our Climate Transition Plan

This article is authored by Emily Vesling, Director of Sustainability, Trane Technologies.

In a decade defined by the increasing impact of climate change on people and companies, the question is no longer why environmental sustainability matters, but how and when global companies will deliver on commitments — and are the plans part of the broader business strategy? At Trane Technologies, our Climate Transition Plan (CTP) answers that “how,” translating our sustainability commitments into a strategic roadmap for our science-based trajectory to net-zero by 2050.

Our CTP (the first of its kind in our sector) is both a strategic plan and a living document that will be updated as our approach evolves. It differs from the reports that many sustainability practitioners are accustomed to seeing. Rather than cataloging last year’s results, like a sustainability report, our climate transition plan looks forward, outlining the near- and long-term actions we will take on our path to net-zero. It also is deeply focused on a single topic — climate.

A strong framework for decarbonization

By aligning our company-wide climate transition plans with the Transition Plan Taskforce (TPT) Disclosure Framework, we’re leading by example and setting a practical, actionable path that the entire industry can follow, and we hope that they do.

The TPT Framework summarizes the transition to net-zero with three pillars: ambition, action and accountability. In our CTP, we used the same pillars to define our business sustainability strategy — with a goal to create a decarbonized and strong value chain.

Business resilience, defined as the capacity to anticipate and adapt to climate-related business disruption, is the connective tissue of those pillars. By translating ambition and action into an operational model that guides amid rapid change, resilience incentivizes business innovation to accelerate decarbonization, create business value and future-proof our company.

Ambition: our bold environmental sustainability targets

Our Climate Transition Plan connects vision to action, outlining a strategy for investment and innovation to help achieve our bold climate commitments. The ambition pillar of our CTP articulates clear, science-based milestones that have already put us on the road to a decarbonized future.

By 2030, our industry-first Gigaton Challenge will help our customers avoid one billion metric tons of emissions (from a 2019 baseline). We will move toward completely carbon neutral operations over that same period, reducing embodied carbon by 40% and transitioning to a fully electrified transportation fleet. These near-term 2030 goals are critical stepping stones on the path to our long-term goal of a net-zero value chain by 2050. With these industry-leading commitments, we set the stage to turn our decarbonization ambitions into action.

Action: decarbonization levers in motion

Delivering on those commitments requires coordinated action across our entire business. The key levers of our CTP and strategy are based on three focus areas: decarbonizing our operations, our sold products and our products’ life cycle. Together, these levers address every link in our value chain.

Decarbonization starts at home, and we’re doing the hard steps first by prioritizing renewable energy in our own facilities. Our La Crosse, Wisconsin facility, for example, runs entirely on electricity generated from renewable sources. We’re also phasing out high-emission refrigerants and tightening leak-detection processes while accelerating fleet electrification and developing advanced analytics for energy efficiency. Investing in these levers helps eliminate the emissions linked to our operations while also future proofing our business.

Decarbonizing the use of our products is a top priority because it represents over 98% of our carbon footprint, so we’re prioritizing the transition to high-efficiency equipment sales and expanding our product mix to accelerate electrification — while also focusing on system-level energy efficiency. The U.S. Department of Energy estimates that high-efficiency equipment can reduce energy consumption by up to 50%. Our transition to low global warming potential (GWP) refrigerants also showcases our progress and commitment to efficiency, with years of research and development focused on cutting refrigerant GWP by up to 78% without compromising performance.

We’re tackling the decarbonization of our products’ life cycle with equal rigor. From re-engineering material specifications to decrease the carbon footprint of materials, to supporting supplier decarbonization efforts with our sustainable procurement policy, we’re reducing emissions throughout our products’ entire service life.

Our circularity strategy covers every segment of our value chain, prioritizing sustainable design, maintenance, remanufacturing, reuse and end-of-life planning. This approach focuses on keeping valuable resources in use while reducing emissions, turning our supply chain into a regenerative loop while supporting business growth.

Together, this set of concrete levers accelerates our net-zero momentum, turning action into measurable impact.

Accountability: governance, metrics and transparency

Ambition and action carry weight only when accountability is embedded at all levels, from the boardroom to operations. Our Board of Directors provides oversight for our climate strategy, tracking performance against our sustainability commitments. Annual incentives for senior leadership are linked to our progress, aligning business performance with our decarbonization strategy and goals.

Progress against our Climate Transition Plan is disclosed publicly each year in our Sustainability Report. We use the GHG Protocol standards to measure and manage our progress toward our emissions reduction targets. To confirm the accuracy of our emissions calculations, we perform annual audits through an internal assurance process and use an independent third party to verify select emissions data that is included in our reporting.

The CTP is also a valuable tool for internal alignment and building shared momentum. The process of creating our CTP required extensive cross-functional collaboration throughout our organization, bringing a wide range of stakeholders together around our climate roadmap. This internal coordination keeps everyone on the same page, working towards our shared goal.

Looking ahead: collaboration for scale and impact

We know that climate risk is business risk, but climate innovation is also a business opportunity. The Trane Technologies Climate Transition Plan doesn’t just mitigate operational threats — it positions us to lead in a low-carbon economy. By operationalizing our climate strategy, we’re taking action to align with international climate agreements while preparing our business for future policy, market and technological changes.

We invite our stakeholders to join us in this important work. We ask our customers to participate by prioritizing decarbonized products and solutions, and our suppliers to join our low-carbon-materials journey. We call on policymakers to set standards that reward sustainable innovation and environmental stewardship. And we encourage talented individuals who are passionate about sustainability to come build their careers with us.

Together, we can drive systemic change to mitigate climate threats, create business value and fuel innovation. And together, we will demonstrate that embedding climate planning and resilience in business strategy is not just important — it’s good business.

Discover more in our Climate Transition Plan and see our progress in our 2024 Sustainability Report.

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Center for Energy Workforce Development Champions Energy Careers to Strengthen Workforce of Tomorrow

CEWD’s call for jobseekers underscores energy careers as rewarding paths for every background

WASHINGTON, July 17, 2025 /PRNewswire/ — As energy demand grows and infrastructure evolves, the U.S. energy industry expects to add more than 32 million jobs over the next decade. The Center for Energy Workforce Development (CEWD) is pushing forth efforts to fuel the talent pipeline, working alongside industry workforce experts to encourage individuals across all communities to explore dynamic, well-paying, and purpose-driven careers.

Careers span the full spectrum of the industry—from electricians, lineworkers, and pipefitters to cybersecurity analysts, IT specialists, and customer service professionals. Employers are increasingly focused on skills-based hiring and investing in on-the-job training for skilled positions, welcoming candidates with a range of educational backgrounds and experiences.

“The scale of opportunity in energy right now is unmatched,” said Missy Henriksen, Executive Director of CEWD. “This is a sector that values skills, offers stability and growth, and powers the nation’s future. Whether you’re transitioning from another field, just starting your career, or looking to grow into something new, there’s a place for you in energy. We’re ready to help you find it.”

As the workforce grows, so does the importance of representation. Latinos now make up nearly one in five U.S. workers and are projected to drive future labor force growth. Gen Z is expected to make up one-third of the workforce by 2030, yet fewer than one in five report strong awareness of energy career pathways. Meanwhile, military veterans represent a ready and valuable talent pool, bringing leadership, discipline, and a strong focus on safety to the industry.

CEWD and its partners are committed to building a workforce that reflects the communities the industry serves. This means opening doors for individuals of all backgrounds through training and education pathways.

Jobseekers can explore career options, access training resources, and find real-time openings through CEWD’s Get Into Energy platform. To learn more, visit www.GetIntoEnergy.org.

About The Center for Energy Workforce Development 
The Center for Energy Workforce Development (CEWD) is a non-profit consortium of electric, natural gas, nuclear, and renewable energy companies, and their associations, committed to the development of a skilled, diverse energy workforce. To learn more, visit www.CEWD.org.

Contact:
Meagan Dominick
Vault Communications, Inc.
mdominick@vaultcommunications.com
773-369-4255

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SOURCE Center for Energy Workforce Development

NYCRC-MANAGED ENTITY PROVIDES FUNDING FOR CONSTRUCTION OF 9TH CHARTER SCHOOL IN NEW YORK CITY

Closed transaction will help fund construction of the 700-student Bold Charter School in the Bronx

NEW YORK, July 17, 2025 /PRNewswire/ — The New York City Regional Center is pleased to announce the closing of $19 million in New Market Tax Credit financing to assist with the construction of a new 60,000 square foot charter school in the Bronx. This is the ninth charter school in the city that has utilized New Market Tax Credit funding from a New York City Regional Center-managed entity and the sixth in the Bronx. The new school will be home to approximately 700 students in grades K through 8 and will be run by Bold Charter School, a growing Bronx-based charter school network. The school will feature 27 classrooms, small breakout rooms, an art room, music room, cafeteria, gymnasium, as well as science labs and administrative spaces. 

Established in 2019, Bold Charter School’s stated mission “is to build world-class K-12 public schools that challenge and empower all students to excel in college and life.” The organization works to help “students graduate accomplished both academically and personally, prepared to lead self-determined and purposeful lives.” The new school will be constructed by Civic Builders, the nation’s leading non-profit charter school developer. It is anticipated that approximately 96% of the 700 students will qualify as low-income. 

This $19 million transaction utilized a portion of a previous year’s $45 million New Market Tax Credit award from the U.S. Department of Treasury to NYCR-CDE, a Community Development Entity managed by New York City Regional Center. To receive a New Market Tax Credit allocation award, NYCR-CDE was required to demonstrate a mission and track record of providing investment capital for low-income communities.

Since 2016, NYCR-CDE has received seven separate annual tax credit awards totaling $315 million. Examples of previous fundings include:

  • Construction of the National Urban League’s new headquarters in Harlem
  • Redevelopment of the Major Owens Community Center in Brooklyn
  • Redevelopment of the Armory Track & Field Center in Washington Heights
  • Expansion of St. John’s Episcopal Hospital Center in Far Rockaway
  • Construction of eight charter schools
    • $23 million for DREAM in the South Bronx

    • $20 million for Achievement First Linden Middle School in Brooklyn

    • $20 million for KIPP NYC in the Bronx

    • $18 million for Neighborhood Charter School in the Bronx

    • $18 million for Promise Academy II in East Harlem

    • $15 million for Comp Sci High in the Bronx

    • $15 million for DREAM in the South Bronx

    • $11 million for Ascend Charter Schools in Brooklyn

The New Market Tax Credit Program was created by Congress in 2000 in an effort to stimulate private investment and economic growth in low-income neighborhoods and rural communities that lack access to capital. Historically, low-income communities often have difficulty attracting investment. The program aims to break this cycle of disinvestment by attracting the private investment necessary to reinvigorate struggling local economies. Private capital is incentivized by providing federal income tax credits to investors in exchange for making equity investments in low-income neighborhoods.

About New York City Regional Center

New York City Regional Center (“NYCRC”) was approved by the United States Citizenship and Immigration Services in 2008 to secure foreign investment for real estate and infrastructure projects under the EB-5 Immigrant Investor Program. Congress created the EB-5 program to stimulate economic development through foreign investment. The program’s mandate is to use foreign investment to spur job creation while simultaneously affording eligible foreign investors the opportunity to become lawful permanent residents of the United States. NYCRC was the first EB-5 regional center approved in New York City. 

Over the past 17 years, NYCRC has put $1.58 billion of EB-5 capital and $315 million of New Market Tax Credit capital to work across a broad spectrum of infrastructure and real estate projects in New York City. Much of this capital has been invested in low-income areas in need of long-term economic growth. Examples include:

  • $873 million to finance ground-up, redevelopment, and infrastructure projects in Brooklyn, including seven projects totaling $385 million in the Brooklyn Navy Yard
  • $321 million to finance ground-up construction in the Bronx
  • $232.5 million to finance the construction of a public high-speed wireless infrastructure network in New York City subway stations and along city streets
  • $127.5 million to finance ground-up and redevelopment projects in Washington Heights (an Upper Manhattan Empowerment Zone)

To date, 41 projects throughout New York City have utilized NYCRC EB-5 and New Market Tax Credit capital to assist in the construction of over 6.9 million square feet of new development and renovation as well as critical infrastructure initiatives. In addition to fueling economic development, NYCRC offerings have enabled over 6,000 individuals from 24 different countries to become permanent residents of the United States through the EB-5 Immigrant Investor Program. 

About the New Markets Tax Credit Program

Established by Congress in 2000, the New Markets Tax Credit Program assists economically distressed communities attract private investment capital. This federal tax credit helps to fill project financing gaps by enabling investors to make larger investments than would otherwise be possible. Communities benefit from the jobs associated with investments in manufacturing, retail, and technology. Communities also benefit from greater access to housing and public facilities in health, education, and childcare. 

Through the New Market Tax Credit Program, the U.S. Department of Treasury allocates tax credit authority to Community Development Entities (CDEs) through a competitive application process. CDEs are financial intermediaries through which investment capital flows from an investor to a qualified business located in a low-income community. CDEs use their authority to offer tax credits to investors in exchange for equity in the CDE. The tax credit provided to the investor totals 39 percent of the cost of the investment and is claimed over a seven-year period. With these capital investments, CDEs can make loans and investments to businesses operating in distressed areas that have better rates, terms, and flexibility than the market. Historically, for every $1 invested by the federal government, the New Market Tax Credit Program awards generated $8 of private investment.

Since 2001, $81 billion in New Market Tax Credits have been invested in low-income communities resulting in the construction or rehabilitation of approximately 259 million square feet of commercial real estate.

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SOURCE New York City Regional Center

Subaru Donations to ASPCA Exceed $40 Million Following the 2024 Subaru Share the Love® Event

We are thrilled to share that since the inception of our partnership with Subaru of America, Inc. in 2008, the ASPCA has received more than $41 million in vital funds from Subaru. This funding has helped improve the lives of nearly 250,000 animals across the United States through rescue, transport, adoption, wellness services and more.

Last year, we were officially named the national charity partner for the Subaru Loves Pets program. Throughout October 2024, over 630 Subaru retailers provided direct funding through grants administered by the ASPCA to their local animal welfare partners to help cover costs for preparing animals for adoption, veterinary expenses and more. Many Subaru retailers also hosted adoption, microchipping or other types of events in their stores to help ensure more pets can find loving homes in their communities.

Additionally, we were one of four national charities to participate in the 2024 Subaru Share the Love® Event , which took place between November 21, 2024, and January 2, 2025. For every new Subaru vehicle purchased or leased during the campaign, Subaru of America, Inc. donated $250 to the purchaser’s/lessee’s choice among four national charity partners, or a local hometown charity(ies) supported by participating retailers. We have participated in the Subaru Share the Love Event for seventeen consecutive years.

As a result of the 2024 Subaru Share the Love Event, Subaru donated over $2.7 million to the ASPCA to support our nation’s most vulnerable animals. Thank you to everyone who supported us through not only the 2024 Subaru Share the Love Event, but every event since this collaboration began in 2008.

“We are incredibly grateful for Subaru’s unwavering commitment to animal welfare through the 2024 Subaru Share the Love® Event,” said Matt Bershadker, President & CEO, ASPCA. “Now in our 17 th year of partnership, Subaru’s generous support – alongside the dedication of local Subaru retailers and animal shelters across the country – has helped nearly 250,000 animals receive the care, protection, and second chances they deserve. This powerful, long-standing collaboration continues to improve the lives of animals in communities nationwide, and we’re proud to stand alongside Subaru and its partners in this lifesaving work.”

On behalf of the many animals that we serve, we extend our sincere gratitude to Subaru for their dedication and commitment to supporting animal welfare nationally and their retailers for supporting animals in need in their local communities.

Learn more about our partnership with Subaru and how we’re helping animals together.

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