·  July 22-26, Keith B. Key, Lori Wynne and Negasi Gebreyes attend the 17th Annual Conference of the National Black Chamber of Commerce, 17th Annual Conference, The Fairfax at Embassy Row.
·  The KBK-DC staff and Mr. Key attended the 2009 Congressional Black Caucus Sept. 23-26.
·  Sept. 30th the KBK-DC staff attended the Shaw District Community [...]

Churchill House
Harlem, New York, NY
14-Story Multi-Family Dwelling
September 15th we paid off the construction loan and closed the permanent debt financing on the $14 million Churchill transaction in NYC. The total debt amount includes bond financed Senior Note and a Subordinate IRP Decoupled Note. The property is 100% occupied, has a new 20 year Sec 8 [...]

Keith B. Key has been selected to receive the 2009 Omega Psi Phi Fraternity Achievement Award for Business by the Iota Chapter in Pittsburgh, PA. The black-tie ceremony will be held on Nov. 21st. This is a very special honor for Mr. Key as a member of this great fraternity, and to be recognized by [...]

·  Ms. Janice White, a Garfield resident, has been selected as the new property manager for Garfield Heights.
·  Applications have begun for Phase 1 of Garfield Heights. We have over 175 potential applicants for the 40 remaining units and we haven’t even begun the advertising campaign!
·  Keith B. Key was the guest speaker at the [...]

To-date, there have been 23 local residents hired on the Garfield site as of the end of September 2009!
We have 33.4% Minority Business Enterprises Participation (18% goal) and 11.5% Women-Owned Business Enterprises participation (7% goal). There are the highest numbers in the history of the Housing Authority of the City of Pittsburgh and perhaps the [...]

KBK Enterprises was pleased to host the groundbreaking ceremony for the redevelopment of B.W. Cooper on Thursday, October 15th along with the Housing Authority of the New Orleans and HUD. With a total attendance of over 200, all tenants were invited to attend along with many dignitaries.
Speakers during the ceremony were HUD Secretary Shaun Donavan, [...]

Keith B. Key, Michael E. Flowers, V.P. and Chief Legal Officer and Negasi Gebreyes, Business Development, KBK-DC travelled to Johannesburg and East London at the request of the South African Consulate General in Chicago, Madame Ambassador Nomvume P. Magaqa.

On September 30th we closed with the equity investor (PNC Bank) and the Housing Authority on the Owner Entity financing for Garfield Phase 2. This development, contiguous to Garfield Phase 1, is 45 units of new construction with total development costs of approximately $15.7 million. Construction on the site will begin in October and completed [...]

Sept. 17th Mr. Key attended and participated in the OSU UITI panel discussion held at Salt Fork Conference Center & State Park in Cambridge, Ohio. The attendees were professionals and various members of fraternities and sororities on OSU’s campus and the topic center around leadership.