November 1, 2019 - Issue: Vol. 165, No. 174 — Daily Edition116th Congress (2019 - 2020) - 1st Session
IN RECOGNITION OF TRAVOIS, INC.; Congressional Record Vol. 165, No. 174
(Extensions of Remarks - November 01, 2019)
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[Extensions of Remarks] [Page E1394] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] IN RECOGNITION OF TRAVOIS, INC. ______ HON. EMANUEL CLEAVER of missouri in the house of representatives Friday, November 1, 2019 Mr. CLEAVER. Madam Speaker, I rise today, along with my esteemed colleague, Rep. Sharice Davids, of Kansas City, Kansas to recognize Travois, Inc., a Certified B Corporation headquartered in Kansas City, that has been named a ``Best For The World'' honoree by B Lab. Travois focuses exclusively on promoting housing and economic development for American Indian, Alaska Native, and Native Hawaiian communities. We are proud to have this socially and environmentally conscious company in the Kansas City metro region. Since its establishment in 1995, Travois has generated $1.4 billion in housing and economic development in American Indian, Alaska Native, and Native Hawaiian communities, helping clients build or rehabilitate more than 5,400 affordable homes. The company has brought more than $800 million in private investor equity to more than 200 developments in Indian Country. Travois raises capital for this purpose through the Low-Income Housing Tax Credit program, the New Markets Tax Credit program, and through impact investors. Travois' work promotes public benefits, is designed to solve social- and environmental issues, creates economic opportunity for individuals and communities, and focuses on underserved populations. The company also finances critical economic development projects, including infrastructure, healthcare, community centers, education facilities, and senior living centers in 22 states. Additionally, it provides employee benefits like on-site daycare and uses an extensive renewable energy system of rooftop solar panels to power its headquarters building. Travois has been honored in two categories of Best For the World: Overall and Customers. It earned recognition as Best for the World: Overall due to its rank in the top 10 percent of all B Corporations worldwide across all six impact areas--environment, workforce, local communities, supplies, customers, and corporate governance. It is one of only 119 U.S. companies that were recognized with this honorary designation and is the only Missouri-based company in this category. The Best For the World recognition is administered by the global nonprofit B Lab, which certifies and supports Certified B Corporations that are dedicated to using business as a force for good. The 3,000 B Corporations are spread across 64 countries and 150 industries, unified by the common goal of redefining success in business. These corporations, including Travois, meet the highest standards of verified social and environmental performance and are assessed by the overall positive impact of their business model. Madam Speaker, please join Rep. Davids and myself in congratulating Travois, Inc. for being awarded as a Certified B Corporation Best For The World 2019 honoree. Travois' outstanding achievement and dedication to sustainability and social justice are truly admirable, and we are privileged to have such an organization in our Kansas City region. ____________________