To Boost Affordable Housing, a New York Bank Launched an Investment Fund
American Banker, July 20, 2022–John Reosti
NBT Bancorp in Norwich, N.Y., is leveraging a core competency, commercial real estate lending, as part of a project that aims to increase the stock of affordable housing in its footprint, burnish its Community Reinvestment Act profile and generate a return on investment.
https://www.americanbanker.com/news/to-boost-affordable-housing-a-new-york-bank-created-an-investment-fund