LIHTC Increases Could Boost Bank CRE Investment

Area bankers say the big boost to federal Low-Income Housing Tax Credits in President Donald Trump’s “One Big Beautiful Bill” could unlock more funds even though the rest of real estate is starved for capital.

Community Good Works

Rollstone Bank & Trust, based in Fitchburg, pledged $15,000 through its foundation to the Montachusett Veterans Outreach Center in Gardner, a nonprofit organization that supports military veterans and their families. See who else gave back.

Community Good Works

Fitchburg’s Rollstone Bank gave $10,000 to Ginny’s Helping Hand to help fund food, clothing and other daily basics for people in need in Leominster. See who else gave back.

Photos: 2023 in Philanthropy

The developers, banks, construction companies, credit unions, real estate brokerages, property managers and others in Massachusetts’ real estate and banking industries had a busy year when it came to giving.

Community Good Works

From financial literacy to nearly $100,000 for COVID-19 relief and support for veterans and first responders, banks and credit unions gave back to their communities in many ways recently.

Community Good Works

From small gifts, like seat cushions for elementary students learning outside due to COVID-19, to big donations that fund pilot programs at local schools, Massachusetts lenders and developers helped their communities out in many ways in recent weeks.

Personnel File

From new VPs to fresh project managers, see who’s been hired, promoted and honored: it’s The Personnel File.

ABA Recommends Face Masks in Banks

With the rise of coronavirus cases across the U.S. this summer, especially in southern and western states, the American Bankers Association has recommended that banks require anyone entering a branch to wear a face mask.

Community Good Works

Real estate developers and banks donated money and resources to help first responders, health care workers and communities fighting the COVID-19 pandemic and its efffects.

Community Good Works

Members of the banking, insurance and construction industries helped charitable causes in their communities with substantial donations in recent weeks.

Personnel File

In this week’s roundup, a number of financial organizations and commercial real estate companies have been hiring.