HDF is thankful to announce that we have received $20K from M&T Bank to assist us with COVID-19 related expenses!
For over 30 years, The Housing Development Fund has strived to provide hardworking members of our community the financial tools they need to achieve equitable opportunities at homeownership. Our belief in this mission is founded on the understanding that homeownership can transform a family’s future for the better. The Coronavirus pandemic has thrust us into an economic crisis, and we want to be able to continue to provide support to our communities so that they may continue to find home throughout these uncertain times. However, we would not be able to do so, if it were not for the generous grant of $20,000 from M&T Bank to assist HDF with COVID-19 related expenses. This recent act of generosity from M&T is emblematic of the strong support they have shown us over the years, and we are grateful for their continued partnership and philanthropy.
M&T has a long history of providing financing and making investments that expand affordable housing and support the growth of small business. We’ve established a clear track record for facilitating the purchase and rehabilitation of housing for our neighbors and for generating economic activity in our communities. And we provide access to a full range of banking products and services through convenient banking locations across our entire footprint.
As a result of this steadfast commitment, M&T Bank has earned the highest rating awarded by both the Federal Reserve Bank of New York and the NYS Department of Financial Services for each of our periodic performance evaluations since 1989.