Cambridge Savings Bank Invests Million in Healthy Neighborhoods Equity Fund II
[June 08, 2023] Cambridge Savings Bank Invests $1 Million in Healthy Neighborhoods Equity Fund II Cambridge Savings Bank (CSB), a full-service mutu...
[June 08, 2023] Cambridge Savings Bank Invests $1 Million in Healthy Neighborhoods Equity Fund II Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, today announced that it has invested $1 million in Healthy Neighborhoods Equity Fund II (HNEF II). Developed by Massachusetts Housing Investment Corporation (MHIC) and Conservation Law Foundation (CLF), HNEF II doubles the size of the first Healthy Neighborhoods Equity Fund (HNEF I), created to finance inclusive mixed-use developments near public transportation that offer retail, housing, and social services to support healthier communities.