Cambridge Trust Commits up to Million to Finance Affordable Housing with New Hampshire Housing

BEDFORD, N.H., Nov. 1, 2022 /PRNewswire/ -- Amid a continuing shortage of affordable housing in the state, Cambridge Trust and New Hampshire Housin...

November 1, 2022
12:00 AM

BEDFORD, N.H., Nov. 1, 2022 /PRNewswire/ -- Amid a continuing shortage of affordable housing in the state, Cambridge Trust and New Hampshire Housing announced a commitment of up to $30 million to finance affordable housing construction in the Granite State.Cambridge Bancorp Logo (PRNewsfoto/Cambridge Bancorp)(PRNewswire)As part of the three-year agreement, Cambridge Trust will provide New Hampshire Housing with funds to finance the construction of rental housing, with a focus on supporting low- and moderate-income households and nonprofit developers in the communities that Cambridge Trust serves.

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