M&T Bank financing restores affordable homes

M&T Bank has entered into a financing agreement with the Portland Housing Development Corporation to facilitate the restoration of Sagamore Village. This initiative will preserve 200 affordable housing units in Portland, addressing critical community needs. The financing provided by M&T Bank is crucial for the revitalization project, ensuring the long-term availability of safe and affordable housing. This partnership underscores the bank's commitment to supporting community development and preserving essential housing resources.