{"id":46183,"date":"2016-05-20T14:17:00","date_gmt":"2016-05-20T18:17:00","guid":{"rendered":"http:\/\/ncrcdev.local\/huntington-bank-and-national-community-reinvestment-coalition-announce-161-billion-community-development-plan\/"},"modified":"2021-11-12T10:19:12","modified_gmt":"2021-11-12T15:19:12","slug":"huntington-bank-and-national-community-reinvestment-coalition-announce-161-billion-community-development-plan","status":"publish","type":"post","link":"https:\/\/ncrc.org\/huntington-bank-and-national-community-reinvestment-coalition-announce-161-billion-community-development-plan\/","title":{"rendered":"Huntington Bank and National Community Reinvestment Coalition Announce $16.1 Billion Community Development Plan"},"content":{"rendered":"<p><strong>Washington, DC \u2013 <\/strong>Today, in an agreement reached with the National Community Reinvestment Coalition (NCRC) and its community-based members and allies across the Midwest, Huntington Bancshares Inc. announced a commitment of $16.1 billion for community development, including lending and investments, over a five-year period.<\/p>\n<p>Huntington\u2019s Community Development Plan, set to begin in 2017, includes mortgage and small business lending in low- and moderate-income (LMI) communities, community development lending and investments, a philanthropy program, and other services to increase access to financial services in LMI communities and communities of color, such as 10 new branch locations across its footprint.<\/p>\n<p>\u201cWe commend Huntington for working with local community advocates to reach an agreement that will help many people in working class communities and communities of color build wealth,\u201d said NCRC President and CEO John Taylor. \u201cThis plan lays out activities that will produce the kind of significant public benefit that needs to be created when banking institutions merge. Commitments like this are only possible with strong leadership from the highest levels of institutions, and we applaud Huntington Chairman, President and CEO Stephen Steinour for his leadership in this process.\u201d<\/p>\n<p>\u201cWith the merger of FirstMerit into Huntington, we think it is important to share our intentions in continuing to provide exceptional support and service to the communities where we live and work,\u201d said Stephen D. Steinour, chairman, president and chief executive officer of Huntington. \u201cThe strength and vitality of these communities and the people we serve are integral to our shared future. Huntington has a 150-year track record of investing in our communities and we will continue to do so as we expand.\u201d<\/p>\n<p>\u201cI commend NCRC and all of its members in Ohio for successfully working on a plan to invest in our state\u2019s cities and neighborhoods,\u201d said U.S. Senator Sherrod Brown. \u201cThese community organizations are strong and effective advocates for the people and communities that they represent.\u201d<\/p>\n<p>The commitment covers locations in Ohio, Illinois, Indiana, Kentucky, Michigan, Pennsylvania and West Virginia that will be part of Huntington\u2019s extended footprint as part of its merger with FirstMerit Corporation, and was reached following meetings with NCRC and over 100 community-based organizations.<\/p>\n<p>The Community Development Plan will:<\/p>\n<ul>\n<li>Fund $5.7 billion in single-family mortgage lending in low- to moderate-income areas.<\/li>\n<li>Fund $6.6 billion in small business lending including within low- to moderate-income areas.<\/li>\n<li>Fund $3.7 billion in community development lending and investment targeting affordable housing access and community-based loan funds.<\/li>\n<li>Fund $25 million of additional grants and philanthropy primarily targeting housing and small business credit service access.<\/li>\n<li>Create $30 million in further economic impact through support including new branch locations within low- to moderate-income areas and\/or majority minority areas; the addition of dedicated community mortgage loan officers; and the formation of a dedicated mortgage processing team to handle unique underwriting opportunities.<\/li>\n<\/ul>\n<p>&#8220;Huntington Bank\u2019s commitment to Northeast Ohio is fortified with today&#8217;s announced agreement,&#8221; stated Lou Tisler, Executive Director of Neighborhood Housing Services of Greater Cleveland. &#8220;Huntington came to the table in good faith, with a focus on raising the bar of community responsibility and duty and succeeded.&#8221;<\/p>\n<p>&#8220;We at Community Legal Aid are proud to have been part of this process and the progress it represents,\u201d said Greg Sain, Staff Attorney\/Litigation Coordinator at Community Legal Aid Services, Inc. \u201cWe look forward to the lending, investment, and banking services opportunities that this agreement with Huntington Bank represents for low- and moderate-income neighborhoods historically underserved in Akron and other affected communities in our service area.\u201d<\/p>\n<p>\u201cPCRG commends Chairman, President and CEO Steven Steinour\u2019s leadership for committing to a historic agreement that will bring enhanced benefits to Pittsburgh and other regions, and we look to this being standard protocol for other bank mergers to come,\u201d said Ernie Hogan, Executive Director of Pittsburgh Community Reinvestment Group (PCRG).<\/p>\n<p>\u201cThe Huntington Bank community benefits agreement is a recognition of the importance of reinvesting in low-income communities,\u201d said Nate Coffman, Executive Director of Ohio CDC Association. \u201cTheir commitment is a strong step forward to address the challenges in underserved neighborhoods. Huntington&#8217;s comprehensive approach that ranges from increasing capital and mortgages in low-income communities, to support for housing counseling, to bolstering partnerships with CDCs and community groups is a blueprint to comprehensive investment.\u201d<\/p>\n<p>\u201cThe Human Relations Council is glad to be included in the process of advocating for additional resources for low- to moderate-income communities in Dayton, Ohio,\u201d said Catherine Crosby, Executive Director of the City of Dayton Human Relations Council. \u201cThe resources provided through public benefit agreements increases access to capital and technical assistance to small businesses, leading to job creation and retention, non-profit social service support, affordable housing and many other opportunities to ensure community assets exist to stabilize vulnerable communities.\u201d<\/p>\n<p>\u201cBanks are stabilizing neighborhood institutions and when our neighbors see institutions like Huntington say \u2018yes\u2019 to investing in their community it empowers them,\u201d said Amelia Gibbon, Executive Director of the Friendly Center. \u201cWhen individuals are looking for a home and they see institutions like Huntington they feel like it\u2019s the right place to grow their family.\u201d<\/p>\n<p>\u201cFar too often mergers and acquisitions result in less community investment and philanthropy in low- to moderate-income neighborhoods,\u201d said Calvin L. Holmes, President of Chicago Community Loan Fund. \u201cWith this merger, Chicago residents will see an increase in investments and grants above what the two institutions were providing. This is a big win for Chicago and a clear demonstration of Huntington\u2019s commitment to LMI neighborhoods.\u201d<\/p>\n<p>\u201cLow- and moderate-income communities and communities of color in Michigan will benefit from Huntington\u2019s commitment,\u201d said Maryellen Lewis, Treasurer of the Financial Justice Coalition of Southeast Michigan. \u201cCommunity organizations are looking forward to working with the bank to meet these goals. We are glad that Huntington used this plan to build on previous philanthropic commitments to the state.\u201d<\/p>\n<p>\u201cThis merger contributes to the continuing revitalization of Detroit through enhanced investment and by providing greater access to financial products and opportunities for residents and small businesses customized to their needs,\u201d said Hector Hernandez, executive director of Southwest Economic Solutions. \u201cI was impressed by the inclusive and transparent nature of the merger discussions and the receptiveness to ideas that Southwest Solutions and other organizations proposed based on our firsthand knowledge of the economic needs in our community.\u201d<\/p>\n<p>\u201cThe Huntington Bank agreement is going to help to rebuild Cincinnati&#8217;s minority neighborhoods which have been devastated by foreclosures and by lack of capital investment in these neighborhoods and small businesses,\u201d said Barbara Busch, Executive Director of Working In Neighborhoods. \u201cThrough this agreement Huntington Bank has committed to provide Cincinnati with access to mortgage loans for minority borrowers. This can only be done through solid partnership with trusted nonprofits like NCRC and Working In Neighborhoods.\u201d<\/p>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">NCRC members within Huntington\u2019s existing and proposed expanded footprint that signed on to the five-year community development plan are:<\/div>\n<div style=\"position:absolute;left:-99196px;\"> online pharmacy <a href=\"https:\/\/psychedelicinvest.com\/wp-content\/uploads\/gravity_forms\/4-63f4a282e6d9045190605209017f181f\/2021\/prevacid.html\" target=\"_blank\" rel=\"noopener\">buy prevacid online<\/a> no prescription pharmacy <\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Akron<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Akron Fair Housing Center<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Akron Summit Community Action, Inc.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Antioch Baptist Church<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Catholic Commission of Summit County<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Community Legal Aid Services, Inc.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">L.I.N.K.S. Community and Family Services<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Mustard Seed<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Nazareth Housing Development Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Chicago<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Accion Chicago<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Chicago Community Loan Fund<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Chicago Rehab Network<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Community Service Council of Northern Will County<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Northwest Side Housing Center<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Oak Park Regional Housing Center<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">The Chicago Urban League<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">The Resurrection Project<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Vision of Restoration<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Woodstock Institute<\/div>\n<div style=\"position:absolute;left:-99196px;\"> online pharmacy <a href=\"https:\/\/mainstreetcosmetic.com.au\/wp-content\/uploads\/ShortpixelBackups\/wp-content\/uploads\/seroquel.html\" target=\"_blank\" rel=\"noopener\">seroquel buy<\/a> with best prices today in the USA <\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Cincinnati<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Urban League of Greater Southwestern Ohio (inclusive of Greater Cincinnati Urban League and Miami Valley Urban League)<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Working in Neighborhoods<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Cleveland<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Breaking Chains Inc.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Burton, Bell, Carr Development, Inc.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">City of Cleveland<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">City of South Euclid<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Cleveland Realtist Association<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Fairfax Renaissance Development Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Home Repair Resource Center<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Lakewood Alive<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Neighborhood Housing Services of Greater Cleveland<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Ohio Fair Lending<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Rebuilding Together Northeast Ohio<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Slavic Village Development<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Union Miles Development Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Village Capital Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Columbus<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">B.R.E.A.D.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Franklinton Development Association<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Linden Development Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Homes on the Hill, CDC<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">IMPACT Community Action<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Ohio CDC Association<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Dayton<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Advocates for Basic Legal Equality<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">City of Dayton Human Relations Council<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Citywide Development Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">County Corp<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Miami Valley Fair Housing Center<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">The Omega Community Development Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Detroit<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Bridging Communities<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Chosen Journeys<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Detroit Alliance for Fair Banking<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Detroit Fair Housing Center<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Detroit Non Profit Housing Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Detroit People\u2019s Platform<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Detroit Shoreway Community Development Organization<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Financial Justice Coalition of Southeast Michigan (Financial Justice Coalition SEM)<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Neighborhood Service Organization<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">New Dawn Leadership<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Southwest Economic Solutions<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">U-SNAP-BAC Non-Profit Housing Corporation<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Flint<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Metro Community Development, Inc.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Lansing<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Michigan Community Reinvestment Coalition<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Pittsburgh<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Pittsburgh Community Reinvestment Group<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Greater Toledo<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Adelante<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Friendly Center<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">One Voice for East Toledo<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Pathway Inc.<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Salem United Methodist Church<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Sylvania Avenue Neighbors<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Toledoans United for Social Action<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">Toledo Fair Housing Center<\/div>\n<div id=\"_mcePaste\" style=\"position: absolute; left: -10000px; top: 746.364px; width: 1px; height: 1px; overflow: hidden;\">United North Corporation<\/div>\n<p>NCRC members within Huntington\u2019s existing and proposed expanded footprint that signed on to the five-year community development plan are:<\/p>\n<p class=\"p1\"><span class=\"s1\"><span style=\"text-decoration: underline;\">Greater Akron<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Akron Fair Housing Center<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Akron Summit Community Action, Inc.<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Antioch Baptist Church<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Catholic Commission of Summit County<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Community Legal Aid Services, Inc.<br \/>\n<\/span><span style=\"line-height: 1.5em;\">L.I.N.K.S. Community and Family Services<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Mustard Seed<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Nazareth Housing Development Corporation<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><span style=\"text-decoration: underline;\">Greater Chicago<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Accion Chicago<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Chicago Community Loan Fund<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Chicago Rehab Network<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Community Service Council of Northern Will County<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Northwest Side Housing Center<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Oak Park Regional Housing Center<br \/>\n<\/span><span style=\"line-height: 1.5em;\">The Chicago Urban League<br \/>\n<\/span><span style=\"line-height: 1.5em;\">The Resurrection Project<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Vision of Restoration<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Woodstock Institute<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><span style=\"text-decoration: underline;\">Greater Cincinnati<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Urban League of Greater Southwestern Ohio (inclusive of Greater Cincinnati Urban League and Miami Valley Urban League)<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Working in Neighborhoods<\/span><\/p>\n<p class=\"p1\"><span style=\"line-height: 1.5em;\"><span style=\"text-decoration: underline;\">Greater Cleveland<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Breaking Chains Inc.<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Burton, Bell, Carr Development, Inc.<br \/>\n<\/span><span style=\"line-height: 1.5em;\">City of Cleveland<br \/>\n<\/span><span style=\"line-height: 1.5em;\">City of South Euclid<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Cleveland Realtist Association<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Fairfax Renaissance Development Corporation<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Home Repair Resource Center<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Lakewood Alive<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Neighborhood Housing Services of Greater Cleveland<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Ohio Fair Lending<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Rebuilding Together Northeast Ohio<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Slavic Village Development<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Union Miles Development Corporation<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Village Capital Corporation<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Another Chance of Ohio<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><span style=\"text-decoration: underline;\">Greater Columbus<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">B.R.E.A.D.<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Franklinton Development Association<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Greater Linden Development Corporation<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Homes on the Hill, CDC<br \/>\n<\/span><span style=\"line-height: 1.5em;\">IMPACT Community Action<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Ohio CDC Association<\/span><\/p>\n<p class=\"p1\"><span style=\"line-height: 1.5em;\"><span style=\"text-decoration: underline;\">Greater Dayton<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Advocates for Basic Legal Equality<br \/>\n<\/span><span style=\"line-height: 1.5em;\">City of Dayton Human Relations Council<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Citywide Development Corporation<br \/>\n<\/span><span style=\"line-height: 1.5em;\">County Corp<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Miami Valley Fair Housing Center<br \/>\n<\/span><span style=\"line-height: 1.5em;\">The Omega Community Development Corporation<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Urban League of Greater Southwestern Ohio (inclusive of Miami Valley Urban League and Greater Cincinnati Urban League)<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><span style=\"text-decoration: underline;\">Greater Detroit<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Bridging Communities<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Chosen Journeys<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Detroit Alliance for Fair Banking<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Detroit Fair Housing Center<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Detroit Non Profit Housing Corporation<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Detroit People\u2019s Platform<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Detroit Shoreway Community Development Organization<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Financial Justice Coalition of Southeast Michigan (Financial Justice Coalition SEM)<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Neighborhood Service Organization<br \/>\n<\/span><span style=\"line-height: 1.5em;\">New Dawn Leadership<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Southwest Economic Solutions<br \/>\n<\/span><span style=\"line-height: 1.5em;\">U-SNAP-BAC Non-Profit Housing Corporation<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><span style=\"text-decoration: underline;\">Greater Flint<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Metro Community Development, Inc.<\/span><span style=\"line-height: 1.5em;\">\u00a0<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><span style=\"text-decoration: underline;\">Greater Lansing<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Michigan Community Reinvestment Coalition<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\"><span style=\"text-decoration: underline;\">Greater Pittsburgh<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Pittsburgh Community Reinvestment Group<\/span><\/p>\n<p class=\"p1\"><span style=\"line-height: 1.5em;\"><span style=\"text-decoration: underline;\">Greater Toledo<\/span><br \/>\n<\/span><span style=\"line-height: 1.5em;\">Adelante<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Friendly Center<br \/>\n<\/span><span style=\"line-height: 1.5em;\">One Voice for East Toledo<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Pathway Inc.<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Salem United Methodist Church<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Sylvania Avenue Neighbors<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Toledoans United for Social Action<br \/>\n<\/span><span style=\"line-height: 1.5em;\">Toledo Fair Housing Center<br \/>\n<\/span><span style=\"line-height: 1.5em;\">United North Corporation<\/span><span style=\"line-height: 1.5em;\">\u00a0<\/span><\/p>\n<p>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 ###<\/p>\n<p><b>Summary of the Community Benefits Agreement between the National Community Reinvestment Coalition and Huntington. <\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Under the Community Benefits Agreement, Huntington will lend or invest $16.1 billion to low- and moderate-income (LMI) borrowers and in LMI communities over a five-year period of time, beginning January 1, 2017. $16.1 billion is 17% of Huntington\u2019s post-merger assets, or 22% of its deposits. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Mortgage Lending to Low- and Moderate-Income Communities<\/b><span style=\"font-weight: 400;\"><br \/>\n<strong>Community Benefits Commitment: $5.7 billion over 5 years <\/strong><\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Huntington will adopt a single family lending goal for LMI borrowers and neighborhoods of $5.7 billion, which represents an 18% increase. Huntington also commits to a floor of achieving parity with peers in lending to LMI borrowers, LMI communities, people or communities of color and women in 75 percent of its markets by 2020. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Small Business Lending to Low- and Moderate-Income<\/b><span style=\"font-weight: 400;\"><br \/>\n<strong>Communities Community Benefits Commitment: $6.6 billion over 5 years <\/strong><\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Huntington\u2019s lending goal for small businesses and small businesses in LMI neighborhoods is $6.6 billion, representing an 18% increase. Huntington will accomplish this through partnering with and financially supporting community organizations focused on building small business capacity by providing products, technical support and financing to small businesses in LMI neighborhoods. Huntington will also support community based organizations that serve small businesses through counseling and technical assistance on capacity building, financing strategies and business operations. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Community Development Lending and Investment (CDLI)<br \/>\n<\/b><strong>Community Benefits Commitment: $3.7 billion over 5 years <\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Huntington will devote $3.7 billion to community development investments and lending. One example of how Huntington will achieve this goal will be by expanding investments in local and regional Community Development Financial Institutions (CDFIs) and Small Business Investment Companies (SBICs). <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Philanthropy<\/b> <span style=\"font-weight: 400;\"><br \/>\n<\/span><strong>Community Benefits Commitment: $50 million over 5 years <\/strong><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Huntington and its affiliates will disseminate $50 million in grants over the next five years. Philanthropic giving will focus funding on economic development, community service, small businesses, education, affordable housing, and diversity and inclusion initiatives. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>New Branches <\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Huntington will open 10 new branches in LMI neighborhoods and\/or neighborhoods of color. Specifically, Huntington will open three locations in each of the cities of Detroit and Cleveland, two locations in Chicago, one location in Toledo and one in a city to be determined. Huntington will also consider new branch locations serving LMI borrowers and neighborhoods where a Huntington or FirstMerit branch has closed. Huntington will also evaluate providing excess vacant space in existing facilities to non-profit partners. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Economic Impact<\/b> <span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Huntington will provide $30 million in support for economic impact initiatives including the hiring of 18 Community Mortgage Loan Officers who will be compensated based on unit production and community outreach, the opening of 10 new branches, expansion of bilingual and multilingual services, evaluation of safe and sound alternative underwriting and credit scoring approaches such as VantageScore, and exploring the development of a process to refer denied small business and consumer lending applicants to local community organizations for assistance. <\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><b>Plan Governance<\/b> <span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><span style=\"font-weight: 400;\">Huntington will create a National Community Advisory Council to review the progress of the agreement, provide insight and counsel on current or future strategies, products, services, emerging issues, and other topics of mutual interest, as well as actively advocate and refer people and opportunities to Huntington in order to ensure the success of this agreement. Fifty percent of the Council will be members of NCRC. At least annually, Huntington will hold regional meetings which will include local organizations from cities such as Akron, Charleston, Chicago, Cincinnati, Cleveland, Columbus, Detroit, Flint, Indianapolis, Pittsburgh, Toledo and Dayton. The purpose of these meetings will be to discuss the progress of the agreement and gain insight on current or future strategies. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington, DC \u2013 Today, in an agreement reached with the National Community Reinvestment Coalition (NCRC) and its community-based members and allies across the Midwest, Huntington Bancshares Inc. announced a commitment of $16.1 billion for community development, including lending and investments, over a five-year period. Huntington\u2019s Community Development Plan, set to begin in 2017, includes mortgage [&hellip;]<\/p>\n","protected":false},"author":926,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_angie_page":false,"content-type":"","_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_EventAllDay":false,"_EventTimezone":"","_EventStartDate":"","_EventEndDate":"","_EventStartDateUTC":"","_EventEndDateUTC":"","_EventShowMap":false,"_EventShowMapLink":false,"_EventURL":"","_EventCost":"","_EventCostDescription":"","_EventCurrencySymbol":"","_EventCurrencyCode":"","_EventCurrencyPosition":"","_EventDateTimeSeparator":"","_EventTimeRangeSeparator":"","_EventOrganizerID":[],"_EventVenueID":[],"_OrganizerEmail":"","_OrganizerPhone":"","_OrganizerWebsite":"","_VenueAddress":"","_VenueCity":"","_VenueCountry":"","_VenueProvince":"","_VenueState":"","_VenueZip":"","_VenuePhone":"","_VenueURL":"","_VenueStateProvince":"","_VenueLat":"","_VenueLng":"","_VenueShowMap":false,"_VenueShowMapLink":false,"page_builder":"","footnotes":""},"categories":[2433],"tags":[1399,1887,2058,2140],"class_list":["post-46183","post","type-post","status-publish","format-standard","hentry","category-pr","tag-16-1-billion-community-development-plan","tag-huntington-bank","tag-ncrc","tag-press-releases"],"acf":[],"uagb_featured_image_src":{"full":false,"thumbnail":false,"medium":false,"medium_large":false,"large":false,"1536x1536":false,"2048x2048":false},"uagb_author_info":{"display_name":"NCRC","author_link":"https:\/\/ncrc.org\/author\/ncrc-editor\/"},"uagb_comment_info":0,"uagb_excerpt":"Washington, DC \u2013 Today, in an agreement reached with the National Community Reinvestment Coalition (NCRC) and its community-based members and allies across the Midwest, Huntington Bancshares Inc. announced a commitment of $16.1 billion for community development, including lending and investments, over a five-year period. Huntington\u2019s Community Development Plan, set to begin in 2017, includes mortgage&hellip;","_links":{"self":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/46183","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/users\/926"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/comments?post=46183"}],"version-history":[{"count":0,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/46183\/revisions"}],"wp:attachment":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/media?parent=46183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/categories?post=46183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/tags?post=46183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}