Caritas Communications

Cambridge Savings Bank Supports ROC USA’s Mission to Improve Affordable Housing Options in the Northeast with $15.3 Million in Lending Since 2021

Retrieved on: 
Wednesday, April 12, 2023

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 provided $15.3 million in financing to ROC USA ® since 2021.

Key Points: 
  • 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 provided $15.3 million in financing to ROC USA ® since 2021.
  • ROC USA provides training to affiliate nonprofits and homeowners in resident-owned communities (ROCs), as well as financial resources to help families build wealth through collective ownership.
  • The bank also donated to Cambridge Housing Authority and Caritas Communities to support programs focused on combating homelessness in Boston last year.
  • To learn more about CSB’s custom lending solutions, please visit cambridgesavings.com or contact Adam Bispham at [email protected] .

Advisors Living Brokers Sale of 46 Winter St. in Quincy

Retrieved on: 
Tuesday, September 27, 2022

Boston, Massachusetts--(Newsfile Corp. - September 27, 2022) - Advisors Living represented the sellers of 46 Winter St., a 17-unit residence in Quincy, MA, in a sale to Caritas Communities, Inc., an independent, non-sectarian, nonprofit housing provider with a portfolio of 33 residences in the Greater Boston area that house more than 1,000 single men and women.

Key Points: 
  • Boston, Massachusetts--(Newsfile Corp. - September 27, 2022) - Advisors Living represented the sellers of 46 Winter St., a 17-unit residence in Quincy, MA, in a sale to Caritas Communities, Inc., an independent, non-sectarian, nonprofit housing provider with a portfolio of 33 residences in the Greater Boston area that house more than 1,000 single men and women.
  • To view the full announcement, including downloadable images, bios, and more, click here .
  • Advisors Living the residential real estate platform associated with Boston Realty Advisors.
  • Boston Realty Advisors is the largest Boston-based independent commercial real estate and consulting firm.

Cambridge Savings Bank Provides Strategic Land Ventures with $84.5 Million in Funding to Support the Construction of Mixed Income Housing

Retrieved on: 
Tuesday, August 30, 2022

In addition to a variety of market-rate options, the projects will add 61 critically needed affordable housing units to the Winchester community.

Key Points: 
  • In addition to a variety of market-rate options, the projects will add 61 critically needed affordable housing units to the Winchester community.
  • Additionally, CSB offered financial support to Cambridge Housing Authority and Caritas Communities to help support the fight against homelessness in the Greater Boston area earlier this year.
  • Our partners at Cambridge Savings Bank have been the perfect consultants for this project given their intimate awareness of the apartment construction process and experience in affordable housing development, said Geoff Engler, Managing Partner of Strategic Land Ventures.
  • We look forward to partnering with them as we continue to bring exciting mixed-income housing options to the Boston market.

Cambridge Housing Authority, Caritas Communities Work with Cambridge Savings Bank to Support Programs Focused on Combatting Homelessness in Boston

Retrieved on: 
Thursday, March 3, 2022

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced its financial support for two organizations fighting back against homelessness in the Boston area: Cambridge Housing Authority (CHA) and Caritas Communities .

Key Points: 
  • Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, today announced its financial support for two organizations fighting back against homelessness in the Boston area: Cambridge Housing Authority (CHA) and Caritas Communities .
  • To help CHA finance 52 units of affordable housing in Cambridge, CSBs Corporate Banking team developed a customized lending package.
  • We are proud to partner with a bank that has such a devoted passion for giving back to the community.
  • Cambridge Housing Authority (CHA) provides long-term rental housing and rental assistance to more than 5,500+ low-income families, elders and disabled individuals through its Public Housing and Housing Choice Voucher (HCV) Programs.