Huntington Bank Commits $80 Billion to Support Affordable Housing, Small Businesses and Local Communities
Huntington announced a new five-year, $80 billion Community Plan designed to expand access to capital for affordable housing, small businesses and community development. The plan allocates $40 billion to consumer and home lending, $22 billion to small business formation, and $18 billion to community development, with $32 billion specifically directed toward under-resourced communities.
Key figures
- Plan total
- $80 billion
- State count
- 21
- Branch count
- 1400
- Total assets
- $284 billion
- Prior plan loans
- $37.8 billion
- Community dev target
- $18 billion
- Small business target
- $22 billion
- Under resourced target
- $32 billion
- Consumer lending target
- $40 billion
AI analysis
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