PRESS RELEASE! NHS OF NEW HAVEN ANNOUNCES MORE THAN $7,000 IN FUNDING FROM WEBSTER BANK

For Immediate Release
February 7, 2017
Maria Perez-Martinez, 475-227-0530, mmartinez@nhsofnewhaven.org

NEIGHBORHOOD HOUSING SERVICES OF NEW HAVEN
ANNOUNCES MORE THAN $7,000 IN FUNDING FROM WEBSTER BANK

NEW HAVEN, CT – Neighborhood Housing Services of New Haven announced today that Webster Bank has contributed nearly $8,000 under the Connecticut Neighborhood Assistance Act (NAA) Tax Credit Program. The NAA Tax Credit Program is designed to provide funding for municipal and tax exempt organizations.

Webster Bank’s funding will support energy conservation workshops offered by NHS subsidiary, the New Haven HomeOwnership Center. Workshops are held in NHS’ Home Improvement and Energy Conservation Lab and provide a vital perspective (both financially and environmentally) for prospective and current homeowners. Participants learn about the measures they can take to reduce their energy consumption and lower their utility bills. Neighborhood Housing Services of New Haven and The New Haven HomeOwnership Center look forward to continuing these class offerings and expanding the number of new and existing homeowners who will benefit from the materials presented in their energy conservation workshops.

“Webster Bank’s funding of our programs clearly demonstrates the bank’s strong commitment to energy conservation and financial responsibility,” said Bridgette Russell, managing director of the New Haven HomeOwnership Center. “Webster Bank’s contribution is a strong reaffirmation of its support of our work to revitalize New Haven’s most challenging neighborhoods.”

“We are pleased to support Neighborhood Housing Services of New Haven through our CRA program,” said Jeff Klaus, regional president for Connecticut at Webster.  “By investing in our communities, they become stronger and more vibrant and we applaud the agency’s commitment to this goal and to reducing our carbon footprint by reducing energy consumption.”

LtR: Jeff Klaus, Webster Bank Regional President-Connecticut; Kevin Moran, Webster Bank Senior Vice President, Sales Team Manager; Jessica Buchanan, NHS of New Haven Resource Development Specialist; Nikki Westfall, AmeriCorps VISTA Member; Henry Dynia, NHS of New Haven Director of Design and Construction

Neighborhood Housing Services of New Haven and its subsidiary the New Haven HomeOwnership Center, work to revitalize selected neighborhoods in New Haven by increasing homeownership; making homes beautiful, energy-efficient, and affordable; and helping residents take charge of their neighborhoods. We believe that increased homeownership, educated homebuyers, and rehabilitated houses will produce stable, revitalized neighborhoods that our clients will be proud to call home. During the course of our 37-year history, NHS has fully renovated and sold more than 270 houses to low- and moderate-income families (www.nhsofnewhaven.org). NHS of New Haven is a chartered member of the NeighborWorks America network (www.nw.org). 

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $25.6 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 175 banking centers and 350 ATMs. Webster also provides telephone banking, mobile banking, and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

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