Home Builder Banks

Bank of Astoria, Bank of America, U.S. Bank and Washington Mutual in Oregon have received $470,000 in grants from the Federal Home Loan Bank of Seattle that will enable them to build housing developments for low-income residents.

These housing initiatives include purchasing and rehabilitating low-rent buildings, or building apartments for very-low income residents.

Copyright © 2000 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 10, No. 1, 1/00