North Shore Bank contributes $40K to Harborlight Homes

Beverly-based organization provides affordable housing throughout region

Date: January 4, 2024

Share:

Kevin M. Tierney Sr., the Chief Executive Officer of North Shore Bank, met recently with representatives from Harborlight Homes to present the organization with a $40,000 contribution. Harborlight Homes provides affordable housing with supportive services for low-and-moderate income families, seniors, and individuals living in the region North of Boston.

Andrew DeFranza, Executive Director of Harborlight Community Partners said of the Bank’s contribution, “The partnership with North Shore Bank is critical to our ability to create affordable homes in our region. In these particularly challenging times, we are grateful to know we can depend on North Shore Bank to invest in ways which uplift all members of the community.”

“More than a contribution, this is a testament to the values of North Shore Bank. Harborlight Homes could not do this work without them,” he added.

“Harborlight Homes provides an invaluable contribution to affordable housing,” Tierney said. “Their dedication has a profound impact on the lives of those most in need in our community. We understand the immense need for affordable housing options on the North Shore, and we are honored to collaborate with them in creating a positive change.”

The Bank’s contribution was made through the Community Investment Tax Credit (CITC) program, which is designed to allow local businesses to work with community development corporations (CDCs) and partner with nonprofit organizations to improve economic opportunities for low-and-moderate income households.