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NSB Donates $20K to Harborlight Community Partners

11  January 2018
North Shore Bank Makes a $20,000 Donation to Harborlight Community Partners

PEABODY, MASSACHUSETTS (www.northshore-bank.com) – North Shore Bank recently donated $20,000 to Harborlight Community Partners, an organization providing affordable housing with supportive services for low and moderate income families, seniors, and individuals living in Southern Essex County.

Photo of North Shore Bank presenting Harborlight Community Partners with a $20,000 donation.

Andrew DeFranza (left), Executive Director of Harborlight Community Partners, receives a $20,000 donation from Kevin Tierney, Sr., President and CEO of North Shore Bank.


The donation 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.

North Shore Bank President and CEO, Kevin Tierney said:

“Harborlight Community Partners is a wonderful organization that is dedicated to serving the people of the North Shore.” He went on to say, “By making this CITC donation, what we hope is that we’ve helped make a difference to those in our community who are less fortunate.” 

Andrew DeFranza, Executive Director of Harborlight Community Partners said:

"We are so grateful for the partnership we have with North Shore Bank and its commitment to affordable housing. This kind of investment is critical to our mission.” He added, “The bank's commitment to our community is well matched with the goal of Harborlight Community Partners, to create access to decent, affordable housing for all our neighbors."

About Harborlight Community Partners
Harborlight Community Partners (HCP) is a nonprofit Community Development Corporation providing affordable housing with supportive services for seniors, families, and individuals on Boston’s North Shore. With housing in nine communities, HCP owns, manages, or supports 392 housing units (including first-time buyer properties), providing home for over 525 people. HCP strives to make homes available for the most economically vulnerable in our communities and works to break down barriers to housing access. For more information on the work of HCP, visit www.harborlightcp.org.

About North Shore Bank
North Shore Bank is a full-service community bank based in Peabody, Massachusetts and serving the personal and business banking needs of the North Shore, eastern Massachusetts and southern New Hampshire. Established in 1888, the bank operates out of twelve area offices, located in Beverly, Danvers, Merrimac, Middleton, Peabody, Salem, Saugus and Newton, New Hampshire.

 

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