CINCINNATI, OH (FOX19) -
Huntington Bank revealed investment plans towards affordable housing in Ohio on Friday.
The company revealed its committed investment of $150 million through 2015.
The money will generate
approximately 2,000 new or refurbished affordable housing units for nearly
4,500 Ohio residents, and is anticipated to support 1,000
construction jobs.
"Over the past
three years, families, individuals, seniors and veterans have benefited from
Huntington's affordable housing investment," said Steve Steinour, Huntington's chairman, president and CEO. "With the state
still experiencing a shortage of safe, affordable housing, we are once again
investing in housing. Along with our partner OCCH, we want to help those
displaced by the housing crisis and aid our communities as they continue their
economic recovery."
With Friday's announcement, Huntington breaks its own record for the single-largest Ohio affordable housing investment in state history.
Copyright 2013 WXIX. All rights reserved.