Community development

Webster believes strongly in empowering people and strengthening communities by expanding access to capital.

Photo of building

Flexible financing solutions

We offer flexible financing solutions for real estate developers, quasi-government agencies and non-profit organizations to help renew neighborhoods and improve the lives of low- and moderate-income individuals. We provide loans, grants or technical assistance to those organizations whose programs serve these families and/or support small business development.

Organizations we support

Body (Limited)
  • Community Development Finance Institutions (CDFIs) that finance affordable housing, community facilities and small businesses.
  • Community Development Corporations (CDCs) that focus on revitalizing the areas in which they are located; typically, underserved neighborhoods that have experienced disinvestment.
  • Community Housing Development Organizations (CHDOs) that develop and/or manage single and multi-family affordable housing for rent or for sale.

Strengthening our communities

Submitting a grant application

The CD/CRA grant site is open to accept applications from January through June. Decisions are made in July and grants awarded in August. Questions regarding these specific types of grants can be directed to

Questions? Please contact our Customer Care Center — 24 hours a day, 7 days a week.

Call 800-325-2424