Webster believes strongly in empowering people and strengthening communities by expanding access to capital.
Flexible financing solutions
Webster is proud to support vibrant and diverse communities by providing loans, investments, technical assistance and financial services to individuals and small businesses in low- and moderate-income neighborhoods.
Organizations we support
- 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) and other developers of affordable housing that build or renovate 1-4 family homeownership and multi-family affordable housing.
- SBICs and SBA-certified development corporations that can help grow small businesses, especially Minority- and Women-owned Business Enterprises.
Our Commercial Real Estate team provides construction and permanent financing to for profit and non-profit developers of both affordable workforce housing and supportive housing for seniors, veterans, homeless and disabled individuals.
We provide equity by investing in Federal and State Low-income Housing Tax Credits, historic and New Markets Tax Credits for mixed-use and mixed-income developments that help to economically revitalize neighborhoods.
Webster Bank is a sponsor of the Federal Home Loan Bank of Boston (FHLBB), Affordable Housing Program (AHP) which provides subsidies encourages local planning and development of affordable-housing.
Webster Bank provides technical assistance and capital for small businesses and community facilities including charter schools, childcare centers, and health care centers. We also provide SBA guaranteed loans to small businesses through Business Banking.