American Banker, June 8, 2023, After Buying Bank Accused Of Redlining, Cadence Gets Top CRA Score
Last year, Cadence and the National Community Reinvestment Coalition announced a five-year, $20.7 billion community benefits plan. The commitment included $11.8 billion of mortgages to homebuyers of color and low- and middle-income borrowers, $6.5 billion of loans to certain small businesses and $2.4 billion for projects, including affordable housing, to help distressed neighborhoods.
