Share this article
Share this article
SANTA CLARA, Calif. and BOSTON, May 20, 2021 /PRNewswire/ SVB Financial Group ( SVB ) (NASDAQ: SIVB), the parent of Silicon Valley Bank, the bank of the world s most innovative companies and their investors, today announced a proposed five-year, $11.2 billion community benefits plan that builds on its long-standing commitment toward helping small businesses, financing affordable housing, reinvesting in low- and moderate-income ( LMI ) communities and supporting the greater good through philanthropy and volunteering. The plan was developed in collaboration with the California Reinvestment Coalition ( CRC ), The Greenlining Institute, Massachusetts Affordable Housing Alliance ( MAHA ) and Massachusetts Association of Community Development Corporations ( MACDC ), based on anticipated growth resulting from and subject to the completion of SVB s pending acquisition of Boston Private Financial Holdings, Inc. ( Boston Private ) (NASDAQ: BPFH), the
Boston Private, SVB Merger to Come with $11 2B Community Plan bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.
Median Home Price In Massachusetts Hits Record High Of $529,000
Sales prices jumped in Massachusetts in 2021 as buyers vie for a limited number of properties, prompting multiple offers, according to the Massachusetts Association of Realtors.
Seth Perlman / AP
The median sales price of a single-family home in Massachusetts rose to a record high of $529,000 in April, more than 20% higher than in 2020, according to new data from the Massachusetts Association of Realtors.
The median price of a condominium also jumped to an all-time high of $485,000, an 11.5% increase compared to the same time last year, the association said in its monthly report.
Sales prices jumped as buyers vie for a limited number of properties, prompting multiple offers. That s raised concerns about the lack of affordability in a state with some of the highest real estate costs in the country.
By Simon Rios, WBUR Reporter
May 13, 2021
Simon Rios, WBUR Reporter
New Bedford resident Liliana Cruz holds up a copy of the eviction letter she received in January. The landlord wants her out by the end of May. Simón Rios/WBUR
Liliana Cruz choked up at her kitchen table in New Bedford as she talked about faithfully paying her rent every month over the last five years. Despite that, her landlord has sent her a notice ordering her to leave the three-bedroom house by the end of this month.
“From one day to the next, it doesn’t matter what I pay, I have to go,” she said in Spanish. “And I don’t bother the landlord with anything. I spent my own money to fix the bathrooms. This is heavy, but God gives me strength.”
Personnel File - Banker & Tradesman bankerandtradesman.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bankerandtradesman.com Daily Mail and Mail on Sunday newspapers.