Funding Will Support Affordable Homeownership Opportunities in Central VT
Vermont Business Magazine Central Vermont Habitat for Humanity (CVHFH) has received a $150,000 grant from the M&T Charitable Foundation, the philanthropic arm of M&T Bank (NYSE: MTB). The funding is part of the third round of grants from the Amplify Fund, which is awarding over $4.9 million to 51 nonprofit organizations across New England, Long Island, and Rockland County, NY.
“This incredible support from the M&T Charitable Foundation will provide critical funding for four affordable housing units in Greensboro and Randolph,” said Zachariah Watson, Executive Director of CVHFH. “It will also serve as a cornerstone investment in a revolving fund that we’re developing to support not just this project, but many more in the future.”
CVHFH strengthens Vermont communities through affordable, mortgaged homeownership, critical home repairs, and disaster response. The organization also operates a ReStore in Waterbury, which sells donated goods at discounted prices. Profits directly support CVHFH’s housing programs, while also providing low-cost essentials and reducing landfill waste.
“The M&T Charitable Foundation is proud to support the work of nonprofits like Central Vermont Habitat for Humanity that are dedicated to advancing equity and creating positive and lasting change,” said Dominique Goss, Executive Director of the M&T Charitable Foundation. “We look forward to seeing the progress of their work and the collective outcomes of our partnerships in the months and years ahead.”
First announced in May 2022, the Amplify Fund is a $25 million philanthropic investment as part of the merger between People’s United Bank and M&T Bank. Powered by the M&T Charitable Foundation, the Amplify Fund is a one-time supplemental charitable program to provide further support in the legacy People's United communities.
Grantees in this third and final round of funding include nonprofit organizations that are centered on advancing financial inclusion and spurring economic growth and prosperity, with a particular focus on creating equitable change through homeownership, small business development and entrepreneurship, career growth, and financial resilience. For more information on the Amplify Fund, including the full list of grant recipients in New England and Metro New York, please visit the Amplify Fund website.
About M&T Charitable Foundation
The M&T Charitable Foundation, the philanthropic arm of M&T Bank, is a 501(c)(3) not-for-profit charitable organization founded in 1993 and funded by M&T Bank. The M&T Charitable Foundation
awards nearly $40 million in grants per year to thousands of nonprofit organizations focused on improving the quality of life in the areas the bank serves. M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the eastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information on M&T Bank, visit www.mtb.com.
Montpelier, VT – April 11, 2025 – Central Vermont Habitat for Humanity
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