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Stock impact report

Carver Bancorp, Inc. Announces $25 Million Revolving Loan Facility with NY Green Bank to Support Building Decarbonization Projects in New York City [Yahoo! Finance]

Carver Bancorp, Inc. (CARV) 
US:NASDAQ Investor Relations: carverbank.com
Company Research Source: Yahoo! Finance
certified Community Development Financial Institution and a designated Minority Depository Institution, is proud to announce the closing of a $25 million revolving senior unsecured term loan under the Community Decarbonization Fund with NY Green Bank "Carver's collaboration with NY Green Bank enables us to leverage critical funds needed to advance clean energy and build electrification projects in communities that have historically faced financial barriers," said Craig C. MacKay , Interim President and CEO of Carver The loan facility will support the Bank in financing initiatives that reduce greenhouse gas emissions and promote energy efficiency in building projects, fleet upgrades to electric vehicles, and electric vehicle charging station infrastructure. Funding will also support the working capital and asset-specific financing needs of MWBE contractors working on green energy projects, weatherization, electrification, and green technology. "NY Green Bank is proud to support C Show less Read more
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