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PEOPLE’S UNITED COMMUNITY FOUNDATION AWARDS $4,000 TO MAINE HOUSING AND BUILDING MATERIALS EXCHANGE

PEOPLE’S UNITED COMMUNITY FOUNDATION AWARDS $4,000 TO MAINE HOUSING AND BUILDING MATERIALS EXCHANGE

LISBON, ME – As part of its commitment to support affordable housing and the well-being of neighborhoods in the communities where People’s United Bank operates, the People’s United Community Foundation, the philanthropic arm of People’s United Bank, announced today that it has awarded $4,000 to Maine Housing and Building Materials Exchange in Lisbon, Maine.

Maine Housing and Building Materials Exchange works to improve living conditions of low-income homeowners while benefiting the environment. The grant from People’s United Community Foundation will support the Building Materials Supply Fund, which provides new and re-usable building materials to low-income families at an affordable price. The fund keeps families safe in their homes, increases energy efficiency and educates homeowners about necessary home repairs.

“Maine Housing and Building Materials Exchange is extremely grateful for the continued support of the People’s United Community Foundation,” said Dave Zimmerman, Operations Director. “Through this grant, our families are able to stay warm, dry and safe.”

“We are pleased to support the Building Materials Supply Fund,” stated Dan Thornton, Officer of People’s United Community Foundation, and President of People’s United Bank in Southern Maine. “This important program provides much-needed subsidies to low-income households for home repairs that are often urgent, yet too costly for so many families.”

Established in 2007, People’s United Community Foundation was formed to help support programs and activities that enhance the quality of life for citizens in the communities that People’s United Bank serves. People’s United Bank, founded in 1842 and serving customers from New York to Maine through a network of more than 400 branches, is the largest independent bank headquartered in New England. The Foundation places special emphasis on programs designed to promote economic self-sufficiency, education and improved conditions for low-income families and neighborhoods. The funding priorities of the Foundation include community development, youth development, and affordable housing.