ARLINGTON, MASSACHUSETTS, … East Cambridge Savings Bank presented the Housing Corporation of Arlington with a $5,000 donation. This donation was announced during the grand opening festivities of the Bank’s new Arlington office at 105 Broadway. The donation came from a commemorative gift of “affordable housing funds” presented in 2004 by East Cambridge Savings Bank’s Board to its Charitable Foundation in recognition of the Bank’s 150th Anniversary.

Arthur C. Spears, president and chief executive officer of East Cambridge Savings Bank, states, “We are pleased to be able to provide this support to help the Housing Corporation of Arlington continue to pursue their mission of preserving a diverse, sustainable community that includes affordable and mixed-income housing opportunities.”

The Housing Corporation of Arlington (HCA) is a non-profit community development organization committed to helping members of the Arlington community with housing-related issues. Their mission is to support social and economic diversity, through affordable housing programs, for the town and residents of Arlington, Massachusetts. The HCA acts as advocates and also provides affordable housing for low-and-moderate-income households.

“Words cannot express how grateful the Housing Corporation is to East Cambridge Savings Bank for this generous donation,” says David Levy, HCA’s Executive Director. “East Cambridge Savings Bank is well-known for their support of community-driven initiatives, and this commitment demonstrates this support. We look forward to working closely with East Cambridge Savings Bank for years to come.”