Dime Foundation Awards $4,000 to Eastern CT Housing Opportunities

Norwich, CT – Dime Bank Foundation has awarded $4,000 to Eastern Connecticut Housing Opportunities (ECHO) to help cover the costs of kitchen renovations in one of 22 deteriorated one-and two-family properties in New London that will be acquired, rehabilitated, and then sold to low-income, first-time homebuyers.

These homes are all part of ECHO’s “Home New London Program” which is being funded by a grant from the Connecticut Department of Housing and will help create affordable ownership properties for families of limited income while helping to revitalize urban neighborhoods.

About Dime Bank Foundation
In 1998, Dime Bank established the Dime Foundation enabling the bank to support and give back to the communities it serves. The foundation provides funding for charitable, cultural, literary, scientific, and educational non-profit organizations. For more information about Dime Bank, visit www.dime-bank.com/dime-foundation.php   
 
Established in 1869, Dime Bank is a mutual bank with over $785 million in assets and 11 convenient branch locations throughout southeastern and shoreline Connecticut and Westerly, Rhode Island. As a full-service financial institution, Dime offers consumer and commercial banking, home mortgages, trust services, and through Dime Investment Services, a subsidiary of Dime Bank, insurance and investment services – all delivered with a personal touch. BauerFinancial, Inc., a national bank rating firm, recognized Dime Bank, as one of the strongest banks in the nation. For more information about Dime Bank, visit https://dime-bank.com.