CHICAGO, June 10,
2024 /PRNewswire/ - CIBC US today announced that it
has been named Corporate Partner of the Year by The Housing
Partnership for its commitment to providing homebuyer education,
counseling, down payment assistance and home improvement solutions
to low- and moderate-income families.
The Housing Partnership, which was established in 1998
and holds the Community Housing Development Organization
designation, works to provide affordable housing options and
promote community development, ensuring that all residents have
access to safe and stable homes. This HUD-approved housing
counseling agency is one of the primary housing agencies in the
St. Louis Metropolitan, servicing
and facilitating first time homebuyers' education, down payment
assistance and residential development services.
"At CIBC, we believe that everyone deserves the security and
comfort of a place to call home," said Amy
Yuhn, Head of US Personal and Community Development Banking
at CIBC. "Receiving the Corporate Partner of the Year award from
The Housing Partnership highlights CIBC's dedication to helping
families achieve their dream of homeownership."
Through its strong relationship with The Housing Partnership,
CIBC has been able to make a significant impact in the lives of
many families. The bank has provided essential resources that
empower families with the knowledge and support they need to
navigate the homebuying process successfully, including down
payment assistance programs that have helped homeownership become
more accessible for those facing financial barriers.
CIBC's home improvement products and services have also played a
vital role in assisting families in enhancing their living spaces.
By connecting homebuyers with CIBC's home improvement resources,
the bank has helped families finance and pay for critical home
repairs and renovations.
This is the second time CIBC has received the Corporate Partner
of the Year recognition from The Housing Partnership, with the
first accolade awarded in 2021. Steve
Bahru, senior community lender at CIBC Bank USA, has been instrumental in this
partnership, conducting financial literacy and homebuyer seminars
with the organization for more than a decade.
"Through my work with The Housing Partnership, I have had the
privilege of assisting first-time homebuyers by connecting them
with the right sources of education to foster their overall
financial well-being and help them reach their ambitions," said
Bahru.
About CIBC
CIBC is a leading North American financial institution with 14
million personal banking, business, public sector and institutional
clients. CIBC offers a full range of advice, solutions and services
in the United States, across
Canada and around the world. In
the US, CIBC Bank USA provides
commercial banking, private and personal banking and small business
banking solutions and CIBC Private Wealth offers investment
management, wealth strategies and legacy planning. Visit us at
cibc.com/US.
Member FDIC and Equal Housing Lender. Loans are subject to
credit approval. The CIBC logo is a registered trademark of CIBC,
used under license. Investment Products Offered are Not
FDIC-Insured, May Lose Value and are Not Bank Guaranteed.
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SOURCE CIBC