cures $12.6mm+ in SmartMove Down Payment Assistance Capital
SmartMove III Agreement Approved
In December 2016, we closed our third SmartMove Loan Agreement, securing over $12.6 million in capital for our SmartMove downpayment assistance program. This funding will help income-eligible low- and moderate-income first time homebuyers to purchase their first homes.
SmartMove III Participating banks include Bankwell, Chelsea Groton Bank, Citibank, Connecticut Community Bank, Fairfield County Bank, Farmington Bank, Housing Development Fund, M & T Bank, Ion Bank, Liberty Bank, Newtown Savings Bank, People's United Bank, Savings Bank of Danbury, Signature Bank, Union Savings Bank, United Bank, and Webster Bank