Huntington Bank Announces $80 Billion Community Plan to Support Affordable Housing and Small Businesses
On July 30, 2026, Huntington Bancshares Incorporated (HBAN) announced an ambitious five-year community investment plan totaling $80 billion. The initiative aims to expand access to capital for affordable housing, small businesses, and under-resourced communities across its markets. Company leaders engaged with over 350 organizations, including the National Community Reinvestment Coalition (NCRC), customers, and colleagues to shape this strategy. The plan is divided into four key areas: $40 billion in consumer and home lending; $22 billion for small business support; $18 billion in community development investments; and a total of $32 billion directed toward under-resourced communities. Huntington has previously delivered nearly 270,000 loans totaling over $37.8 billion to low- and moderate-income borrowers since 2021. Huntington CEO Steve Steinour emphasized the company's long-standing commitment to community investment as it grows. The plan is expected to support first-time homebuyers, small business growth, job creation, affordable housing developments, and essential services like food security and workforce development.
Tickers: $HBAN
Topics: affordable_housing capital_allocation financial_access small_business_lending