Our Impact
A Lending Practice Designed to Fight Housing Insecurity
Feb 21, 2024
Safe, affordable housing is a basic human right. Here’s how we moved the needle in 2022.
Better Banking Blog: Back to All Posts
Affordable Housing
Housing is a human right. And yet California, Oregon, and Washington have some of the highest levels of housing insecurity in the nation. We provide loans to organizations that purchase and manage affordable multifamily rental housing. We are proud to feature the stories of our clients whose impactful work we are able to support.
Press Release
2022 Impact Report: Beneficial State Bank reports more than $601 million in mission-aligned loans in 2022
Dec 21, 2023
Beneficial State Bank released its 2022 Impact Report, highlighting the impact of its $866 million in commercial loans, and more.
Press Release
Beneficial State Bank Focuses on Affordable Housing in 2023, Hires Expert to Lead its Practice and Find Innovative Solutions to Housing Crisis
Feb 02, 2023
Beneficial State has hired longtime expert Margie Francia to pursue innovative partnerships and solutions to the housing crisis.
People, Planet, Prosperity for All
We are proud to lend $219 million to affordable housing, and $0 to private prisons. When you bank beneficially, you choose to support people and planet.
Client Spotlight
Our Just Future - Affordable Housing and Supportive Services in East Portland
Jul 27, 2022
Our Just Future is an affordable housing development and social services organization building vibrant, healthy neighborhoods.
Client Spotlight
Resources for Community Development (RCD) Builds and Maintains Affordable Housing in the San Francisco Bay Area
Mar 21, 2022
Resources for Community Development has been creating and preserving affordable housing in the Bay Area since 1984.
Client Spotlight
Kulshan Community Land Trust - Innovative Affordable Housing
Jan 26, 2022
Kulshan Community Land Trust helps low- and moderate-income (LMI) families and individuals buy their first home.
Client Spotlight
Hacienda CDC - Affordable Housing in Portland
Nov 17, 2021
For this Latino community development corporation, providing affordable housing is just the start.
Client Spotlight
Housing Hope - Affordable Housing for Families
Oct 25, 2021
Housing Hope was founded to provide long-term housing solutions for low-income families and families experiencing homelessness.
How the Banking Industry Can Change the State of Affordable Housing
Aug 13, 2021
The problem often feels overwhelming and unsolvable. But each of us can take steps to bring us closer to a solution.
Areas our clients are making an impact
Economic, Business, and Job Development
Economic, Business, and Job Development
Education and Youth Development
Education and Youth Development
Arts, Culture, and Community