State Farm® Strong Neighborhoods
Revitalizing Communities
Improving Economic Stability
Below are some of the community development loans and investments State Farm Bank® has participated in or helped make possible in the last five years:
- Purchased or provided more than 350 loans in more than 24 states for economic development purposes, many for minority and women owned businesses.
- Provided more than 1,000 new and rental housing units for families and individuals across six states, including cities such as New York, Detroit, Houston and Los Angeles.
- Involved in rehabilitating and constructing 656 housing units in the city of Chicago.
- Secured more than 44 loans for affordable housing throughout 11 states and the District of Columbia.
- Involved in making 14,045 apartments available in low to moderate income (LMI) areas or low to moderate income (LMI) individuals in Chicago, Cleveland and Detroit, since 2003.
State Farm Bank, Bloomington, Illinois, a Member FDIC and Equal Housing Lender.
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