Empowering communities: ally commits nearly $1 billion to housing initiatives

Grants and investments support affordable housing and homeownership in detroit, charlotte and beyond detroit , july 11, 2023 /prnewswire/ -- ally financial inc. (nyse: ally), the nation's largest all-digital bank, today announced nearly $1 billion in giving and capital deployment in 2023 to address the wealth gap and barriers to economic mobility through housing initiatives. more than $4 million in grants and investments will be deployed in ally's hometowns of detroit and charlotte to support affordable housing initiatives.
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