Amalgamated financial corp. commits additional $85 million to finance r-pace assessments

New york, may 15, 2024 (globe newswire) -- amalgamated financial corp. (“amalgamated” or the “company”) (nasdaq: amal) announced that the company has extended its commitment to invest in residential property assessed clean energy (“r-pace”) assessments through its ongoing partnership with home run finance (“hrf”). amalgamated's commitment provides an additional $85 million of capital to fund r-pace assessments originated by hrf.
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