Amalgamated Financial Corp. Commits Additional $85 Million to Finance R-PACE Assessments

May 15, 2024

https://www.globenewswire.com/news-release/2024/05/15/2882915/0/en/Amalgamated-Financial-Corp-Commits-Additional-85-Million-to-Finance-R-PACE-Assessments.html

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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