BB&T and SunTrust invest $10 million in Washington, D.C.'s affordable housing
BB&T and SunTrust, which will be merging by the end of 2019, recently announced it is funding a $10 million social impact investment aimed at addressing the lack of affordable housing in Washington D.C’s housing market. The equity investment, which specifically tackles the scarcity of housing for middle-income individuals and families, will be added to the Impact Pool of the Washington Housing Initiative.