M&T Bank Announces $50,000 Donation to The HELP Fund

M&T Bank has announced a $50,000 donation to Kingston, NY-based nonprofit Mid-Hudson Energy Transition (MHET) for its HELP Fund, which is designed to help low-income households in Kingston make energy-efficient and health and safety improvements to their homes.

Founded in 2021, MHET created its HELP Fund to fuel the Home Energy Loan Program. This program provides ultra-low-interest loans to help residents finance home improvements that lower their energy bills, improve indoor air quality, and boost climate resilience.

M&T Bank continues to take an active role across the communities it serves, including the Hudson Valley. In 2024, M&T employees in the Hudson Valley spent more than 2,760 hours of their time volunteering across the region. Additionally, the M&T Charitable Foundation provided $395,000 in grants and $130,600 in community sponsorships within the Hudson Valley region.

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“M&T Bank’s success is intertwined with the success of our communities as we are deeply connected to the neighborhoods we serve. We take pride in living, working, volunteering, and investing in the vibrant cities and towns that make the Hudson Valley special,” said LaKendra McNair, Head of Climate Resilient Communities, M&T Bank. “Programs like the Mid-Hudson Energy Transition’s HELP Fund are instrumental in helping local homeowners make energy efficiency upgrades, reducing their energy bills, and paving the way for stronger, more resilient communities.”

“We are deeply grateful to M&T Bank for their generous support of our HELP Fund. This donation helps us do what matters most—get essential home repairs to the people who need them, so families can live healthier lives and save money in the process,” said Jasmine Graham, Executive Director, Mid-Hudson Energy Transition. “At MHET, we say ‘Support Your Neighbors’ Future’ because that’s what it takes. Real transformation happens when we show up for each other and invest in our communities.”

MHET Launches the HELP Fund

Mid-Hudson Energy Transition (MHET) is thrilled to announce the launch of the HELP Fund,  a groundbreaking green community investment fund that offers an innovative solution to the challenge of rapidly and equitably decarbonizing New York State’s housing stock.

The HELP Fund opens its doors to investors of all income and investment experience levels, empowering everyday New Yorkers to invest in the clean energy transition and contribute to positive climate, health, and housing justice outcomes in their local community. The capital raised by the Fund will be used to provide low-income households with accessible, low-interest financing – set at just 2% – to sustainably retrofit their homes, lowering their energy bills and reducing their carbon footprint. 

To celebrate the launch of the HELP Fund, MHET hosted a press conference on September 30, 2024. Those in attendance included Kingston Mayor, Steve Noble, Ulster County Executive Jen Metzger, Ulster County Legislator Chris Hewitt, members of the press, and the MHET team. 

Ulster County Legislator, Chris Hewitt, expressed his support at the press conference stating: “The reason my wife and I decided to invest is because of how easy it is to make a good return on your money on a great fund. This is setting an example of a regenerative economy where we are using our money to keep it local. I’m actually moving money from Wall Street to invest in this fund because when you invest in Wall Street, you’re investing in extractive businesses that are removing money from our communities.”

The HELP Fund has the power to transform our neighborhoods, uplift our communities, and ensure that no one is left behind in the clean energy transition. The HELP Fund is piloting in Kingston, but the HELP Fund is scalable, replicable, and built to bring long-lasting impact across New York and beyond.

If you’d like to learn more about the HELP Fund or make an investment, visit www.investinhelp.org.