July 27, 2017
Thursday’s Advocacy & Think Tank Roundup
- First Financial bought MainSource for $1 billion. This merger will make First Financial the sixth largest bank in Indiana. The deal incorporates a stock-for-stock transaction estimated to the value of 1 billion. Due to the merger, First Financial now has “$13.3 billion in assets, $8.9 billion in loans, $10 billion in deposits and $4 billion in assets.“
- In 2013, Denver made a five-year affordable housing goal; however, they met the goal one year before its end date. Further, the city plans to create over 1,600 affordable units within the next year. 97% of the new affordable homes are or will be within .25 of a mile from a frequent bus line. As a result, the city also created the Office of Housing & Opportunities for People Everywhere.
