Greylock Donates to Community Partners in 2021

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PITTSFIELD, Mass. — Greylock Federal Credit Union has released its 2021 Community Impact Report
 
The report highlights many relationships held throughout the region to show members how their credit union invests in the community.
 
"This is more than just a report to sit on a shelf," said Greylock Senior Vice President, Chief Administrative Officer JamieEllen Moncecchi. "It is a story of the dedication and hard work put forward by our staff, Board of Directors and Members throughout the year to support our shared vision of a thriving community."
 
The stories reflect the Credit Union's commitment to the guiding principles of Inclusion, Diversity, Equity and Accessibility through company-wide learning and reflection, policy development, new products and services, and partnerships.
 
Greylock made cash donations of over $778,000 to area non-profit partners in 2021. The list of partners ranges from local Lions Clubs and after-school programs to the Berkshire Family YMCA and the United Ways of Berkshire County.
 
Greylock's continued COVID-19 response is also summarized in the document. Data shows that in the second year of the pandemic, Greylock supported 3,414 area jobs with Paycheck Protection Program loans, provided millions of dollars in loan deferrals for Members facing hardship and issued over $51 million to first-time home buyers to build for their future.
 
The Community Empowerment Center, which opened in 2018, grew to a dedicated five-person team with a branch-wide volunteer network of 29 certified financial coaches to meet the increasing need for services. The Center hosted 82 free seminars on everything from couponing to preparing for retirement. They also educated 2,805 area students on financial literacy, conducted 873 free financial coaching sessions and helped 204 immigrants enter the US banking system.
 
As a Certified Community Development Financial Institution, Greylock can be awarded federal funds to support the local economy. In 2021, Greylock was issued access to up to $23 million in emergency capital investment funding from the US Treasury (to be used over 30 years), $1.8 million in Rapid Response funds to help stabilize local households and businesses affected by the pandemic, and a $500,000 award to tackle issues of local poverty and economic mobility.
 

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BRPC Committee Mulls Input on State Housing Plan

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — Berkshire Regional Planning Commission's Regional Issues Committee brainstormed representation for the county in upcoming housing listening sessions.

"The administration is coming up with what they like to tout is their first housing plan that's been done for Massachusetts, and this is one of a number of various initiatives that they've done over the last several months," Executive Director Thomas Matuszko said.

"But it seems like they are intent upon doing something and taking comments from the different regions across the state and then turning that into policy so here is our chance to really speak up on that."

The Executive Office of Housing and Livable Communities and members of the Housing Advisory Council will host multiple listening sessions around the Commonwealth to hear input on the Healey-Driscoll administration's five-year strategic statewide housing plan.

One will be held at Berkshire Community College on May 15 at 2 p.m.

One of Matuszko's biggest concerns is the overall age of the housing stock in Berkshire County.

"And that the various rehab programs that are out there are inadequate and they are too cumbersome to manipulate through," he explained.

"And so I think that there needs to be a greater emphasis not on new housing development only but housing retention and how we can do that in a meaningful way. It's going to be pretty important."

Non-commission member Andrew Groff, Williamstown's community developer director, added that the bureaucracies need to coordinate themselves and "stop creating well-intended policies like the new energy code that actually work against all of this other stuff."

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