SOURCE: HomeStreet Bank

March 27, 2007 11:00 ET

HomeStreet Bank Launches Fourth Annual "HomeStreet Community Housing Awards"

SEATTLE, WA -- (MARKET WIRE) -- March 27, 2007 -- HomeStreet Bank today announced the launch of the fourth year of the HomeStreet Community Housing Awards. The program will grant seven $10,000 awards to nonprofit community organizations serving housing-related needs. The HomeStreet Community Housing Awards will be given throughout the areas where HomeStreet Bank branches are located. Applications for the awards may be submitted now through May 11, 2007.

"Each year we are reminded of the incredible need for affordable, supportive housing options for people in our communities," said Bruce Williams, CEO and chairman of HomeStreet Bank. "Through the HomeStreet Community Housing Awards program we can recognize and support organizations that are helping people find a place to call home -- one of the most crucial aspects of building strong communities."

The HomeStreet Community Housing Awards program supports organizations that help individuals and families with low to moderate incomes achieve the security of a home. An eligible organization must be a 501(c)(3) that provides transitional or affordable rental housing, or helps people move along the path toward homeownership.

To date, HomeStreet Bank has given $230,000 through the HomeStreet Community Housing Awards program to serve housing needs in its communities.

Organizations located in the Washington state counties of King, Pierce, Snohomish, Thurston and Clark; the Greater Portland area; Salem and Hawaii are eligible to apply for a HomeStreet Community Housing Award. Applications for the HomeStreet Community Housing Awards are available online at

Each year, HomeStreet Bank donates at least two percent of its pre-tax profits to the community. HomeStreet also works in partnership with numerous community organizations throughout the year to help individuals and families achieve the security of a home and move along the path toward homeownership. In addition, HomeStreet offers a variety of innovative products and services that help individuals and organizations meet specific community housing needs.

Family- and employee-owned HomeStreet Bank has assets of $2.4 billion and a network of 30 branches in the Northwest and Hawaii. HomeStreet Bank offers a full range of financial services including business banking and lending, consumer banking, mortgage lending, residential construction financing, income property financing and insurance services.

For more information about the HomeStreet Community Housing Awards, please call (206) 515-4069 or e-mail

Contact Information