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MassMutual Foundation gives $25M to bolster national community loan fund

SPRINGFIELD — The MassMutual Foundation is making a $25 million investment to help people across the country buy homes and start businesses.

The program builds off of what the company learned about lending to underserved communities in greater Springfield.

The foundation is partnering with the Opportunity Finance Network to ensure that millions of dollars go to help people who cannot turn to traditional lenders for assistance. Investment in these communities is made through the Community Development Financial Institution industry.

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