CIBC

11:02 AM EST - CIBC : Today announced the completion of a new affordable housing project, Broadview Senior Apartments, for low-income individuals 55 and older. CIBC Bank USA provided a $5.3-million construction loan to Walsh Construction to build Broadview Senior Apartments. The new living facility—a three-storey, wood-framed project including two elevators, a patio, community garden and green space—was designed to serve low income senior tenants. The property is located in a primarily residential area 12 miles (20 kilometres) west of downtown Chicago. CIBC shares T.CM are trading down $1.90 at $161.30.

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