When I say that fixing homelessness is good for business, many skeptics may raise an eyebrow. The assumption is that caring for homeless individuals costs money, and those individuals don’t have the financial means to participate in the local economy. But, as we’ve recently learned here in Rochester with the revitalization of the old Cunningham factory, doing the right thing is a tide that can raise all boats.
I am a lifelong western New Yorker. I grew up here, raised my family here and serve the community in a variety of ways, including as part of Greater Rochester Enterprise Inc. and the Monroe Community College Foundation. At M&T Bank, where I serve as regional president, we understood the benefits of the Carriage Factory Apartments and provided the financing.