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0.00158227848101262 0.0110601265822784 0.00316455696202539 0.00368670886075947 0.00316455696202539 -0.00316455696202525 0.00791139240506326 -0.00474683544303801
Stock impact report

Arbor Creates $2 Million Rental Assistance Program for Thousands of Tenants and Families Impacted By COVID-19

Arbor Realty Trust (ABR) 
Last arbor realty trust earnings: 2/14 08:15 am Check Earnings Report
US:NYSE Investor Relations: ir.arbor.com/investor-relations
Company Research Source: PR Newswire
UNIONDALE, N.Y., April 15, 2020 /PRNewswire/ -- Arbor Realty Trust, Inc. (NYSE:ABR), one of the nation's leading multifamily lenders, today launched an innovative $2 million rental assistance program to help thousands of tenants and families significantly impacted by the COVID-19 outbreak. The Arbor Rental Assistance Program (ARAP) is a unique goodwill initiative intended to supplement existing government rent relief programs and leverage private capital to fill critical gaps for people who are impacted by a loss of income due to COVID-19."As one of the most active lenders in the industry offering workforce housing loans, we want to do our part to help ease the burden for those who've been severely impacted by COVID-19," said Ivan Kaufman, President and CEO of Arbor Realty Trust. "For those who have unfortunately lost income and are temporarily unable to meet their rent obligations, we are looking to provide some much-needed relief until they are able to stabilize their situations."Wh Show less Read more
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