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Stock impact report

Flushing Bank Sponsors Grant Application to Federal Home Loan Bank of New York to Finance Affordable Housing Project [Yahoo! Finance]

Flushing Financial Corporation (FFIC) 
Last flushing financial corporation earnings: 4/28 05:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Housing Authority to finance the redevelopment of a 30-unit senior housing facility. The grant will be used to relocate existing tenants, demolish the current structure, and build a new 70-unit senior housing residence with improved amenities and accessibility. The project aligns with Flushing Bank's mission to support affordable housing and improve the quality of life for local communities. UNIONDALE, NY / ACCESSWIRE / December 5, 2024 / Flushing Financial Corporation (the "Company") (NASDAQ:FFIC), the parent holding company for Flushing Bank (the "Bank"), announced that Flushing Bank has secured an affordable housing grant on behalf of the Greenburgh Housing Authority who was awarded a $1.9 million grant from Federal Home Loan Bank of New York. The grant will subsidize the redevelopment of a 30-unit senior housing facility originally developed in 1972. The grant will assist in financing a temporary relocation plan for the existing tenants, demolition of the existing structure and Show less Read more
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