Flushing Bank Grant Application Sponsored by Federal Home Loan Bank of New York
Flushing Financial Corporation, the parent company of Flushing Bank, recently announced some exciting news. Flushing Bank successfully secured a $1.9 million affordable housing grant, which will be used to support the redevelopment of a senior housing facility in Greenburgh. This grant will help finance the temporary relocation of existing tenants, as well as the demolition of the old building and construction of a brand-new, state-of-the-art 70-unit senior housing residence.
The goal of this project is to enhance the quality of life for residents by providing them with fully handicapped accessible living spaces, on-site amenities, and overall more comfortable accommodations. Flushing Bank’s President and CEO, John R. Buran, expressed his pride in supporting the Manhattan Avenue Senior Apartments development project. He emphasized the importance of improving and preserving quality affordable housing as part of the bank’s commitment to serving local communities.
At Flushing Bank, building relationships with families, business owners, and communities has been a priority since 1929. They offer a wide range of banking services, including deposit, loan, equipment finance, and cash management services. What sets Flushing Bank apart is its personalized customer service and its ability to communicate with clients in various languages, catering to the diverse markets they serve.
Flushing Bank is also known for its real estate lending expertise, creating unique mortgage solutions for property owners in and around New York City. They also offer online banking services through their iGObanking and BankPurely brands, allowing them to connect with consumers across the country.
This exciting grant represents Flushing Bank’s dedication to supporting affordable housing initiatives and strengthening communities. For more information about Flushing Bank and Flushing Financial Corporation, visit their website at FlushingBank.com. This project is an example of how partnerships between organizations like Flushing Bank, the Federal Home Loan Bank of New York, and the Greenburgh Housing Authority can make a real difference in local communities.
