FHLBNY Awards a $1.2 Million Affordable Housing Grant in Clifton Springs

The Federal Home Loan Bank of New York announced today the award of a $1,272,000 grant to the Genesis Housing Development Corporation to help finance the Spa Apartments project, which involves the rehabilitation of 109 apartments that are home to very low-income seniors and disabled individuals. M&T Bank, a member of the Federal Home Loan Bank of New York, submitted the application for the funding


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