CIP Success Stories HSBC Bank USA Helps Refinance Sojourner House in Rochester, New York Member lender HSBC Bank USA, took advantage of our discounted Community Investment Program (CIP) to provide a long-term advance of $275,000 for the refinancing of Sojourner House....
CIP Success stories Sussex Bank To Finance Assisted Living Facility, West Orange, New Jersey Member lender Sussex Bank took advantage of a FHLBNY Community Investment Program (CIP) Advance to provide $3,300,000 in financing to support Canterbury Village, a non-profit,...
CIP Success Stories HSBC Bank USA Supports Specialty Housing for the Mentally Disabled in Monroe County, New York Member lender HSBC Bank USA used two Community Investment Program (CIP) Advances (one for $235,000 with a 15-year maturity and another for $45,000 with a...
CIP Success Stories The Provident Bank Helps Construct Senior Housing Complex in Dover, New Jersey The Provident Bank used a $900,000 Community Investment Program (CIP) Advance provided by the FHLBNY to help construct Spruce Senior Housing, a three-story building with...
CIP Success Stories Metuchen Savings Bank Helps Refinance Transitional Housing Facility in Essex County, New Jersey Member lender Metuchen Savings Bank, in partnership with the Thrift Institution Community Investment Corporation (TICIC), a loan consortium of the New...
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