RDA Success Stories HSBC Bank USA Finances Two Small Businesses in Rural New York Member lender HSBC Bank USA used the FHLBNY’s Rural Development Advance (RDA) to provide financing to two small businesses: Parise’s Auto & Towing, Inc., in Batavia, New...
RDA Success Stories Sun National Bank Finances the Reopening of Congress Hall Hotel The FHLBNY Rural Development Advance (RDA) provides funding for economic and community development projects located in areas with a population of less than 25,000. Restorative efforts...
RDA Success Stories HSBC Bank USA Refinances Discount Food Retailer, LeRoy, New York Using a $192,000, 3-year amortizing FHLBNY Rural Development Advance (RDA), member lender HSBC Bank USA provided financing to LeRoy Discount Foods, Inc., the operating entity for...
RDA Success Stories HSBC Bank USA Funds the Relocation of a Community Library in Ellington, New York Using Rural Development Advance (RDA) funding, member lender HSBC Bank USA provided $83,000 in financing to help Farman Free Library relocate to Ellington, New York....
RDA Success Stories HSBC Bank USA Uses RDA Funding for Home Ownership Center in Norwich, New York Member lender HSBC Bank USA used $165,000 in FHLBNY RDA funding to provide mortgage financing for the Quaranta Home Ownership & Housing Services Center. The center is...
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