The General Pulaski Association among the 2021 grant recipients
The General Pulaski Association officials pictured L-R: Jerry Inda (Secretary), Bob Brandon (Director), Joseph Mikolaj Rej, Jr. (President), Bob Sienkiewicz (Assistant Secretary), Christine Kibler (Treasurer), Sophia Kenn (UFCU Regional Operations Manager), Camille Brandon (1st Vice President).
Buffalo, New York | July 9, 2021
Small businesses and especially community organizations and cultural centers have been crippled by the COVID-19 / Coronavirus pandemic that is still prevalent in many U.S. states and around the globe. As a credit union, it’s within our philosophy to help our communities however possible, and more so now than ever. Thanks to the Federal Home Loan Bank of New York (FHLBNY), whose primary mission is to advance community development and housing opportunities in states such as New York, UFCU is again allocating grant funding to our member-organizations throughout New York. We believe that these funds will provide some much-needed financial relief during this challenging time.
At the beginning of the pandemic we told our members that we are here for them, and we will get through this together. The distribution of these funds is a continuing example of many as to how we’re acting on our word.
About the COVID-19 Small Business Recovery Grant
In 2020 UFCU applied for and received $200,000 in grant funding from the FHLBNY as part of a COVID-19 financial relief program. UFCU then allocated those funds to 47 different grantees across 9 counties in New York including various cultural centers, churches, museums, art foundations, youth associations, and other volunteer organizations. The program is intended to support the financial security and health of workers employed by organizations that have suffered a decrease in revenue as a result of the ongoing COVID-19 crisis.
In 2021 UFCU reapplied for and received an additional $150,000 in grant funding from the FHLBNY as a continuation of the COVID-19 financial relief program. Eligibility in 2021 is limited to organizations in New York that did not yet receive grant funding.
FHLBNY is a private, non-governmental wholesale bank within the national Federal Home Loan Bank System.