Flushing Bank Submits Grant Application to Federal Home Loan Bank of New York to Help Finance Affordable Housing Project

Flushing Financial Corporation (the "Company")

, the parent holding company for Flushing Bank (the "Bank"), announced that it has secured an affordable housing grant on behalf of the North Hempstead Housing Authority, who was awarded a $780,000 grant from Federal Home Loan Bank of New York. The grant will be used to help finance the Pond View Homes project, which will rehabilitate 52 units of affordable housing for low-income families. John R. Buran, President and Chief Executive Officer stated: "Flushing Bank is proud to support the Pond View Homes redevelopment project. Improving and preserving quality affordable housing is part of the Bank's mission to better serve our local communities. Public/private partnerships are essential components in this process. Our Lending Team is looking forward to partnering with the Federal Home Loan Bank of New York, the North Hempstead Housing Authority and Georgica Green Ventures LLC, in completing these much needed improvements to the community."