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0 0 0 0.00283656993235862 -0.000981889591970362 0.00152738380973162 0.00261837224525414 0.00130918612262699
Stock impact report

Tri Counties Bank and FHLBank San Francisco Award Over $2.1 Million in Grants Towards Affordable Housing

TriCo Bancshares (TCBK) 
Last trico bancshares earnings: 4/29 09:00 am Check Earnings Report
US:NASDAQ Investor Relations: tcbk.com/investor-relations
Company Research Source: Business Wire
CHICO, Calif.--(BUSINESS WIRE)--Tri Counties Bank announced today awards totaling more than $2.1 million in grants to three organizations that qualified for the Federal Home Loan Bank of San Francisco’s (FHLBank San Francisco) Affordable Housing Program General Fund (AHP).AHP grants are awarded annually to FHLBank San Francisco members working in partnership with affordable housing developers and community organizations. Tri Counties Bank successfully nominated three organizations to be considered for the grants: Collier Avenue (Nice, Calif.), Piper Way Senior Housing (Redding, Calif.), and Siskiyou Crossroads (Yreka, Calif.).AHP awards are highly competitive, ranked based on an extensive scoring process and granted to the highest-ranking projects. Basic eligibility requirements include projects demonstrating a need for subsidy and both developmental and operational feasibility. Further, rental housing projects must reserve at least 20% of units for households at or below 50% of t Show less Read more
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