PONTIAC (AP) — Flagstar Bank plans to invest $10 million over five years to boost development in Pontiac.
The bank says that the money includes $5 million for Flagstar’s Pontiac home mortgage initiative, including customized home loans for Pontiac residents and veterans, as well as $2.5 million to support small businesses, startups and economic growth.
As part of the investment, the Troy-based bank says there’s $1.5 million for the previously announced naming rights to the Flagstar Strand Theatre for the Performing Arts and related efforts, and $1 million for financial literacy and asset-building initiatives.
- Posted September 21, 2016
- Tweet This | Share on Facebook
Flagstar Bank to invest $10 million to boost development in Pontiac
headlines Oakland County
- Historical: Circuit Court judge has made indelible mark
- ABA amicus brief supports noncitizens’ right to a bond hearing when detention becomes ‘unreasonably prolonged’
- Nessel secures full victory in lawsuit challenging administration’s attack on fair housing protections
- Whitmer announces new automotive jobs, investment in Oakland County
- AG pushes federal government to strengthen rules to combat illegal robocalls
headlines National
- ABA Legal Ed council repeals DEI standard
- Is Perry Mason TV’s most effective lawyer? New study names top 5
- Lawyer who cited paraphrasing as direct quotes in 2nd Circuit brief says AI played a role
- After jury deadlock and mistrial, Lindsay Clancy could face second trial
- Murder, Corruption and RICO in Georgia: Fateful meeting I didn’t want to attend led to courtroom win
- Bad Bunny, Justin Bieber among musical stars facing copyright suit for using reggaeton’s signature beat
