| JANNEY MONTGOMERY SCOTT 1717 Arch Street Philadelphia, PA 19103 www.janney.com |
November 5, 2021
BY EDGAR
Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
| Re: | Ponce Financial Group, Inc. |
Registration Statement on Form S-1 filed November 5, 2021 (File No. 333-258394)
Request for Acceleration of Effective Date
Ladies and Gentlemen:
In accordance with Rule 461 of Regulation C promulgated under the Securities Act of 1933, we hereby join Ponce Financial Group, Inc. in requesting that the effective date of the above-referenced Registration Statement be accelerated so that it will become effective November 9, 2021, at 5 p.m. ET, or as soon as possible thereafter.
| Very Truly Yours, |
| Janney Montgomery Scott LLC |
| /s/ Greg Gersack |
Name: Greg Gersack Title: Head of Midwest &West Coast Depositories & Head of Equity Capital Markets |
| cc: | Daniel P. Weitzel |
Locke Lord LLP