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Press Releases

FOR IMMEDIATE RELEASE

July 13, 2018

Contact:
Corporate Communications
Federal Home Loan Bank of Dallas
www.fhlb.com
(214) 441-8445

$414K in Grants Awarded to 32 Community-Based Organizations

FHLB Dallas' Partnership Grant Program Provides 3:1 Match of Members' Donations

DALLAS, TEXAS, July 13, 2018 – The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce $414,010 in Partnership Grant Program funds have been awarded by FHLB Dallas and member institutions to 32 community-based organizations (CBO).

Through this unique grant program, FHLB Dallas member institutions contribute $500 up to $4,000 to a CBO, which FHLB Dallas matches at a 3:1 ratio to provide the CBO up to $12,000 in grant money. Grants are awarded annually through FHLB Dallas' member institutions via a lottery system. In 2018, FHLB Dallas awarded $300,000 in PGP funds that were combined with the $114,010 contributed by 31 FHLB Dallas members for a total of $414,010 to the organizations.

New Orleans, Louisiana-based Urban Conservancy, a nonprofit organization dedicated to research, education and advocacy to promote the regional built environment and local economies, received a $4,500 grant from FHLB Dallas' PGP and IBERIABANK. Urban Conservancy Executive Director Dana Eness says the grant will be used to produce videos to simplify and educate small business owners on the permitting process with the city of New Orleans.

The grant is the third PGP award Urban Conservancy has received from FHLB Dallas and IBERIABANK. The PGP was intended to strengthen partnerships between CBOs and FHLB Dallas members.

"At first, I did not fully appreciate the goal of the PGP to deepen our connections with local bankers," says Ms. Eness. "Over the years, I have come to understand how the PGP not only enables us to do something good within the community for our small businesses, but how it really helps our nonprofit have a stronger relationship with our IBERIABANK branch. Working with FHLB Dallas has been such a great process in terms of figuring out what the community needs and how we can play our part."

Partnership grants may be used to:

  • Offset operational and administrative expenses
  • Purchase or rent equipment or software
  • Hire staff and/or consultants
  • Secure training, consulting or technical support
  • Sponsor special program-related events
  • Conduct research or studies related to economic development or affordable housing projects
  • Hire professional contractors such as architects, engineers, grant writers or accountants

"The Partnership Grant Program continues to be one of our most sought-after grant programs. Our members are able to leverage the FHLB Dallas match to provide additional support for community-based organizations, and thus further strengthen their relationships with CBOs," said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas.

Below is the complete list of the 2018 PGP grant recipients. For more information about the 2018 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/community.

Note: The grants below reflect only the matching amount from FHLB Dallas.

Arkansas

Jonesboro
Member: BancorpSouth Bank
Sponsor: Habitat for Humanity of Greater Jonesboro, Inc.
Grant: $1,500

Member: Iberiabank
Sponsor: Habitat for Humanity of Greater Jonesboro, Inc.
Grant: $6,000

Member: First Security Bank
Sponsor: Habitat for Humanity of Greater Jonesboro, Inc.
Grant: $6,000

Member: Evolve Bank & Trust
Sponsor: Habitat for Humanity of Greater Jonesboro, Inc.
Grant: $3,000

Member: First Community Bank
Sponsor: Habitat for Humanity of Greater Jonesboro, Inc.
Grant: $3,000

Mountain Home
Member: First Security Bank
Sponsor: Bob Davis Male Veterans Shelter Inc.
Grant: $7,500

Louisiana

Alexandria
Member: BancorpSouth Bank
Sponsor: Re-Entry Solutions
Grant: $3,750

Baton Rouge
Member: Hancock Whitney Bank
Sponsor: Scotlandville Community Development Corporation
Grant: $12,000

Crowley
Member: First National Bank of Louisiana
Sponsor: Crowley Main Street
Grant: $12,000

Member: First National Bank of Louisiana
Sponsor: Empowering the Community for Excellence
Grant: $1,650

Lafayette
Member: Home Bank
Sponsor: Step Up Acadiana, NFP
Grant: $9,000

Member: Home Bank
Sponsor: A New Vision Leadership Foundation of Acadiana
Grant: $7,500

Natchitoches
Member: MidSouth Bank
Sponsor: Ben D. Johnson Educational Center
Grant: $4,500

New Orleans
Member: Home Bank
Sponsor: Puentes New Orleans
Grant: $4,000

Member: Iberiabank
Sponsor: The Urban Conservancy
Grant: $4,500

Slidell
Member: Hancock Whitney Bank
Sponsor: Northshore Housing Initiative, Inc.
Grant: $3,000

Member: First Bank & Trust
Sponsor: Northshore Housing Initiative, Inc.
Grant: $6,000

Member: Home Bank
Sponsor: Northshore Housing Initiative, Inc.
Grant: $6,000

Member: Iberiabank
Sponsor: Northshore Housing Initiative, Inc.
Grant: $6,000

Mississippi

Canton
Member: BankPlus
Sponsor: Madison Countians Allied Against Poverty
Grant: $12,000

Greenwood
Member: Bank of Commerce
Sponsor: Main Street Greenwood, Inc.
Grant: $6,000

Gulfport
Member: The First
Sponsor: Coalition of African American Communities
Grant: $7,200

Member: Community Bank of Mississippi
Sponsor: Coalition of African American Communities
Grant: $3,750

Indianola
Member: Guaranty Bank & Trust Company
Sponsor: Mississippi Community Financial Access Coalition
Grant: $12,000

Jackson
Member: BancorpSouth Bank
Sponsor: Restoration Home
Grant: $6,000

Member: BancorpSouth Bank
Sponsor: Corporation for Global Community Development
Grant: $7,500

Member: Trustmark National Bank
Sponsor: Housing, Education and Economic Development
Grant: $4,500

Member: BancorpSouth Bank
Sponsor: Housing, Education and Economic Development
Grant: $4,500

Member: BankPlus
Sponsor: Housing, Education and Economic Development
Grant: $3,000

Member: BankPlus
Sponsor: Center for Social Entrepreneurship
Grant: $12,000

Member: BankPlus
Sponsor: Dress for Success Metro Jackson
Grant: $6,470

Sunflower
Member: Planters Bank & Trust Company
Sponsor: Delta Grace, Inc.
Grant: $6,000

New Mexico

Albuquerque
Member: Wells Fargo Bank South Central
Sponsor: ABQid, Inc.
Grant: $12,000

Tucumcari
Member: Tucumcari Federal Savings & Loan
Sponsor: Tucumcari Main Street Corporation
Grant: $12,000

Texas

Austin
Member: Horizon Bank, SSB
Sponsor: Financial Literacy Coalition of Central Texas
Grant: $6,180

Beaumont
Member: CommunityBank of Texas, N.A.
Sponsor: Habitat for Humanity of Jefferson County, Inc.
Grant: $12,000

Houston
Member: CommunityBank of Texas, N.A.
Sponsor: Credit Coalition
Grant: $12,000

Member: Green Bank
Sponsor: Career Gear Houston
Grant: $4,500

Lufkin
Member: Citizens National Bank
Sponsor: Lufkin Neighborhood STRONG
Grant: $4,350

Member: Austin Bank Texas NA
Sponsor: Lufkin Neighborhood STRONG
Grant: $4,350

Member: Southside Bank
Sponsor: Lufkin Neighborhood STRONG
Grant: $3,300

Pearland
Member: Comerica Bank
Sponsor: PowHer Play Inc
Grant: $7,500

Richardson
Member: LegacyTexas Bank
Sponsor: Richardson Adult Literacy Center
Grant: $12,000

San Antonio
Member: Jefferson Bank
Sponsor: Southside First
Grant: $12,000

 

About the Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $68.5 billion as of March 31, 2018, is a member-owned cooperative that supports housing and community investment by providing competitively priced loans and other credit products to approximately 825 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit fhlb.com.

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