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July 27, 2017


Corporate Communications
Federal Home Loan Bank of Dallas
(214) 441-8445

Onsite Housing Rehabbed with Help from $304K Affordable Housing Program Grant

FHLB Dallas and Whitney Bank Partner to Support Louisiana Adult and Teen Challenge

Darcie_Efferson_001_small.jpgNEW ORLEANS, LOUISIANA, July 27, 2017 — The recent restoration of housing on the campus of Louisiana Adult and Teen Challenge (LATC) in New Orleans is a powerful metaphor for the lives that are restored here. A $304,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution, Whitney Bank, covered nearly 70 percent of the total project cost.

LATC provides a Christian faith-based program to those with life-controlling drug and alcohol problems. On its campus, several buildings that provide housing for 20 residents and up to 12 staff members required critical repairs.

"The HVAC in the men's induction center never functioned very well," said LATC Executive Director Greg Dill. "But it's been redone, and it's now quite comfortable inside." He said the grant also covered the expense of adding stucco to the exterior of the main building — a necessity amid southern Louisiana's heat, humidity and storms. The project also included painting the century-old duplex that houses offices on one side and staff living quarters on the other. In addition, security cameras and an 8-foot, wrought iron fence were installed around the campus' three buildings and four lots.

"It's been very good for the neighborhood," he said. "Aesthetically it looks very nice, and together, the cameras and fencing have really improved security."

Greg_Dill_001_small.jpgAHP grants are available annually through FHLB Dallas member institutions such as Whitney Bank to assist in the development of affordable owner-occupied and rental housing for very low- to moderate-income households located across FHLB Dallas' five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. In 2016, FHLB Dallas awarded $7.8 million in AHP grants to 27 projects that resulted in 1,499 new or renovated housing units. Since 1990, the AHP has awarded more than $254 million to assist more than 47,000 households across FHLB Dallas' five-state District.

"LATC stands strong in its commitment to serving those in need in New Orleans and across Louisiana," said Ashley Aubrey Harrison, assistant vice president and community affairs officer at Whitney Bank. "Whitney Bank supports their selfless dedication to serving others and is honored to contribute to improving the quality of life for all involved."

Current LATC resident Bradley Sanburn, 38, arrived three months ago after learning about the program while incarcerated. "I was raised in church, but I left and was selling drugs," he said. "If I had not heard about Teen Challenge, I would have gotten out of jail and gone back to that life."

Using biblical principles, the 12-month free program helps up to 20 people at a time "to become mentally sound, emotionally balanced, socially adjusted, physically well and spiritually alive," according to its mission statement. LATC does not receive funding from local, state or federal governments.

Darcie Efferson, 31, and her husband, Malcom, 33, arrived at LATC on February 21, 2013. "We were using drugs and on the verge of divorce," she said.

residences_small.jpgRelatives told the couple about LATC. After completing the year-long program, the pair, with their 10-year-old son and 19-month-old daughter, now live and work on campus. Mrs. Efferson is an office manager; her husband is the work detail supervisor.

"The best thing about the program is that it gets you on track to know God, and it puts structure back in your life," she said.

Earlier this year, Tim Andrews, 20, completed a year-long Teen Challenge program in his home state of Indiana, and then moved to New Orleans to serve the nonprofit for six months as an unpaid intern.

"God worked a lot of things out in me, and one of those things was working for Teen Challenge," he said. "For the year that I was in the program, I learned to work with people and gained a lot of social skills. More than anything, God dealt with some issues that were key to everything I'd done before. Once I realized the problems, Teen Challenge helped me to deal with them."

Teen Challenge was founded in Brooklyn, New York, in 1958 by the Rev. David Wilkerson. Today, the nonprofit, known as Adult and Teen Challenge, has more than 200 affiliates nationwide.

"Giving back to the communities served by our members is part of FHLB Dallas' mission," said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas. "Whitney Bank is a strong and valued partner in this community commitment, and we appreciate their continued dedication to the citizens of Louisiana."

To learn more about the Affordable Housing Program, visit

About Whitney Bank

Part of Hancock Holding Company's Gulf South financial services family, Whitney Bank locations in Louisiana and Texas and Hancock Bank locations in Mississippi, Alabama, and Florida provide comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee. BauerFinancial, Inc., the nation's leading independent bank rating and analysis firm, has rated the bank among the most financially sound U.S. banks and credits unions for 111 consecutive quarters—almost 28 years in a row—as of March 31, 2017. More information is available at

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 $62.9 billion as of June 30, 2017, is a member-owned cooperative that supports housing and community investment by providing competitively priced loans and other credit products to approximately 850 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit