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August 10, 2016


Corporate Communications
Federal Home Loan Bank of Dallas

(214) 441-8445

Frost Bank and FHLB Dallas Award $10K Grant to Habitat for Humanity Texas

FHLBDallas2016HabitatForHumanityWEB-31_2.jpgSAN MARCOS, TEXAS, August 10, 2016 — Habitat for Humanity Texas (HFHTX), the support organization of the 83 local Texas affiliates, received a $10,000 Partnership Grant Program (PGP) award  yesterday from the Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution Frost Bank. The funds will be used to hire a fundraising consultant to support HFHTX's annual conference, which has more than doubled in attendance in recent years. The annual event, known as the Lone Star Summit, was held this week in San Marcos.

The grant is the third to the nonprofit from Frost Bank and FHLB Dallas since 2007. The ceremonial check was presented to HFHTX Executive Director Amy Ledbetter Parham in conjunction with the Summit.

"The local affiliates do a fantastic job, but they are overworked, and they can sometimes feel alone," Ms. Parham said. "One of my roles is to bring people together. Nearly 300 people signed up this year compared to the 120 we had three years ago. The fundraising consultant hired by this grant will ultimately help affiliates make connections with vendors, stakeholders, and partners at upcoming conferences and throughout the year. This will support their work on the ground."

HFHTX was founded in 2005 to provide advocacy, technical support, resource development, and disaster recovery to the 83 community- and county-based Habitat affiliates in Texas. These affiliates work with qualified families, those making 80 percent or less of the area median income, to become homeowners. These homeowners put in hundreds of hours of "sweat equity" on their homes and those of other partner families.

PGP grants are offered annually through FHLB Dallas' member institutions via a lottery system. Funds may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services.

"This PGP grant from Frost and FHLB Dallas, like the others before it, will make a significant difference for HFHTX to target funding where they most need it," said Donna Normandin, senior vice president & CRA officer at Frost Bank. "We value the opportunities created by FHLB Dallas membership to support the communities we serve."

Through the PGP, member institutions contribute $500 up to $4,000 to a community-based organization (CBO). FHLB Dallas matches the contributions at a 3:1 ratio, which provide up to $12,000 in grant money to a CBO. In 2016, FHLB Dallas awarded $225,000 in PGP funds to assist 23 CBOs. Combined with the $96,200 from member institutions, a total of $321,200 was awarded this year.

"Frost Bank does an outstanding job of investing resources within its local communities," said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas. "This HFHTX grant will reach across many Texas communities and touch numerous lives. Thank you, Frost Bank, for sharing our commitment to community investment."

About Frost Bank

Frost is the banking, investments and insurance subsidiary of Cullen/Frost Bankers, Inc. (NYSE: CFR), a financial holding company with $29.0 billion in assets at June 30, 2016. One of the 50 largest U.S. banks by asset size, Frost provides a full range of banking investments and insurance services to businesses and individuals in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley and San Antonio regions. Founded in 1868, Frost has helped Texans with their financial needs during three centuries. For more information, visit

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 $54.4 billion as of June 30, 2016, is a member-owned cooperative that supports housing and community development by providing competitively priced advances and other credit products to approximately 850 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico, and Texas. Visit for more information.