- September 15, 2023
- Bulletin No: 2023-25
We are pleased to share that $557,250 in Partnership Grant Program (PGP) funding has been awarded through 33 members to assist 43 community-based organizations (CBOs) with operational and administrative needs. Federal Home Loan Bank of Dallas (Bank) members contributed $157,250 to CBOs in their communities. The Bank provided an additional $400,000 in a 3:1 match of the qualifying member contributions.
Awarded annually, PGP funds help strengthen ties between members and CBOs to effect positive change in their communities. Through this unique program, our members contribute $500 to $4,000 to a CBO, which the Bank matches at a 3:1 ratio to provide the CBO with up to an additional $12,000 per contributing member or $24,000 if multiple members support the CBO.
Special thanks to our members for their continued support of this program.
Sanjay K. Bhasin
President and Chief Executive Officer