Committee for a Better New Orleans to be Awarded $16K Grant

Check Presentation, 1:30 p.m., Tuesday, August 23

NEW ORLEANS--()--New Orleans metro media outlets are encouraged to attend the presentation of a $16,000 Partnership Grant Program (PGP) award from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Gulf Coast Bank & Trust to the Committee for a Better New Orleans, which celebrates its 50th anniversary this year.

The grant will be used for product development research, community events, and support materials for two community programs. The first is The Big Easy Budget Game, which gives residents an opportunity to create their own versions of the New Orleans city budget. The citizens’ budgets will be presented to the mayor and City Council. Secondly, the Lower 9th Ward Participatory Budgeting program will give residents of this still-devastated area an opportunity to select their priority projects.

PGP awards provide grants up to $12,000 to community-based organizations (CBO). The funds may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services. Through PGP awards, FHLB Dallas matches a member’s contribution to a CBO of $500 up to $4,000 at a 3:1 ratio. The grants are offered via a lottery system once a year through FHLB Dallas members. In 2016, FHLB Dallas awarded $225,000 in PGP funds. Combined with the $96,200 contributed by the Bank’s members, a total of $321,200 was awarded to CBOs to help with their operational needs. For more information, visit fhlb.com.

     

WHAT:

Check Presentation
 

WHEN:

1:30 p.m., Tuesday, August 23, 2016
 

WHO:

Guy Williams, President & CEO, Gulf Coast Bank & Trust Company

Keith G.C. Twitchell, President, Committee for a Better New Orleans

Anthony Carter, Board Co-Chair, Committee for a Better New Orleans, and CFO, Downtown Development District

Nicole Dillard, Board Co-Chair, Committee for a Better New Orleans, and Advisory Services Director, trepwise

Greg Hettrick, First Vice President, Community Investment Director, FHLB Dallas

 

WHERE:

Gulf Coast Bank & Trust
201 N. Carrollton Avenue
New Orleans, LA 70119

Contacts

Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445
www.fhlb.com

Contacts

Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445
www.fhlb.com