MORIARTY, N.M.--(BUSINESS WIRE)--The Estancia Valley Foundation for Economic Education & Development (Estancia Valley) will be awarded $10,000 in Partnership Grant Program (PGP) funds from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Wells Fargo, an FHLB Dallas member institution. Estancia Valley will use the PGP grant to help regional government and educational organizations and small businesses locate funding sources. The media is invited to attend.
PGP awards provide grants to community-based organizations (CBOs) of up to $12,000. The funds may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services. Through the PGP, FHLB Dallas matches a member’s contribution to a CBO of $500 up to $4,000 at a 3:1 ratio for a maximum $12,000 contribution from FHLB Dallas. The grants are offered via a lottery system once a year through FHLB Dallas members. In 2017, FHLB Dallas awarded $300,000 in PGP funds through 31 member institutions to assist 30 CBOs. Combined with the $104,550 contributed by FHLB Dallas members, a total of $404,550 was awarded to the organizations. For more information, visit fhlb.com.
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WHAT: |
Check Presentation |
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WHEN: |
12:30 p.m., Thursday, August 31, 2017 |
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WHO: |
Bill Woldman, Field Representative, Office of U.S. Senator Tom Udall |
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Don Pearson, Lead Regional President, Desert Mountain Area, Wells Fargo |
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Pat Nie, Vice President, Community Development, Wells Fargo |
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Myra Pancrazio, Executive Director, Estancia Valley Economic Education and Development Association |
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Greg Hettrick, First Vice President, Director of Community Investment, FHLB Dallas |
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WHERE: |
Estancia Valley Foundation for Economic Education & Development |
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2515 Route 66, 2nd Floor |
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| Moriarty, New Mexico 87035 | |||
