Partnership Grant from Merchants and Planters Bank and FHLB Dallas to Revitalize Downtown Batesville, Arkansas

Check Presentation: 3:00 p.m., Monday, September 11, 2017

BATESVILLE, Ark.--()--Efforts to revitalize downtown Batesville, Arkansas, will be expanded, thanks to $16,000 in Partnership Grant Program (PGP) funds from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Merchants and Planters Bank. The grant will be awarded to Main Street Batesville during a check presentation at 3:00 p.m., Monday, September 11, 2017, at 174 Central Avenue in Batesville, Arkansas. The media is invited to the check presentation.

The nonprofit will use the funds for organizational capacity-building and contractual services, including funding the second phase of a new park space.

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.

   

WHAT:

Check Presentation
 

WHEN:

3:00 p.m., September 11, 2017
 

WHO:

Rick Elumbaugh, Mayor of Batesville, Arkansas

Tara Salinas, Vice President of Marketing, Merchants and Planters Bank

Shannon Haney, Executive Director, Main Street Batesville

Bruce Hatton, Vice President, Affordable Housing Program Manager, FHLB Dallas

 

WHERE:

Maxfield Park
174 Central Avenue
Batesville, Arkansas 72501

Contacts

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

Release Summary

A $16K PGP grant will be awarded to Main Street Batesville by Merchants and Planters Bank and FHLB Dallas on Monday, Sept. 11 at 3:00 p.m.

Contacts

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