Banks Partner to Award $12,000 to Habitat for Humanity of Greater Jonesboro

Check Presentation: 9:00 a.m., Tuesday, September 12, 2017

JONESBORO, Ark.--()--IBERIABANK, Evolve Bank and Trust and the Federal Home Loan Bank of Dallas (FHLB Dallas) partnered to award $12,000 in Partnership Grant Program (PGP) funds to Habitat for Humanity of Greater Jonesboro (Jonesboro Habitat). The grant will be awarded to Jonesboro Habitat during a check presentation at 9:00 a.m., Tuesday, September 12, 2017, at 520 West Monroe Avenue in Jonesboro, Arkansas. The media is invited to the check presentation.

The nonprofit will use the funds for capacity-building and will go toward two employees’ salaries.

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:

9:00 a.m., September 12, 2017
 

WHO:

Harold Perrin, Mayor of Jonesboro, Arkansas

Paul Hutcheson, Market President, IBERIABANK

Blake Johnson, Vice President, Evolve Bank and Trust

Micheal Sullivan, Executive Director, Habitat for Humanity of Greater Jonesboro

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

 

WHERE:

Habitat for Humanity of Greater Jonesboro
520 West Monroe Avenue
Jonesboro, Arkansas 72401

Contacts

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

Release Summary

Jonesboro Habitat will receive $12K in Partnership Grant Program funds from FHLB Dallas, IBERIABANK and Evolve Bank and Trust on Tuesday, Sept. 12.

Contacts

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