Transformational Campus for Homeless Opens with $500K Grant from Texas Capital Bank, FHLB Dallas

Star of Hope Cornerstone Community Celebration, 9:00 a.m., November 9, 2017

HOUSTON--()--Star of Hope Mission celebrates the grand opening of the new Cornerstone Community, a 48-acre campus for homeless women and single-parent families with permanent supportive housing and needed service providers in a walkable, campus setting. A $500,000 Affordable Housing Program (AHP) grant in 2017 from Texas Capital Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) assisted in the construction of a 180-unit building for single women.

The media is invited to the celebration at 9:00 a.m., Thursday, November 9, 2017, at the Hope Chapel, 2575 Reed Road in Houston, Texas.

In 2017, the Bank awarded $7 million in AHP grants to 19 affordable housing projects. The grants will help create 1,108 new or rehabilitated housing units. Of the total amount, Texas was awarded $3,419,168 for 722 units. Since 1990, more than $245 million in AHP and AHP set-aside grants have been awarded through FHLB Dallas members to assist more than 45,500 individuals and families with their housing needs. For more information about the AHP and other Community Investment programs, visit fhlb.com.

     

WHAT:

Community Celebration
 

WHEN:

9:00 a.m., Thursday, November 9, 2017
 

WHO:

Mayor Sylvester Turner, City of Houston

Jenny Guzman, Community Development Officer, Texas Capital Bank

Annette Nguyen, SVP and Commercial Lending Manager, Amegy Bank

Greg Hettrick, First VP and Director of Community Investment, FHLB Dallas

Paul Speckhals, Affordable Housing Analyst, FHLB Dallas

 

WHERE:

Hope Chapel

2575 Reed Road
Houston, Texas 77051
 

Contacts

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

Release Summary

$500K grant from FHLB Dallas, Texas Capital Bank helps Houston homeless campus; grand opening event: 9 a.m., Nov. 9, Hope Chapel, 2575 Reed Rd.

Contacts

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