Affordable Housing Nonprofit in Lake Charles to Receive $20K Grant from Three Banks

1:30 p.m., Wednesday, September 27, 709 V.E. Washington Street, Lake Charles, Louisiana 70601

LAKE CHARLES, La.--()--The affordable housing nonprofit Project Build a Future will be awarded $20,000 in Partnership Grant Program (PGP) funds on September 27, 2017, from the Federal Home Loan Bank of Dallas (FHLB Dallas), First Federal Bank of Louisiana (FFBLA) and First National Bank of Louisiana (FNBLA), both FHLB Dallas member institutions.

Project Build a Future will use the funds to expand its home rehabilitation program and provide training for staff. The media is invited to a check presentation at 1:30 p.m., Wednesday, September 27, 2017 in Lake Charles, Louisiana.

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:

1:30 p.m., September 27, 2017
 

WHO:

State Senator Ronnie Johns, (District 27), Calcasieu Parish

Greg Webb, Southwest Market President, First National Bank of Louisiana

Brad Evans, Vice President, First National Bank of Louisiana

Roxanna Mize, Vice President, First National Bank of Louisiana

Melissa Dickson, CRA Coordinator, First Federal Bank of Louisiana

Heather Johnson, CRA Administrative Assistant, First Federal Bank of Louisiana

Charla Blake, Executive Director, Project Build a Future

Henry Mancuso, President, Co-Founder, Project Build a Future

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

 

WHERE:

709 V.E. Washington Street
Lake Charles, Louisiana 70601
 

Contacts

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

Release Summary

Lake Charles, LA affordable housing nonprofit to be awarded $20K grant 9/27 from FHLB Dallas, First Federal Bank of LA and First National Bank of LA.

Contacts

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