Credit Coalition to Be Awarded $22K Grant from CommunityBank of Texas, FHLB Dallas

Check Presentation: 9:30 a.m., October 19, 2017

HOUSTON--()--The Credit Coalition, a nonprofit organization providing free homebuyer and financial education to the greater Houston and Beaumont/Port Arthur areas, will be awarded a total of $22,000 in Partnership Grant Program (PGP) funds from CommunityBank of Texas and the Federal Home Loan Bank of Dallas (FHLB Dallas). The Credit Coalition will use the funding to continue providing its services at no cost to qualified consumers.

The media is invited to the check presentation: 9:30 a.m., Thursday, October 19, 2017, at the CommunityBank of Texas, 9 Greenway Plaza, Suite 110 in Houston, Texas.

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. Members may contribute more than the $4,000 amount required to maximize the FHLB Dallas contribution, increasing the total amount to the organization.

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

WHAT:     Check Presentation
WHEN: 9:30 a.m., Thursday, October 19, 2017
WHO: Travis Jaggers, President, CommunityBank of Texas
Brandi Gregg, Executive Vice President & Chief Compliance Officer, CommunityBank of Texas

Ashley Warren, Marketing & Events Director, CommunityBank of Texas

Sherrie Young, Executive Director & Housing Counselor, Credit Coalition
Denise Schmitt, Community Investment Operations Manager, FHLB Dallas
WHERE: CommunityBank of Texas
9 Greenway Plaza, Suite 110
Houston, Texas 77046


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

Release Summary

Houston's Credit Coalition to receive $22K grant Oct. 19 from FHLB Dallas & CommunityBank of Texas to continue providing no-cost financial education.


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