-

Historic Building Reopens as Senior Housing Complex

12:30 p.m. Wednesday, May 4; 5909 St. Claude Avenue, New Orleans, Louisiana

NEW ORLEANS--(BUSINESS WIRE)--Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded $250,000 in Affordable Housing Program (AHP) funds to renovate a mixed-use facility and historical school building into 25 rental units for residents that are age 55 and older. The facility will also feature exhibition space dedicated to the history of New Orleans, Louisiana’s, public school desegregation and civil rights.

The funds were awarded to the Leona Tate Foundation for Change to renovate the former McDonogh 19 school building as the Tate Etienne and Prevost Center in New Orleans.

The media is encouraged to join organization and bank representatives at the grand opening at 12:30 p.m. Wednesday, May 4, 2022, at the Tate Etienne and Prevost Center at 5909 St. Claude Avenue in New Orleans, Louisiana.

AHP funds are intended to assist FHLB Dallas members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing, and housing for homeless individuals. In 2021, FHLB Dallas awarded $18.5 million in subsidies to 26 affordable housing projects to help create or rehabilitate 2,113 housing units. For more information about AHP, visit fhlb.com/ahp.

WHAT:

Ribbon cutting and grand opening

 

WHEN:

12:30 p.m. Wednesday, May 4, 2022

 

WHO:

Kelvin Luster, Senior Vice President and Community Development Director, Home Bank

George Dupuy, Senior Commercial Relationship Manager, Home Bank

Leona Tate, Founder and Executive Director, Tate Etienne and Prevost Center

Jonathan Leit, Director, Alembic Community Development

Marc Morial, President and CEO, National Urban League

Steven Matkovich, Affordable Housing Rental Project Manager, FHLB Dallas

 

WHERE:

Tate Etienne and Prevost Center

5909 St. Claude Avenue

New Orleans, Louisiana 70117

 

Contacts

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

Industry:

Federal Home Loan Bank of Dallas

Release Versions
English

Contacts

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

More News From Federal Home Loan Bank of Dallas

FHLB Dallas and Gulf Coast Bank & Trust Help Baton Rouge, Louisiana, Woman Become a First-Time Homeowner with $20K Grant

BATON ROUGE, La.--(BUSINESS WIRE)--For years, Kiffany Gordon of Baton Rouge, Louisiana, wanted to transition from renting to owning a home of her own. With rising rental costs, she knew homeownership would offer more stability. With the support of a $20,000 Homebuyer Equity Leverage Partnership (HELP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) through Gulf Coast Bank & Trust (Gulf Bank), she achieved her goal this year. Ms. Gordon learned of the grant through Gulf Bank. H...

FHLB Dallas and First National Bank Texas Celebrate Revitalization of Affordable Single-Family Homes in Laguna, New Mexico

LAGUNA, N.M.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas), First National Bank Texas (FNBT) and The Laguna Housing Development and Management Enterprise (LHDME) celebrated today the revitalization and grand opening of Laguna #4, an affordable housing community of single-family homes. This revitalization was made possible, in part, by a $1 million Affordable Housing Program (AHP) grant from FHLB Dallas, awarded through FNBT, an FHLB Dallas member. The project builds on th...

Federal Home Loan Bank of Dallas and Homewise Provide $25K Grant to Help Santa Fe, New Mexico, Family Achieve Homeownership

SANTA FE, N.M.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas) Homebuyer Equity Leverage Partnership (HELP) grant made homeownership possible for Ricky Corriz and his family by providing down payment assistance. The grant was awarded through FHLB Dallas member Homewise. “Ever since we had our first son (now 12), my partner and I always wanted something stable for our family,” said Mr. Corriz, 33, of Santa Fe, New Mexico. Now with three children, including a 5-year-old son a...
Back to Newsroom