-

Media Advisory: Red River Bank and FHLB Dallas to Award $16K in Community Revitalization Nonprofit

***11:00 a.m., Tuesday, November 8, 1412 Centre Court Drive, Alexandria, Louisiana 71301***

ALEXANDRIA, La.--(BUSINESS WIRE)--Red River Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $16,000 in Partnership Grant Program (PGP) funding to the Greater Alexandria Economic Development Authority Revitalization Corp. (GAEDA)

GAEDA, which promotes urban renewal in Rapides Parish, renovates, restores and develops properties to reverse blight. It will use PGP funds to help cover the cost of social services for elderly adults. It will also sponsor seminars and workshops for low-income families.

PGP funds help nonprofits fund a variety of operational and administrative activities. FHLB Dallas matches member institution contributions of $500 to $4,000 by a 3:1 ratio. The funds will be awarded at a ceremonial check presentation on Tuesday, November 8. Media is encouraged to attend.

WHAT:   

Check presentations for GAEDA

 

 

WHEN:   

11:00 a.m. Tuesday, November 8, 2022

 

 

WHO:

Jannease Seastrunk, Senior Vice President, Community Relations and CRA Officer, Red River Bank

 

Blake Chatelain, President and CEO, Red River Bank

 

Tammi Salazar, Executive Vice President, Red River Bank

 

Bri Victor, Mortgage Loan Originator, Red River Bank

 

Willie Spears, Executive Director, GAEDA

 

Dianne Bolen, Board of Directors, FHLB Dallas

 

Melanie Dill, Community and Economic Development Product Manager, FHLB Dallas        

 

 

WHERE:

Red River Bank, 1412 Centre Court Drive, Alexandria, Louisiana, 71301

 

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