Media Advisory: Red River Bank and FHLB Dallas to Award $750K in Affordable Housing Funds to The Salvation Army of Central Louisiana

***Noon, Thursday, May 25, 1412 Centre Court, Suite 101, Alexandria, Louisiana 71301***

ALEXANDRIA, La.--(BUSINESS WIRE)--Red River Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will present $750,000 in Affordable Housing Program (AHP) funds to The Salvation Army of Central Louisiana (The Salvation Army CENLA) to build a multifamily homeless shelter and support facility in Alexandria, Louisiana.

The media is encouraged to attend the ceremonial check presentation at the Red River Bank offices, which will include representatives from Red River Bank, FHLB Dallas and The Salvation Army CENLA.

The funding will assist The Salvation Army CENLA in developing 32 rental units, including four apartments for families. The facility will include 1,665 square feet of shared space for a commercial kitchen, dining room, classrooms for empowerment programs, a laundry room and administrative offices. The estimated construction completion date for the $5.7 million project is July 2023.

Visit fhlb.com/ahp for more information.

WHAT:	Check presentation
WHEN:	Noon, Thursday, May 25, 2023
WHO:	Blake Chatelain, President and CEO, Red River Bank
	Jenifer Gilchrist, Senior Compliance Executive, Red River Bank
	Mikelle Kimsey, Banking Center Manager, Red River Bank
	Tammi Salazar, Executive Vice President and COO, Red River Bank
	Jannease Seastrunk, Senior Vice President, Community Relations and CRA, Red River Bank
	Bri Victor, Mortgage Loan Originator, Community Lender, Red River Bank
	Michelle Van Norden, Senior Regional Resource Development Director, The Salvation Army ALM Division
	Major Tim Williford, Corps Officer, Salvation Army CENLA
	Bruce Hatton, Community Marketing and Outreach Manager, FHLB Dallas
WHERE:	Red River Bank 1412 Centre Court, Suite 101, Alexandria, Louisiana 71301