-

Media Advisory: Comerica Bank and FHLB Dallas Celebrate Grand Opening of Houston-Based Affordable Housing Project

***11:30 a.m to 1.30 p.m. Thursday, October 12, New Hope Housing Savoy, 6315 Savoy Drive, Houston, TX 77036 ***

HOUSTON--(BUSINESS WIRE)--Join Comerica Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) on Thursday, October 12, to celebrate the opening of a 120-unit, supportive housing project in Houston, Texas. The apartments were built with the assistance of a $750,000 Affordable Housing Program (AHP) subsidy provided by FHLB Dallas through its member, Comerica Bank.

New Hope Housing (NHH) Savoy will provide families and individuals of modest income with affordable housing options in the Gulfton-Sharpstown neighborhood of Houston.

AHP funds assist FHLB Dallas members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing.

The media is invited.

WHAT: Grand Opening of NHH Savoy

WHEN: 11:30 a.m. to 1.30 p.m., Thursday, October 12, 2023

WHO:

  • Mayor Sylvester Turner, City of Houston
  • Regina Recinos, Texas General Land Office
  • Edward Pollard, Houston City Council
  • Matt Reilein, National Equity Fund, Inc
  • Joy Horak-Brown, New Hope Housing
  • Ken Valach, New Hope Housing
  • Ron Lastimosa, New Hope Housing
  • Jason Baker, Comerica Bank
  • Lykesha Shelton, Comerica Bank
  • Vanessa Reed, Comerica Bank
  • Kelly Solaka, Comerica Bank
  • Bruce Hatton, FHLB Dallas

WHERE: New Hope Housing Savoy, 6315 Savoy Drive, Houston, Texas 77036

Contacts

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

Industry:

Federal Home Loan Bank of Dallas

Release Versions
English
Hashtags
#affordablehousing

Contacts

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

Social Media Profiles
@FHLBDallas
More News From Federal Home Loan Bank of Dallas

$20K Grant from FHLB Dallas and BankPlus Paves the Way for Mississippi Family’s First Home Purchase

MERIDIAN, Miss.--(BUSINESS WIRE)--Jharmain and Charity Inge of Meridian, Mississippi, recently achieved their dream of homeownership with the support of a $20,000 Homebuyer Equity Leverage Partnership (HELP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), awarded through its member BankPlus. The grant helped cover down payment and closing costs, allowing the Inge family to close on their new home earlier this year. They connected with BankPlus while exploring opportunities to mak...

FHLB Dallas and Community Bank of Louisiana Support Family-Owned Septic Services Provider with Small Business Boost Loan

MANY, La.--(BUSINESS WIRE)--With demand growing and operational costs rising, Moore Brothers Pumping in Many, Louisiana, turned to a Small Business Boost (SBB) loan from the Federal Home Loan Bank of Dallas (FHLB Dallas) to strengthen its operations. The family-owned wastewater and septic services provider used a $19,560 SBB loan provided through FHLB Dallas member, Community Bank of Louisiana, to purchase a truck that supports a key shift in its business model. “We feel blessed,” said Trisha M...

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...
Back to Newsroom