-

Media Advisory: FHLB Dallas and Stellar Bank Award $85K in Grants to Three Houston-Based Community Organizations

***2:30 p.m., Tuesday, December 3, 2024, 9 Greenway Plaza, Houston, Texas 77046***

HOUSTON--(BUSINESS WIRE)--Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Stellar Bank will award $85,000 in grants to three Houston-based nonprofits: the Community Development Corporation of Freedmens Town ($30,000), Houston Real Estate Association CDC (HREACDC) ($30,000) and Credit Coalition ($25,000).

Under the Partnership Grant Program, FHLB Dallas member institutions contribute $500 to $5,000 to a nonprofit, which FHLB Dallas matches at a 5:1 ratio to provide up to $25,000 to the organization per member. The awards help promote and strengthen relationships between community-based nonprofits and FHLB Dallas members. This year, more than $1.2 million in funding was awarded to 47 community-based organizations via 41 member institutions.

The media is encouraged to attend the event. Please RSVP to events@fhb.com.

Learn more about the FHLB Dallas Partnership Grant Program.

WHEN: 2:30 p.m., Tuesday, December 3, 2024

WHERE:
Stellar Bank
9 Greenway Plaza
Houston, TX 77046

Parking is available at the 9 Greenway building. If you park in Life Time Garage, Stellar Bank will validate parking.

ATTENDEES:

  • Marcus Vasquez, Stellar Bank
  • Mark Loya, FHLB Dallas
  • Gladys House, Freedmens Town CDC
  • Kimberley Barnes Henson, HREACDC
  • Sherrie Young, Credit Coalition

 

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

$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