$45K Grant from FHLB Dallas and Four Banks Supports Affordable Housing in Louisiana

Fuller Center for Housing of NWLA Receives Partnership Grant Program Funds for 20^th Anniversary Legacy Build

BOSSIER CITY, La.--(BUSINESS WIRE)--For many families in Northwest Louisiana, the dream of homeownership is becoming a reality thanks to a $45,000 grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) and four local banks. The funds, awarded to the Fuller Center for Housing of NWLA (Fuller Center), will help cover administrative costs for the construction of 10 new homes next spring as part of the Fuller Center’s 20^th Anniversary Legacy Build.

Representatives from FHLB Dallas, Cadence Bank, Origin Bank, Progressive Bank and Red River Bank gathered today to celebrate the Partnership Grant Program (PGP) and the award to Fuller Center during a ceremonial check presentation in Bossier City, Louisiana, at the site where the homes will be built.

The grants were part of $1.2 million in PGP funds distributed through FHLB Dallas member institutions this year.

“These grants will help us do more than build homes,” said Lee A. Jeter, executive director with the Fuller Center. “They will help build stable futures.”

The Fuller Center provides affordable houses to low- to moderate-income households in the Shreveport-Bossier City area who are unable to secure traditional financing. Homebuyers receive no-interest mortgages with affordable payments.

“We are honored to support the Fuller Center’s mission of providing affordable housing,” said Stefanie Y’Barbo, first vice president at Cadence Bank. “This grant will help build lasting change.”

Origin Bank said investing in affordable housing strengthens the community.

“Origin Bank is proud to partner with FHLB Dallas and the Fuller Center to make homeownership possible for more families,” said Larry Little, state president at Origin Bank.

Caleb Burns, senior vice president at Progressive Bank, said Progressive was looking forward to the impact of the new homes.

“Providing affordable housing is a net positive for the Shreveport-Bossier City area, and we are eager to see this development take place,” he said.

Red River Bank said support for the project made sense.

“Fuller Center is making a positive impact by helping more residents become homeowners,” said Judy Madison, vice president of Mortgage Lending at Red River Bank.

Housing affordability and economic development is at the cornerstone of the PGP, and the Fuller Center’s work fits hand-in-hand with that, said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas.

“We’re proud to collaborate with our members to deliver PGP funding that supports organizations like the Fuller Center in helping people achieve the American Dream of homeownership,” he said.

About the Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $112.2 billion as of September 30, 2025, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit fhlb.com.

About Cadence Bank

Cadence Bank (NYSE: CADE) is a leading regional banking franchise with approximately $50 billion in assets and more than 400 branch locations across the South, Midwest and Texas. Cadence provides consumers, businesses and corporations with a full range of innovative banking and financial solutions. Services and products include consumer banking, consumer loans, mortgages, home equity lines and loans, credit cards, commercial and business banking, treasury management, specialized lending, asset-based lending, commercial real estate, equipment financing, correspondent banking, SBA lending, foreign exchange, wealth management, investment and trust services, financial planning and retirement plan management. Cadence is committed to a culture of respect, diversity and inclusion in both its workplace and communities. Cadence Bank, Member FDIC. Equal Housing Lender.

About Origin Bank

Deeply rooted in Origin’s history is a culture committed to providing personalized, relationship banking to businesses, municipalities and personal clients to enrich the lives of the people in the communities it serves. Origin offers a broad range of financial services and currently operates 55 banking centers located throughout Texas, Louisiana, Mississippi, Alabama and Florida.

About Progressive Bank

At Progressive Bank, our purpose is ‘to help people achieve their dreams’ and we’ve proudly done just that since our founding in Winnsboro in October 1975. With our expansions into the Monroe/West Monroe market in 1997 and into the Northwest Louisiana market in 2008, we’ve grown from assets of just over $42 million in 1996 to over $750 million today providing a myriad of deposit and lending services to local families and businesses. While we’re proud of this growth, we’re most proud of the relationships we’ve developed with our customers, employees, and friends all while being ‘large enough to be progressive but small enough to be personal’.

About Red River Bank

Red River Bank is a Louisiana state-chartered bank established in Alexandria, Louisiana, in 1999 that provides a fully integrated suite of banking products and services tailored to the needs of its commercial and retail customers. Red River Bank operates from a network of 28 banking centers throughout Louisiana and two combined loan and deposit production offices, one each in New Orleans, Louisiana and Lafayette, Louisiana. Banking centers are located in the following Louisiana markets: Central, which includes the Alexandria metropolitan statistical area ("MSA"); Northwest, which includes the Shreveport-Bossier City MSA; Capital, which includes the Baton Rouge MSA; Southwest, which includes the Lake Charles MSA; the Northshore, which includes Covington; Acadiana, which includes the Lafayette MSA; and New Orleans. Red River Bank is a subsidiary of Red River Bancshares, Inc., which trades under the trading symbol RRBI on the Nasdaq Global Select Market. Learn more at www.redriverbank.net.