$20,000 in Grants Awarded to Project Build a Future of Lake Charles
LAKE CHARLES, La.--(BUSINESS WIRE)--Nov 15, 2019--
First National Bank of Louisiana, First Federal Bank of Louisiana and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $20,000 in Partnership Grant Program (PGP) funds to Project Build a Future in Lake Charles, Louisiana.
The funds will help the nonprofit organization purchase home sites, improve those sites, develop a smaller home plan and develop new counseling and training for low-income working families seeking to buy a new home.
The media is encouraged to join local dignitaries and bank representatives at a check presentation at 2:30 p.m., Wednesday, November 20 at 707 South Lyons Street in Lake Charles.
The structure of the PGP enables FHLB Dallas member institutions to contribute $500 to $4,000 to a community-based organization, which FHLB Dallas matches at a 3:1 ratio.
For more information about the PGP, visit fhlb.com/pgp.
WHAT: | Check Presentation | |
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WHEN: | 2:30 p.m., Wednesday, November 20, 2019 | |
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WHO: | Melissa Dickson, Community Reinvestment Act Coordinator, First Federal Bank of Louisiana | |
| Roxanna Mize, Vice President, First National Bank of Louisiana | |
| Charla Blake, Executive Director, Project Build a Future | |
| Melanie Dill, Community and Economic Development Product Manager, FHLB Dallas | |
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WHERE: | 737 South Lyons Street | |
| Lake Charles, Louisiana 70601 | |
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| NOTE: This is the address of a Project Build a Future house that is under construction. The address may not yet be recognized by GPS apps. The house is north of Broad Street and south of I-10. |
View source version on businesswire.com:https://www.businesswire.com/news/home/20191115005468/en/
CONTACT: Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com
(214) 441-8445
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES PHILANTHROPY RESIDENTIAL BUILDING & REAL ESTATE OTHER PHILANTHROPY CONSTRUCTION & PROPERTY FOUNDATION BANKING
SOURCE: Federal Home Loan Bank of Dallas
Copyright Business Wire 2019.
PUB: 11/15/2019 03:06 PM/DISC: 11/15/2019 03:06 PM
http://www.businesswire.com/news/home/20191115005468/en