$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.
2:30 p.m., Wednesday, November 20, 2019
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
737 South Lyons Street
Lake Charles, Louisiana 70601
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/20191115005464/en/
CONTACT: Corporate Communications
Federal Home Loan Bank of Dallas
KEYWORD: LOUISIANA UNITED STATES NORTH AMERICA
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 03:03 PM/DISC: 11/15/2019 03:03 PM