Five Banks Award More Than $34K to Shreveport Housing Nonprofit – QNT Press Release


The Fuller Center of Northwest Louisiana Awarded Partnership Grant Program Funds

The Fuller Center for Housing of Northwest Louisiana (Fuller Center NWLA) received $34,200 in Partnership Grant Program (PGP) funds. Representatives from Cadence Bank, Hancock Whitney, Origin Bank and Red River Bank joined the Federal Home Loan Bank of Dallas (FHLB Dallas) to award the grants during a ceremonial check presentation today.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220914005999/en/

FHLB Dallas and four of its member institutions granted a Louisiana nonprofit more than $34,000 in a ceremonial check presentation. (Photo: Business Wire)

The following FHLB Dallas members provided funding, which includes a 3:1 match from FHLB Dallas:

Cadence Bank: $9,054

Hancock Whitney: $8,382

Origin Bank: $8,382

Red River Bank: $8,382

PGP awards provide 3:1 matches of member contributions to provide grants up to $12,000 per member to help promote and strengthen relationships between CBOs and FHLB Dallas members. The PGP also complements the development activities fostered by FHLB Dallas’ Affordable Housing and Community Investment programs.

The Fuller Center NWLA builds new homes for low-income homebuyers who are unable …

Full story available on Benzinga.com



Source link

Recommended For You

About the Author: News Center