{"id":820382,"date":"2022-09-15T19:50:58","date_gmt":"2022-09-15T17:50:58","guid":{"rendered":"https:\/\/15.161.165.86\/non-categorizzato\/five-banks-award-more-than-34k-to-shreveport-housing-nonprofit\/"},"modified":"2022-09-15T19:50:58","modified_gmt":"2022-09-15T17:50:58","slug":"five-banks-award-more-than-34k-to-shreveport-housing-nonprofit","status":"publish","type":"post","link":"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/five-banks-award-more-than-34k-to-shreveport-housing-nonprofit\/","title":{"rendered":"Five Banks Award More Than $34K to Shreveport Housing Nonprofit"},"content":{"rendered":"

\nThe Fuller Center of Northwest Louisiana Awarded Partnership Grant Program Funds\n<\/p>\n

SHREVEPORT, La.–(BUSINESS WIRE)–#affordablehousing<\/a>–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.\n<\/p>\n

<\/a>
<\/a><\/p>\n

\nThe following FHLB Dallas members provided funding, which includes a 3:1 match from FHLB Dallas:\n<\/p>\n

\nCadence Bank: $9,054\n<\/p>\n

\nHancock Whitney: $8,382\n<\/p>\n

\nOrigin Bank: $8,382\n<\/p>\n

\nRed River Bank: $8,382\n<\/p>\n

\nPGP 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\u2019 Affordable Housing and Community Investment programs.\n<\/p>\n

\nThe Fuller Center NWLA builds new homes for low-income homebuyers who are unable to obtain adequate financing through other conventional means. Recipients receive a no-interest mortgage and affordable payments.\n<\/p>\n

\n\u201cOur work is very important to the citizens of northwest Louisiana, and I could not be more thankful to partner with institutions that believe in and support our purpose,\u201d said Lee A. Jeter Sr., executive director of The Fuller Center. \u201cIt\u2019s because of these partnerships that we are able to create more affordable housing options across our territory.\u201d\n<\/p>\n

\nAdam Sistrunk, Cadence Bank president \u2013 Northwest Louisiana Division, said they continue to support life-changing organizations.\n<\/p>\n

\n\u201cWe have a strong commitment to our local communities, and it\u2019s evident on days like today where we\u2019re able to assist organizations that are changing lives,\u201d said Mr. Sistrunk. \u201cThis organization has a long record of completing quality affordable housing projects across Northwest Louisiana.\u201d\n<\/p>\n

\nHancock Whitney Assistant Vice President and Community Development Officer LaCarsha Babers said communities rely on PGP funding.\n<\/p>\n

\n\u201cWe\u2019re thankful that FHLB Dallas makes PGP funds available because it allows our local communities to thrive,\u201d said Ms. Babers. \u201cWe are thankful for the opportunity to support The Fuller Center.\u201d\n<\/p>\n

\nOrigin Bank has been contributing to local organizations for years.\n<\/p>\n

\n\u201cOur dollars go further with FHLB Dallas, and we are thrilled to support local citizens alongside The Fuller Center with these funds,\u201d said Shelia Grayson, vice president, CRA and community development officer at Origin Bank.\n<\/p>\n

\nRed River Bank has a longtime history of support for the organization.\n<\/p>\n

\n\u201cWe have been a financial supporter of The Fuller Center for many years now because they continue to prove that they\u2019re making a lasting impact and improving lives across northwest Louisiana,\u201d said Jannease Seastrunk, senior vice president, CRA and community relations officer for Red River Bank.\n<\/p>\n

\nIn 2022, FHLB Dallas awarded $400,000 in PGP funds, and its members provided an additional $158,895 in funding for an impact of nearly $559,000 to 38 community organizations in its five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas.\n<\/p>\n

\n\u201cThese four members are reliable and trusted partners in the communities they serve,\u201d said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas. \u201cTheir reputation speaks volumes with local nonprofits, and we\u2019re happy to support their work with The Fuller Center.\u201d\n<\/p>\n

\nSee the complete list<\/a> of the 2022 PGP grant recipients. For more information about the 2022 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com\/pgp<\/a>.\n<\/p>\n

\nAbout the Federal Home Loan Bank of Dallas\n<\/p>\n

\nThe 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 $77.7 billion as of June 30, 2022, serves approximately 800 members and associated institutions across our five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. FHLB Dallas provides financial products and services including advances (loans to members) and grant programs for affordable housing and economic development. For more information, visit our website at fhlb.com<\/a><\/strong>.\n<\/p>\n

Contacts <\/p>\n

\nCorporate Communications
\n
Federal Home Loan Bank of Dallas
\n
fhlb.com<\/a>, (214) 441-8445<\/p>","protected":false},"excerpt":{"rendered":"

The Fuller Center of Northwest Louisiana Awarded Partnership Grant Program Funds SHREVEPORT, La.–(BUSINESS WIRE)–#affordablehousing–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 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[49630],"tags":[],"settori":[],"slider_categorie_and_home_page":[],"class_list":["post-820382","post","type-post","status-publish","format-standard","hentry","category-real-estate-in-asia-pacific"],"acf":[],"yoast_head":"\nFive Banks Award More Than $34K to Shreveport Housing Nonprofit - BeBeez<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bebeez.it\/en\/real-estate-in-asia-pacific\/five-banks-award-more-than-34k-to-shreveport-housing-nonprofit\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Five Banks Award More Than $34K to Shreveport Housing Nonprofit - BeBeez\" \/>\n<meta property=\"og:description\" content=\"The Fuller Center of Northwest Louisiana Awarded Partnership Grant Program Funds SHREVEPORT, La.–(BUSINESS WIRE)–#affordablehousing–The Fuller Center for Housing of Northwest Louisiana (Fuller Center NWLA) received $34,200 in Partnership Grant Program (PGP) funds. 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