NATCHEZ, Miss., April 8, 2016 /PRNewswire-USNewswire/ -- Having a roof over her head isn't something Lollie Doss, 80, takes lightly. The former nurse's aide survived Hurricane Katrina but lost everything in the storm. In 2007, Mrs. Doss and her family relocated to Natchez and bought a home.
The aging structure developed many problems over the years, and she knew the roof was in particular need. Water poured in through a hole in the roof, destroying part of the kitchen ceiling.
Last month, a Special Needs Assistance Program (SNAP) grant of more than $4,900 replaced the roof. SNAP grants are available through the Federal Home Loan Bank of Dallas (FHLB Dallas) and its member institutions, like Home Bank.
"It gives me peace of mind because I didn't want the ceiling to fall down on me, and I knew I couldn't afford to put a new roof on my house." Mrs. Doss lives on monthly Social Security payments.
She heard about the SNAP program from her granddaughter. "She saw it on the Internet and told me about it. You know, I don't know about those kind of things, but I went down to city hall," she added.
SNAP grants, established by FHLB Dallas in 2009, assist income-qualified, special-needs homeowners with necessary home repairs and modifications.
"The SNAP program changes lives for citizens in our community," said Deanna Bowser, SVP and Mississippi market president at Home Bank. "We are pleased to partner with the City of Natchez and FHLB Dallas to help those in need."
Natchez Mayor Butch Brown acknowledged the shared vision of Home Bank and the city.
"Home Bank has partnered with the city on the SNAP program since January 2013, enabling the city to provide home improvements to countless seniors in our community," he said.
Since SNAP's inception in 2009, more than $10.6 million has been awarded in grants through FHLB Dallas member institutions to assist more than 2,000 families across FHLB Dallas' five-state District of Arkansas, Louisiana, Mississippi, New Mexico, and Texas. In 2015, FHLB Dallas awarded nearly $1.5 million in SNAP grants that assisted 319 families. The 2016 SNAP funding, made available in January on a first-come, first-served basis, has been exhausted.
"Home Bank is a valued supporter of the SNAP program, and we appreciate their commitment to facilitating projects that benefit special-needs and elderly homeowners," said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas.
About Home Bancorp
Home Bancorp, Inc. is the holding company for Home Bank, National Association, a nationally chartered bank headquartered in Lafayette, Louisiana. Home Bank, N.A. offers a full range of deposit and loan products through 30 banking centers in growing regions of Louisiana and Mississippi: Acadiana, Baton Rouge, New Orleans, the Northshore (of Lake Pontchartrain), Natchez, and Vicksburg. Home Bancorp, Inc. trades on the Nasdaq Global Market under the symbol "HBCP".
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 $42.1 billion as of December 31, 2015, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 850 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico, and Texas. For more information, visit fhlb.com.
Federal Home Loan Bank of Dallas
SOURCE Federal Home Loan Bank of Dallas