PARIS, Texas, Sept. 22, 2015 /PRNewswire-USNewswire/ -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and member institutions, First Federal Community Bank and Liberty National Bank, will present Partnership Grant Program (PGP) awards of $20,000 to the New Hope Center of Paris. The event will take place at 10:00 a.m. Thursday, September 24, 2015, at the New Hope Center, 450 4th Street SW in Paris, Texas. The media is encouraged to attend.
The New Hope Center of Paris provides long-term transitional housing, short-term emergency housing, and community referral services to homeless residents in the city of Paris and Lamar County. The PGP funds will be used for operational costs and toward the construction of a new thrift store, which is slated to open in late 2015 or early 2016. Current and former residents of New Hope housing will be available for interviews.
PGP awards provide grants up to $12,000 to community-based organizations (CBOs). The funds may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services. Through PGP awards, FHLB Dallas matches a member's contribution to a CBO of $500 up to $4,000 at a 3:1 ratio. The grants are offered via a lottery system once a year through FHLB Dallas members. In 2015, FHLB Dallas awarded $225,000 in PGP funds. For more information, visit fhlb.com.
WHAT:
Check Presentation
WHEN:
10:00 a.m. Thursday, September 24, 2015
WHO:
Dr. Arjumand Hashmi, Mayor, City of Paris, Texas
Dick Amis, President, First Federal Community Bank
Carl Cecil, President, Liberty National Bank
Teresa Woodard, Vice President & Loan Officer, Liberty National Bank
Gay Ballew, Executive Director, New Hope Center of Paris
Lou Brown, Program Development, New Hope Center of Paris
Bob Crutchfield, Sr. Affordable Housing Analyst, FHLB Dallas
WHERE:
New Hope Center
450 4th Street SW
Paris, TX 75460
CONTACT:
Corporate Communications
Federal Home Loan Bank of Dallas
www.fhlb.com
(214) 441-8445
Photo - http://photos.prnewswire.com/prnh/20150922/269347
Logo - http://photos.prnewswire.com/prnh/20150126/171462LOGO
SOURCE Federal Home Loan Bank of Dallas
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