PONTOTOC, Miss., Nov. 9, 2015 /PRNewswire-USNewswire/ -- Pontotoc County Habitat for Humanity will be awarded a $20,000 Partnership Grant Program (PGP) check on Tuesday, November 10, 2015, from the Federal Home Loan Bank of Dallas (FHLB Dallas) and five of its member institutions: BancorpSouth Bank, Renasant Bank, First Choice Bank, Bank of Pontotoc, a division of Oxford University Bank; and Woodforest National Bank. The Habitat affiliate will use the funds to prepare land and establish water and sewer services within its subdivision, Circle of Hope.
"I just can't thank everyone enough," said Danny Park, executive director of Pontotoc County Habitat for Humanity. "Because of this grant, we are able to start two needed homes." The rural Habitat affiliate has been building one or two homes per year since its inception in the mid-1990s, according to Mr. Park.
PGP awards provide grants up to $12,000 to community-based organizations (CBOs) that may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services. PGP funding allows FHLB Dallas member institutions to make a contribution to a CBO of $500 up to $4,000, which FHLB Dallas matches at a 3:1 ratio. In 2015, FHLB Dallas awarded $225,000 in PGP funds to support 25 organizations. For more information, visit fhlb.com.
WHAT: Check Presentation
WHEN: 9:30 a.m. Tuesday, November 10, 2015
Danny Park, Executive Director, Pontotoc County Habitat for Humanity
Jerry Robbins, Division President, Renasant Bank
J. Grant Reynolds, Branch Manager, Bank of Pontotoc, a division of Oxford University Bank
Wesley Morgan, Assistant Vice President, First Choice Bank
Bryan McCutchen, President, Pontotoc County Bank, BancorpSouth Bank
Larry Hughes, Branch Manager, Woodforest National Bank
Greg Hettrick, Vice President and Director of Community Investment, FHLB Dallas
Habitat for Humanity Office
13 W. Washington Street
Pontotoc, MS 38863
Federal Home Loan Bank of Dallas
SOURCE Federal Home Loan Bank of Dallas