SHREVEPORT, La., Oct. 14, 2015 /PRNewswire-USNewswire/ -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and member institution Red River Bank will present a Partnership Grant Program (PGP) award of $8,000 to the Highland Center Corporation. The event will take place at 11:00 a.m. Friday, October 16, 2015, at the Highland Center, at 520 Olive Street in Shreveport, Louisiana. The media is encouraged to attend.
The Highland Center Corporation through its wholly-owned subsidiary, Highland Center Ministries LLC, provides a variety of services to the Highland historic neighborhood to educate, equip, and transition citizens out of poverty. The funds are slated to be used to hire additional staff, for training and education, and to purchase a new laptop and printer for their housing supportive services.
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: 11:00 a.m. Friday, October 16, 2015
WHO: Cody White, Chairman, President & Treasurer, Highland Center Corporation
Rev. John Henson, Church for the Highlands
Jarcelet Harris, Certified Housing Counselor, Highland Center Ministries
Bridges Hall, Market President, Red River Bank
Jim Waugh, Senior Vice President/Commercial Banking, Red River Bank
Valerie Mitchell - Vice President/Retail Manager, Red River Bank
Bruce Hatton, Manager, Affordable Housing Program, FHLB Dallas
WHERE: The Highland Center
520 Olive Street
Shreveport, LA 71104
Federal Home Loan Bank of Dallas
SOURCE Federal Home Loan Bank of Dallas