Housing and Small-Business Nonprofits to Receive $22K in Grants
***Check Presentations, 2:00 p.m., Friday, September 4***
FORT WORTH, Texas, Sept. 3, 2015 /PRNewswire-USNewswire/ -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and Comerica Bank, an FHLB Dallas member institution, in a joint presentation will present two, $11,000 Partnership Grant Program (PGP) checks: one to BAC Education Foundation and the other to Housing Opportunities of Fort Worth. The event will take place tomorrow at 2:00 p.m., Friday, September 4, 2015, at the Comerica Bank banking center, 1560 W. Magnolia Ave. in Fort Worth. The media is encouraged to attend.
BAC Education Foundation supports the work of the Fort Worth Business Assistance Center, a one-stop resource that helps entrepreneurs by delivering workshops and events related to small-business development.
Housing Opportunities of Fort Worth supports low- to moderate-income residents in Tarrant County through access to and maintenance of affordable housing.
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: 2:00 p.m., Friday, September 4, 2015
WHO: Councilwoman Ann Zadeh, Fort Worth City Council, District 9
Don Hellman, Fort Worth Market President, Comerica Bank
Lueretha Slack, Vice President, North Texas CRA Market Manager, Comerica Bank
Robert Sturns, Interim Director, Economic Development Department, City of Fort Worth & Executive Director, Fort Worth Business Assistance Center
Cheryl Jones, Economic Development Specialist, Fort Worth Business Assistance Center
David O'Brien, Jr., Executive Director, Housing Opportunities of Fort Worth, Inc.
Greg Hettrick, Vice President, Community Investment Department, FHLB Dallas
Mike Lambert, Government & Industry Liaison, FHLB Dallas
WHERE: Comerica Bank
1560 W. Magnolia Ave.
Fort Worth, Texas, 76104
CONTACT:
Corporate Communications
Federal Home Loan Bank of Dallas
www.fhlb.com
(214) 441-8445
Logo - http://photos.prnewswire.com/prnh/20150126/171462LOGO
SOURCE Federal Home Loan Bank of Dallas
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