Media Advisory: Home Bank and FHLB Dallas to Invest $16K in Local Nonprofits

BY Business Wire | AGENCY | 11/07/22 06:09 PM EST

***1:30 p.m., Tuesday, November 8, 500 Main Street, Natchez, Mississippi 39120***

NATCHEZ, Miss.--(BUSINESS WIRE)-- Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $16,000 in Partnership Grant Program (PGP) funding to two community organizations in Natchez, Mississippi during a ceremonial check presentation.

  • Natchez-Adams County Habitat for Humanity, $8,000, facilitates low-cost, no-interest mortgages to qualifying applicants while helping new homeowners build their home with the help of volunteers. The nonprofit plans to use the proceeds toward operational, administrative and program expenses.
  • Home with Heroes Foundation Inc., $8,000, supports military veterans in Adams County, Mississippi and Concordia Parish, Louisiana with free services. The organization plans to use proceeds for emergency financial aid for veterans, sponsorship of a veteran?s parade and other assistance for veterans such as helping them locate military records.

FHLB Dallas matches member institution contributions of $500 to $4,000 by a 3:1 ratio. The PGP funds will be awarded at a ceremonial check presentation on Tuesday, November 8. Media is encouraged to attend.

WHAT:

Check presentations for Natchez-Adams County Habitat for Humanity and Home with Heroes Foundation Inc

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WHEN:

1:30 p.m., Tuesday, November 8, 2022

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WHO:

Kelvin Luster, Senior Vice President, Community Development Director, Home Bank

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Duncan McFarlane, Executive Director, Natchez-Adams County Habitat for Humanity

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Galen Mark LaFrancis, Executive Director, Home with Heroes Foundation Inc.

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Melanie Dill, Community and Economic Development Product Manager, FHLB Dallas

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WHERE:

Home Bank, 500 Main Street, Natchez, Mississippi 39120

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Source: Federal Home Loan Bank of Dallas

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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