Media Advisory: FHLB Dallas Joins Four Banks to Award $45K Grant to Fuller Center for Housing NWLA Inc.

***11:00 a.m., Thursday, October 30, 2013 Jean Street, Bossier City, LA 71101***

BOSSIER CITY, La.--(BUSINESS WIRE)-- Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Cadence Bank, Origin Bank, Progressive Bank and Red River Bank will award $45,000 in grants to the Fuller Center for Housing NWLA Inc. (Fuller Center) during a ceremonial check presentation at 11:00 a.m., Thursday, October 30.

The grants are part of $1.2 million in Partnership Grant Program (PGP) funds distributed through FHLB Dallas member institutions this year.

Fuller Center provides affordable houses to low- to moderate-income families in the Shreveport-Bossier City area who are unable to secure traditional financing. Homebuyers receive no-interest mortgages with affordable payments.

The PGP funds will cover administrative costs for the construction of 10 new homes beginning in March 2026 as part of the Fuller Center?s 20th Anniversary Legacy Build.

The PGP offers a 5:1 match of member contributions?up to $25,000 per member?to support community-based organizations involved in affordable housing or economic development activities that complement other FHLB Dallas community investment programs.

The media is encouraged to attend. There will be opportunities for photos and interviews. Learn more about the PGP.

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Source: Federal Home Loan Bank of Dallas