$20,000 in Grants Awarded to Project Build a Future of Lake Charles

First National Bank of Louisiana, First Federal Bank of Louisiana and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $20,000 in Partnership Grant Program (PGP) funds to Project Build a Future in Lake Charles, Louisiana.

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Provider: 
Business Wire, Inc.
Retrieved on: 
Friday, November 15, 2019
Information
Tags: 
Professional services, Philanthropy, Residential Building & Real Estate, Other Philanthropy, Construction & Property, Foundation, Banking, Federal Home Loan Banks, Mortgage industry of the United States, Dallas, Federal Reserve, Cities in the United States
Geotags: 
LOUISIANA, United States
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Summary
Key Points: 
  • First National Bank of Louisiana, First Federal Bank of Louisiana and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $20,000 in Partnership Grant Program (PGP) funds to Project Build a Future in Lake Charles, Louisiana.
  • The funds will help the nonprofit organization purchase home sites, improve those sites, develop a smaller home plan and develop new counseling and training for low-income working families seeking to buy a new home.
  • The media is encouraged to join local dignitaries and bank representatives at a check presentation at 2:30 p.m., Wednesday, November 20 at 707 South Lyons Street in Lake Charles.
  • The structure of the PGP enables FHLB Dallas member institutions to contribute $500 to $4,000 to a community-based organization, which FHLB Dallas matches at a 3:1 ratio.


First National Bank of Louisiana, First Federal Bank of Louisiana and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $20,000 in Partnership Grant Program (PGP) funds to Project Build a Future in Lake Charles, Louisiana.

The funds will help the nonprofit organization purchase home sites, improve those sites, develop a smaller home plan and develop new counseling and training for low-income working families seeking to buy a new home.

The media is encouraged to join local dignitaries and bank representatives at a check presentation at 2:30 p.m., Wednesday, November 20 at 707 South Lyons Street in Lake Charles.

The structure of the PGP enables FHLB Dallas member institutions to contribute $500 to $4,000 to a community-based organization, which FHLB Dallas matches at a 3:1 ratio.

For more information about the PGP, visit fhlb.com/pgp.

WHAT:

Check Presentation

 

 

WHEN:

2:30 p.m., Wednesday, November 20, 2019

 

 

WHO:

Melissa Dickson, Community Reinvestment Act Coordinator, First Federal Bank of Louisiana

 

Roxanna Mize, Vice President, First National Bank of Louisiana

 

Charla Blake, Executive Director, Project Build a Future

 

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

 

 

WHERE:

737 South Lyons Street

 

Lake Charles, Louisiana 70601

 

 

 

NOTE: This is the address of a Project Build a Future house that is under construction. The address may not yet be recognized by GPS apps. The house is north of Broad Street and south of I-10.

 

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