Cadence Bank and FHLB Dallas Celebrate Opening of Affordable Apartments at Renewal Ranch
Representatives from Cadence Bank (NYSE: CADE) and the Federal Home Loan Bank of Dallas (FHLB Dallas) were joined by local dignitaries as they celebrated the opening and dedication of two new residential buildings on the Renewal Ranch campus in Houston, Arkansas.
- Representatives from Cadence Bank (NYSE: CADE) and the Federal Home Loan Bank of Dallas (FHLB Dallas) were joined by local dignitaries as they celebrated the opening and dedication of two new residential buildings on the Renewal Ranch campus in Houston, Arkansas.
- FHLB Dallas provided a $750,000 Affordable Housing Program (AHP) subsidy via its member Cadence Bank to assist with gap funding.
- “The generosity of donors like Cadence Bank and FHLB Dallas allows us to provide vulnerable men with a high-quality rehabilitation program at no cost,” said James Loy, executive director of Renewal Ranch.
- “We would like to thank FHLB Dallas for committing to causes that deeply matter to our communities,” said Tom Nelson, community bank president for Cadence Bank.