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News - Full Story
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Media Advisory: FHLB Dallas and Stellar Bank Award $85K in Grants to Three Houston-Based Community Organizations
***2:30 p.m., Tuesday, December 3, 2024, 9 Greenway Plaza, Houston, Texas 77046***
HOUSTON, Nov. 29 /BusinessWire/ --
Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Stellar Bank will award $85,000 in grants to three Houston-based nonprofits: the Community Development Corporation of Freedmens Town ($30,000), Houston Real Estate Association CDC (HREACDC) ($30,000) and Credit Coalition ($25,000).
Under the Partnership Grant Program, FHLB Dallas member institutions contribute $500 to $5,000 to a nonprofit, which FHLB Dallas matches at a 5:1 ratio to provide up to $25,000 to the organization per member. The awards help promote and strengthen relationships between community-based nonprofits and FHLB Dallas members. This year, more than $1.2 million in funding was awarded to 47 community-based organizations via 41 member institutions.
The media is encouraged to attend the event. Please RSVP to events@fhb.com .
Learn more about the FHLB Dallas Partnership Grant Program.
WHEN : 2:30 p.m., Tuesday, December 3, 2024
WHERE:
Stellar Bank
9 Greenway Plaza
Houston, TX 77046
Parking is available at the 9 Greenway building. If you park in Life Time Garage, Stellar Bank will validate parking.
ATTENDEES:
Marcus Vasquez, Stellar Bank
Mark Loya, FHLB Dallas
Gladys House , Freedmens Town CDC
Kimberley Barnes Henson , HREACDC
Sherrie Young, Credit Coalition
View source version on businesswire.com: https://www.businesswire.com/news/home/20241129561746/en/
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