-

Media Advisory: Lea County State Bank and FHLB Dallas to Award $16K to Affordable Housing Nonprofit

***11:00 a.m. Thursday, October 13, 301 E. Navajo Drive, Hobbs, NM 88240***

HOBBS, N.M.--(BUSINESS WIRE)--Lea County State Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $16,000 in Partnership Grant Program (PGP) funds to Habitat for Humanity of Hobbs, New Mexico Area (Hobbs Habitat). Hobbs Habitat provides affordable mortgages and uses volunteers to help homeowners build their own homes. The funds will be awarded at a ceremonial check presentation Thursday, October 13. Media is encouraged to attend.

PGP grants are awarded annually through FHLB Dallas’ member institutions to help promote and strengthen relationships between community-based organizations and FHLB Dallas members. FHLB Dallas provides up to a 3:1 match of member contributions from $500 to $4,000 to provide up to $12,000 in matched funding.

Hobbs Habitat will use the grant for contractual services to develop a new subdivision that includes 14 homes to be sold to families at cost. Hobbs Habitat also plans to use funds for new office equipment.

WHAT:

Check presentation for Habitat for Humanity of Hobbs

 

WHEN:

11:00 a.m. Thursday, October 13, 2022

 

WHO:

Dickie Wall, Senior Vice President, Lea County State Bank

Alfonso Cisneros, Vice President, Lea County State Bank and Board Member, Habitat For Humanity of Hobbs

Richard Sanchez, Executive Director, Habitat for Humanity of Hobbs New Mexico Area

Kathie Wiseman, Administrative Assistant, Habitat for Humanity of Hobbs New Mexico Area

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

 

WHERE:

Offices of Habitat for Humanity of Hobbs New Mexico Area

301 E. Navajo Drive, Hobbs, NM 88240

 

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com, (214) 441-8445

Industry:

Federal Home Loan Bank of Dallas

Release Versions
English

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com, (214) 441-8445

More News From Federal Home Loan Bank of Dallas

FHLB Dallas and First National Bank Texas Celebrate Groundbreaking of Affordable Housing Community in Los Lunas, New Mexico

LOS LUNAS, N.M.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas), First National Bank Texas (FNBT), NewLife Homes Inc. and local leaders today celebrated the groundbreaking of Plaza Luna Lofts, a housing development in Los Lunas, New Mexico, that will create 57 affordable apartment homes for adults 55 years and older. Supported in part by a $1.4 million Affordable Housing Program (AHP) grant, the project will expand housing options in a rapidly growing community, strengtheni...

$15K Grant From FHLB Dallas and FBT Bank & Mortgage Helps Arkansas Veteran Make Essential Home Repairs

BEARDEN, Ark.--(BUSINESS WIRE)--U.S. Army Reserve veteran Master Sergeant (Ret.) Jeffery Darrough, who served 26 years, including tours in Iraq and Kuwait, received a $15,000 Housing Assistance for Veterans (HAVEN) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) to fund significant repairs in his longtime home. The grant was provided through FBT Bank & Mortgage, an FHLB Dallas member institution. Mr. Darrough, 59, first connected with FHLB Dallas and FBT Bank & Mortgage in...

FHLB Dallas and Woodforest National Bank Award $150K Grant to Mexican American Unity Council

SAN ANTONIO--(BUSINESS WIRE)--A $150,000 Pathway Fund grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) to the Mexican American Unity Council (MAUC) will help families prevent and address heirs’ property issues in San Antonio, Texas. The grant was awarded through Woodforest National Bank® (Woodforest), an FHLB Dallas member financial institution. Heirs’ property refers to land or homes passed down without a will or clear title, often resulting in complicated shared ownership across...
Back to Newsroom