HOUSTON--(BUSINESS WIRE)--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
