Hurricane Harvey Forces Rescheduling of $22K Grant Presentation

New Date & Time: 11:00 a.m., Thursday, September 7, 9
Greenway Plaza, Houston, Texas

HOUSTON–(BUSINESS WIRE)–The Credit Coalition, a nonprofit organization providing free homebuyer
and financial education to the greater Houston and Beaumont/Port Arthur
areas, will be awarded a total of $22,000 in Partnership Grant Program
(PGP) funds from the Federal Home Loan Bank of Dallas (FHLB Dallas) with
additional contributions from CommunityBank of Texas. The Credit
Coalition will use the funding to continue providing its services at no
cost to qualified consumers.

The media is invited to the check presentation at a new date and
time: 11:00 a.m., Thursday, September 7, 2017, at the CommunityBank of
Texas, located at 9 Greenway Plaza, Suite 110 in Houston, Texas.

PGP awards provide grants to community-based organizations (CBOs) of up
to $12,000. The funds may be used for research, organizational
capacity-building, grant- and funding-application assistance, or
contractual services. Through the PGP, FHLB Dallas matches a member’s
contribution to a CBO of $500 up to $4,000 at a 3:1 ratio for a maximum
$12,000 contribution from FHLB Dallas. Members may contribute more than
the $4,000 amount required to maximize the FHLB Dallas contribution,
increasing the total amount to the organization. The grants are offered
via a lottery system once a year through FHLB Dallas members. In 2017,
FHLB Dallas awarded $300,000 in PGP funds through 31 member institutions
to assist 30 CBOs. Combined with the $104,550 contributed by FHLB Dallas
members, a total of $404,550 was awarded to the organizations. For more
information, visit fhlb.com.

   

WHAT:

Check Presentation
 

WHEN:

11:00 a.m., Thursday, September 7, 2017
 

WHO:

Travis Jaggers, President, CommunityBank of Texas

Brandi Gregg, Executive Vice President & Chief Compliance
Officer, CommunityBank of Texas

Ashley Warren, Marketing & Events Director, CommunityBank
of Texas

Catherine Hardy, District Director, Office of State
Representative Sarah Davis (District 134)

Sherrie Young, Executive Director & Housing Counselor,
Credit Coalition

Denise Schmitt, Community Investment Operations Manager,
FHLB Dallas

 

WHERE:

CommunityBank of Texas

9 Greenway Plaza, Suite 110
Houston, Texas 77046

Contacts

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

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