AUSTIN, Texas, Nov. 12, 2013 (GLOBE NEWSWIRE) -- Please join representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Rio Grande Valley Multibank of Brownsville, Texas, at 12:00 p.m., Wednesday, November 13, 2013, as they award two grants of $20,000 through the Partnership Grant Program (PGP) to local Austin, Texas, nonprofits.
Texas Association of Community Development Corporations (TACDC) provides training, advocacy, research, event planning, membership services, and grassroots organization for nonprofit affordable housing and community economic development providers in Texas. Texas Community Capital (TCC) is a lending intermediary providing loan products and development services to Texas community development corporations, Community Development Financial Institutions (CDFIs), and other community development organizations. Both entities will use the grants to build organizational staffing and for occupancy expenses.
FHLB Dallas awarded $225,000 in grants through its PGP this year. The grants provide funding for the operational needs of community-based organizations involved in affordable housing and community development.
|WHEN:||12:00 p.m., Wednesday, November 13, 2013|
|WHO:||Matt Hull, Executive Director, TACDC, and Co-Administrator, TCC|
|Robyn Mitchell, Membership Coordinator and Office Manager, TACDC|
|Nick Mitchell-Bennett, Administrator, Rio Grande Valley Multibank.|
|Paul Charles, Board Member, TACDC|
|David Long, Co- Administrator, TCC|
|John Garvin, Board Member, TCC|
|Tom Wilkinson, Board Chairman, TCC|
|Greg Hettrick, VP, Director of Community Investment, FHLB Dallas|
|2200 E. Martin Luther King Blvd.|
|Austin, Texas 78702|
CONTACT: Corporate Communications Federal Home Loan Bank of Dallas www.fhlb.com (214) 441-8445
Source:Federal Home Loan Bank of Dallas