DALLAS, Nov. 21, 2013 (GLOBE NEWSWIRE) -- Please join Congressman Gene Green, along with representatives from Amegy Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas), as they award a $215,000 Affordable Housing Program (AHP) grant to Avenue Community Development Corporation (Avenue CDC).
Avenue CDC will use the grant toward the construction of Fulton Gardens II, a 40-unit affordable housing community for seniors on Houston's near north side neighborhood. Fulton Gardens II is located across the street from Avenue CDC's existing 49-unit affordable senior living community, Fulton Gardens I.
AHP grants are awarded through FHLB Dallas member financial institutions, such as Amegy Bank, to assist in the development of affordable, owner-occupied and rental housing for very low- to moderate-income households. This year, FHLB Dallas awarded $11.3 million in AHP funding to 36 projects across its five-state District of Arkansas, Louisiana, Mississippi, New Mexico, and Texas.
The public and media are welcome to attend the event.
|WHEN:||10:00 a.m., Monday, November 25, 2013|
|WHO:||The Honorable Gene Green, U.S. Representative, TX-District 29|
|The Honorable Sylvia Garcia, Texas State Senator, TX-District 6|
|Ariana Campos, Legislative Aide, Office of Texas State Representative Jessica Farrar, TX-District 148|
|Neal Rackleff, Director of Housing & Community Development, City of Houston|
|Brian Stoker, SVP and Community Banking Manager, Amegy Bank|
|Mary Lawler, Executive Director, Avenue CDC|
|Greg Hettrick, VP, Director of Community Investment, FHLB Dallas|
|Michael Lambert, Government & Industry Liaison, FHLB Dallas|
|WHERE:||Fulton Gardens Apartments|
|3724 Fulton Street|
|Houston, Texas 77009|
CONTACT: Corporate Communications Federal Home Loan Bank of Dallas www.fhlb.com (214) 441-8445 Follow us on Twitter @FHLBDallas
Source:Federal Home Loan Bank of Dallas