MEDIA ADVISORY -- Congressman Green Announces $215K Grant to Senior Living Community

Federal Home Loan Bank of Dallas Logo

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

More From Press Releases