MEDIA ADVISORY -- Congresswoman Sheila Jackson Lee Announces $500K Affordable Housing Grant to Houston Organization

Federal Home Loan Bank of Dallas Logo

HOUSTON, Dec. 4, 2013 (GLOBE NEWSWIRE) -- Please join Congresswoman Sheila Jackson Lee, along with Amegy Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) as they present a $500,000 Affordable Housing Program (AHP) grant to Temenos Community Development Corporation (Temenos CDC).

Temenos CDC will use the AHP grant to assist in the construction of Temenos Place Apartments II, an 80-unit apartment complex near Houston's downtown area that will serve very low-income and homeless residents.

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.

WHAT: Media Event and Check Presentation
WHEN: 10:45 a.m., Friday, December 6, 2013
WHO: The Honorable Sheila Jackson Lee, U.S. Representative, TX- District 18
Neal Rackleff, Director of Housing and Community Development, City of Houston
Dr. Edward Pringle, Field Office Director, HUD
Sandra H. Warren, Community Planning and Development Director, HUD
Raynold Richardson, Multifamily Director, HUD
Darrell Logan, Program Manager, HUD
Christine Cuddeback, Community Planning and Development Representative, HUD
John Hernandez, SVP and Community Development Manager, Amegy Bank
Greg Hettrick, VP, Director of Community Investment, FHLB Dallas
Michael Lambert, Government and Industry Liaison, FHLB Dallas
Rudy & Juanita Rasmus, Pastors, St. John's United Methodist Church
Dana Hogan, CEO, Campus Non-profits (Temenos CDC)
WHERE: Bread of Life Daybreak Community Health Center
1703 Gray Street
Houston, TX 77003

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