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Wells Fargo and FHLB Dallas Announce $20K Partnership Grant to NewLife Homes

Federal Home Loan Bank of Dallas Logo

ALBUQUERQUE, N.M., Sept. 13, 2013 (GLOBE NEWSWIRE) -- Please join representatives from Wells Fargo and the Federal Home Loan Bank of Dallas (FHLB Dallas) as they present a $20,000 Partnership Grant Program (PGP) award to NewLife Homes.



NewLife Homes will use the grant to help fund a service coordinator position for several of its properties, including Luna Lodge, a 30-unit affordable housing development in Albuquerque that caters to homeless persons and individuals with special needs.

NewLife Homes provides affordable, supportive housing to low-income families, particularly those with physical and mental disabilities and those who have experienced homelessness.

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: 11:00 a.m., Monday, September 16, 2013
WHO: John Bloomfield, Executive Director, NewLife Homes
Sylvia Hughes, Board of Directors, NewLife Homes
Patricia Nie, Vice President, Community Development Officer, Wells Fargo
Mark Loya, Senior Affordable Housing Analyst
WHERE: Luna Lodge, Community Room
9119 Central Avenue NE
Albuquerque, New Mexico 87123

CONTACT: Corporate Communications Federal Home Loan Bank of Dallas www.fhlb.com (214) 441-8445 Follow us on Twitter @FHLBDallas Jennifer Riordan Vice President Community and Media Relations Wells Fargo Jennifer.riordan@wellsfargo.com

Source:Federal Home Loan Bank of Dallas