HOUSTON – (COMMERCIAL THREAD) – Hancock Whitney and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded $ 28,000 in Partnership Grant Program (PGP) funds to three community organizations (CBOs) located in the metropolitan area of Houston, Texas.
For 2021, FHLB Dallas has awarded $ 400,000 in PGP grants, and its members have provided an additional $ 200,250 for an impact of more than $ 600,000 in its five-state district of Arkansas, Louisiana, Mississippi, from New Mexico and Texas.
PGP grants help qualified nonprofit organizations fund a variety of operational and administrative activities that are essential to serve their communities.
“Hancock Whitney is honored to partner with FHLB Dallas to help these three amazing community organizations,” said LaCarsha Babers, Assistant Vice President and Community Development Officer for Hancock Whitney. “We sincerely hope that these funds will help them strengthen and strengthen their communities.”
The following CBOs have received funding:
Joseph House, Houston, $ 16,000
Joseph House is a non-profit organization that helps senior and military veterans. The organization also runs a second chance program to formerly incarcerated people and provides counseling.
Beyond Careers, Missouri City, $ 6,000
Beyond Careers is a non-profit organization that provides free tax preparation to low and moderate income households.
Helbig Community Development Corp., Beaumont, $ 6,000
Helbig Community Development Corp. is a non-profit organization committed to helping low-income families have their own homes.
Through this unique program, FHLB Dallas member institutions contribute $ 500 to $ 4,000 to a CBO, a 501 (c) (3) nonprofit, which FHLB Dallas associates at a 3: 1 ratio. to provide the CBO with up to $ 24,000 per member and $ 60,000 per year in grant money. PGP Grants are awarded annually by FHLB Dallas member institutions and help promote and strengthen relationships between community organizations and members.
“Through PGP, Hancock Whitney and FHLB Dallas are contributing to community involvement and investment,” said Greg Hettrick, senior vice president and director of community investment at FHLB Dallas. “We are honored to continue to distribute this grant alongside Hancock Whitney to help community organizations in need. ”
See the full list recipients of PGP 2021 grants. For more information on PGP 2021 grants and other FHLB Dallas community investment products and programs, please visit fhlb.com/pgp.
About Hancock Whitney
Since the late 1800s, Hancock Whitney has embodied the core values of honor and integrity, strength and stability, commitment to service, teamwork and personal responsibility. Hancock Whitney’s offices and financial centers in Mississippi, Alabama, Florida, Louisiana and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking services; private banking; trust and investment services; health care bank; certain insurance services; and mortgage services. The company also operates a loan production office in Nashville, Tennessee. BauerFinancial, Inc., the nation’s leading independent bank rating and analysis firm, consistently recommends Hancock Whitney as one of the most financially sound banks in the United States. More information is available at www.hancockwhitney.com.
About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank system established by Congress in 1932. FHLB Dallas, with total assets of $ 61.1 billion as of March 31, 2021, is a co-operative owned by its members which supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information visit our website at fhlb.com.