NATCHEZ, Miss – (COMMERCIAL THREAD) – Natchez-Adams County Habitat for Humanity (Natchez-Adams Habitat) received a Partnership Grants Program (PGP) award of $ 10,000 from Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) at a check presentation ceremony this week.
The organization will use the funds to cover administrative, accounting and insurance costs.
Natchez-Adams Habitat was incorporated in 1991 and built its first home two years later. Since then she has built 23 houses with the 24e nearing completion for low and moderate income families. The organization’s mission is to eliminate substandard housing in Natchez and Adams counties in Mississippi.
“Our usual donations have declined dramatically over the past 18 months due to the pandemic, ”said Natchez-Adams Secretary of Habitat Duncan McFarlane. “We appreciate the support of Home Bank and FHLB Dallas for their generosity. With the decrease in donations and the increase in construction costs, this grant will help us greatly to continue our mission. ”
Home Bank Senior Vice President and Director of Community Development Kelvin Luster said he was grateful for the outcome of the bank’s partnership with FHLB Dallas.
“These funds will provide Natchez-Adams Habitat with additional resources to grow, ”said Luster. “We are honored to be a part of this and our partnership with FHLB Dallas that made this grant possible. ”
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.
“We value our partnership with Home Bank, which has been deeply involved in community initiatives over the years, ”said Greg Hettrick, Senior Vice President and Director of Community Investment at FHLB Dallas.
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 Home Bank NA
Home Bank, NA, founded in 1908 as Home Building & Loan, is the oldest financial institution founded in the parish of Lafayette. Over the years, we have expanded to serve markets in southern Louisiana and Mississippi: Acadiana, Baton Rouge, New Orleans, the North Shore of Lake Pontchartrain, St. Martin and Jeff Davis Parishes, as well as Natchez and Vicksburg. With 40 locations in southern Louisiana and western Mississippi, Home Bank is committed to meeting the needs of our communities. Personal banking has always been Home Bank’s trademark and this tradition continues as we grow, invest and serve our customers and our community. We live our values every day, focusing on integrity, innovation and commitment to serving others. For more information on Home Bank, visit www.home24bank.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 $ 58.6 billion as of June 30, 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.