TMCnet News
Ennis Mayor Joins FHLB Dallas, Ennis State Bank in Presenting $16K GrantThe Federal Home Loan Bank of Dallas (FHLB Dallas) and Ennis State Bank, an FHLB Dallas member institution, will present a $16,000 Partnership Grant Program (PGP (News - Alert)) award to the nonprofit A Christian Response of Shelter and Service (A-CROSS). The event takes place at 10:00 a.m., Tuesday, December 20, 2016, at Ennis State Bank, 815 W. Ennis Avenue, Ennis, Texas, 75119. The media is encouraged to attend. A-CROSS, a 501(c)(3) nonprofit and United Way agency, provides temporary housing for Ennis residents in emergency situations. The $16,000 grant will be used to offset administrative and operational costs. The current grant brings the nonprofit's PGP grant total to $36,000, including a $20,000 award in 2014 from the same institutions. Through the PGP, member institutions contribute $500 up to $4,000 to a community-based organization (CBO). FHLB Dallas matches the contributions at a 3:1 ratio, which provide up to $12,000 in grant money to a CBO. In 2016, FHLB Dallas awarded $225,000 in PGP funds to assist 23 CBOs. Combined with the $96,200 from member institutions, a total of $321,200 was awarded this year. For more information, visit fhlb.com.
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