TMCnet News
Congressman Bennie Thompson to Attend Home Dedication in Marcus BottomU.S. Representative Bennie Thompson (MS-2) will join local dignitaries, the City of Vicksburg and the Federal Home Loan Bank of Dallas (FHLB Dallas) at a home dedication ceremony in the Marcus Bottom neighborhood of Vicksburg, Mississippi, at 10:45 a.m. on Wednesday, May 10 at 1320 Bowmar Avenue in Vicksburg, Mississippi. BancorpSouth Bank and FHLB Dallas awarded $180,000 in Affordable Housing Program (AHP) funds to the City of Vicksburg for the repair and rehabilitation of 25 homes in the Marcus Bottom neighborhood. The media is encouraged to attend. AHP grants are available annually through FHLB Dallas member institutions such as BancorpSouth Bank to assist in the development of affordable owner-occupied and rental housing for very low- to moderate-income households located across FHLB Dallas' five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. In 2016, FHLB Dallas awarded $7.8 million in AHP grants to 27 projects that will result in 1,499 new or renovated housing units. State Representative Oscar Denton, representing Mississippi's 55th district, praised Vicksburg Mayor George Flaggs, his board, BancorpSouth Bank and FHLB Dallas for their work in the affordable housing sector. "There is a great need for safe, decent and affordable housing in this area," he said. "Thanks to the partnership between public and private entities, 25 families will live more comfortably." The home dedication will be followed by a trolley tour of neighborhood homes assisted by the AHP grant.
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