TMCnet News
Congresswoman Eddie Bernice Johnson Joins Dignitaries for $16K Check Presentation to Nonprofit 2nd Saturday CDCCongresswoman Eddie Bernice Johnson (TX-30) will join representatives from the office of U.S. Senator John Cornyn (TX), the Federal Home Loan Bank of Dallas (FHLB Dallas), TBK Bank and 2nd Saturday Community Development Corporation (CDC) for a $16,000 check presentation to 2nd Saturday CDC. The event will take place at 10:00 a.m., Monday, August 7, 2017, at the nonprofit's future headquarters located at 2428 Pine Street, Dallas, Texas, 75215. The media is encouraged to attend. The 2nd Saturday CDC began in 2009 as a volunteer home improvement project. Today, the nonprofit serves low-income seniors and disabled residents of west and south Dallas neighborhoods. 2nd Saturday CDC focuses on two areas of impact: meeting home repair needs and growing 2nd Saturday Industries, an enterprise that annually employs and empowers 10 to 15 ex-offenders and reinvests all profits into the community. 2nd Saturday CDC will use the PGP (News - Alert) grant to purchase tools, equipment and training curriculums, as well as implement new case-management software. PGP awards provide grants up to $12,000 to community-based organizations (CBOs). The funds may be used for research, organizational capacity-building, grant- and funding-application assistance, or contractual services. Through PGP awards, FHLB Dallas matches a member's contribution to a CBO of $500 up to $4,000 at a 3:1 ratio. The grants are offered via a lottery system once a year through FHLB Dallas members. In 2017, FHLB Dallas awarded $300,000 in PGP funds through 31 member institutions to assist 30 CBOs. Combined with the $104,550 contributed by FHLB Dallas members, a total of $404,550 was awarded to the organizations. For more information, visit fhlb.com.
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