TMCnet News
Banks to Announce $10K Grant to Help Provide Disaster Recovery to Texas CommunitiesCommunityBank of Texas, Allegiance Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $10,000 in Partnership Grant Program (PGP (News - Alert)) funds to Beaumont nonprofit HELBIG Community Development Corporation (HCDC), which provides disaster recovery assistance including shelter counseling, home restoration and repairs in southeast Texas. The grant will be used to help offset the organization's operational and administrative expenses, sponsor program-related events and to hire grant writing consultants. The media is encouraged to join local dignitaries and bank representatives at a check presentation at 1:00 p.m. Monday, September 9, 2019 at HCDC's offices at 3495 Roland Road in Beaumont. The structure of the PGP enables FHLB Dallas member institutions to contribute $500 to $4,000 to a community-based organization (CBO), which FHLB Dallas matches at a 3:1 ratio. For more information about the PGP, visit fhlb.com/pgp.
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