Banks Announce $28K To Benefit Low-Income Homebuyers


COVINGTON, La. — Home Bank, Hancock Whitney Bank, First Bank & Trust and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $28,000 in Partnership Grant Program (PGP) funds to Northshore Housing Initiative for operational sustainability, a paid marketing intern and other expenses.

Local dignitaries and bank representatives will award the funds at a check presentation at 11:00 a.m., Thursday, September 20, 2018, at Northshore Community Foundation at 807 N. Columbia Street on the 2 nd floor in Covington. The media is encouraged to attend.

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Northshore Housing Initiative (NHI) makes homeownership a reality for low- to moderate-income families seeking affordable workforce housing.

The structure of the PGP allows FHLB Dallas member institutions to make a contribution of $500 to $4,000 to a community-based organization (CBO), which FHLB Dallas will match at a 3:1 ratio.

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