Federal Home Loan Bank of Dallas Grants $30K to Local Initiative
FHLB Dallas and First Security Bank Support Local Charity
In a remarkable show of partnership, the Federal Home Loan Bank of Dallas (FHLB Dallas) and First Security Bank have come together to award $30,000 in grants to the Conway Ministry Center. This generous funding is aimed at bolstering support for The Refuge, Arkansas’ pioneering emergency housing program intended for families in need, especially those with children, as well as individuals with disabilities or medical needs.
Empowering Emergency Housing Services
The funds allocated by FHLB Dallas will specifically cover a portion of the salary for a dedicated shelter manager who will oversee operations at The Refuge. This initiative is critical as it not only provides emergency housing but also offers comprehensive wraparound services including case management, life skills training, medical care, and child tutoring.
Community Impact of the Partnership Grant Program
This initiative is part of a broader mission, encapsulated in FHLB Dallas' Partnership Grant Program (PGP), which aims to strengthen ties between community-focused nonprofits and the bank's member institutions. For the year 2024, the FHLB Dallas, along with its members, has dedicated an impressive $1.2 million to benefit various nonprofits, with individual contributions ranging from $500 to $5,000, which FHLB Dallas then matches at a remarkable 5:1 ratio.
Support for Local Organizations
Through this program, FHLB Dallas facilitated funding for a total of 47 community-based organizations. This financial outreach exemplifies the organization’s commitment to fostering community development and enhancing the quality of life for residents. By supporting The Refuge, they are investing in a sustainable solution for families facing homelessness and other challenges.
Event Details and Invitation
The media and public are warmly invited to witness this impactful grant presentation. This event not only highlights a moment of generosity but also emphasizes the importance of community collaboration in addressing local needs.
Special Guests Attending the Event
- Bruce Hatton from FHLB Dallas
- Michael C. Hutsell, a member of the FHLB Dallas Board of Directors
- Stefanie Vann from First Security Bank
- Johnny Adams from First Security Bank
- Spring Hunter representing The Ministry Center and The Refuge
Those interested in attending the event are encouraged to RSVP to reserve their spot. It’s an opportunity to engage with the community and understand how such initiatives are critical in creating a supportive environment for those in need.
Frequently Asked Questions
What is the purpose of the grant awarded to the Conway Ministry Center?
The grant will partly cover the salary of the shelter manager at The Refuge, which offers emergency housing and various support services for families and individuals in need.
How much funding has been made available through the Partnership Grant Program?
In 2024, FHLB Dallas and its members allocated $1.2 million to support community-based organizations via the Partnership Grant Program.
What kind of services does The Refuge provide?
The Refuge provides emergency housing, case management, life skills training, medical care, behavioral healthcare, and child tutoring services.
Who are the key individuals attending the grant presentation?
Key attendees include representatives from FHLB Dallas, First Security Bank, and The Ministry Center.
How can one RSVP for the event?
Interested individuals can RSVP by contacting the appropriate event coordinator, ensuring a place at the event.
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