***2:30 p.m., Tuesday, December 3, 2024, 9 Greenway Plaza, Houston, Texas 77046***

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Stellar Bank will award $85,000 in grants to three Houston-based nonprofits: the Community Development Corporation of Freedmens Town ($30,000), Houston Real Estate Association CDC (HREACDC) ($30,000) and Credit Coalition ($25,000).

Under the Partnership Grant Program, FHLB Dallas member institutions contribute $500 to $5,000 to a nonprofit, which FHLB Dallas matches at a 5:1 ratio to provide up to $25,000 to the organization per member. The awards help promote and strengthen relationships between community-based nonprofits and FHLB Dallas members. This year, more than $1.2 million in funding was awarded to 47 community-based organizations via 41 member institutions.

The media is encouraged to attend the event. Please RSVP to events@fhb.com.

Learn more about the FHLB Dallas Partnership Grant Program.

WHEN: 2:30 p.m., Tuesday, December 3, 2024

WHERE:

Stellar Bank

9 Greenway Plaza

Houston, TX 77046

Parking is available at the 9 Greenway building. If you park in Life Time Garage, Stellar Bank will validate parking.

ATTENDEES:

• Marcus Vasquez, Stellar Bank
• Mark Loya, FHLB Dallas
• Gladys House, Freedmens Town CDC
• Kimberley Barnes Henson, HREACDC
• Sherrie Young, Credit Coalition

View source version on businesswire.com: https://www.businesswire.com/news/home/20241129561746/en/