Banks Partner to Award $6K to Educate Houston’s Underserved Men and Male Youth
Aug. 09, 2018
HOUSTON--(BUSINESS WIRE)--Aug 9, 2018--Career Gear, a nonprofit organization that empowers low-income men to overcome barriers and achieve self-sufficiency, will be awarded $6,000 in Partnership Grant Program (PGP) funds from Green Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas). The grant will support costs for Career Gear’s Business Enterprise Program, a program that helps men prepare to become construction business trade owners with a designated area of focus.
The media is invited to the check presentation at 11:00 a.m. on Friday, August 10 at Green Bank at 4000 Greenbriar Drive in Houston.
PGP awards provide 3:1 matches of FHLB Dallas member contributions to provide grants up to $12,000 that help promote and strengthen relationships between community-based organizations and FHLB Dallas members. The PGP also complements the development activities fostered by FHLB Dallas’ Affordable Housing and Community Investment programs. For 2018, FHLB Dallas has awarded $300,000 in Partnership Grant Program (PGP) funds through 31 member institutions to assist 32 community-based organizations. Combined with the $114,010 contributed by FHLB Dallas members, a total of $414,010 has been awarded to the organizations.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180809005589/en/
CONTACT: Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445
KEYWORD: UNITED STATES NORTH AMERICA TEXAS
INDUSTRY KEYWORD: EDUCATION OTHER EDUCATION PHILANTHROPY PROFESSIONAL SERVICES BANKING OTHER PHILANTHROPY CONSUMER MEN
SOURCE: Federal Home Loan Bank of Dallas
Copyright Business Wire 2018.
PUB: 08/09/2018 12:27 PM/DISC: 08/09/2018 12:27 PM