$6K in Grant Funds from MidSouth Bank and FHLB Dallas Will Help Develop Commercial Property
Sep. 07, 2018
NATCHITOCHES, La.--(BUSINESS WIRE)--Sep 7, 2018--MidSouth Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $6,000 in Partnership Grant Program (PGP) funds to Ben D. Johnson Educational Center to help redevelop an existing commercial property complex in west Natchitoches into a hub of small businesses and services providers including a café, workforce development program, shared community kitchen and green market.
Local dignitaries and bank representatives will award the funds at a check presentation at 1:30 p.m., Monday, September 10, 2018, at MidSouth Bank’s offices at 315 Royal Street in Natchitoches. The media is encouraged to attend.
The structure of the PGP allows FHLB Dallas member institutions like MidSouth Bank 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.
For more information about the PGP, visit .
View source version on businesswire.com:https://www.businesswire.com/news/home/20180907005443/en/
CONTACT: Federal Home Loan Bank of Dallas
Corporate Communications, 214-441-8445
KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA
INDUSTRY KEYWORD: SMALL BUSINESS PHILANTHROPY PROFESSIONAL SERVICES BANKING URBAN PLANNING OTHER PHILANTHROPY CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE OTHER CONSTRUCTION & PROPERTY
SOURCE: Federal Home Loan Bank of Dallas
Copyright Business Wire 2018.
PUB: 09/07/2018 02:36 PM/DISC: 09/07/2018 02:36 PM