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Financial Institutions Partner to Award $17K for Downtown Tucumcari Revitalization

January 9, 2019

TUCUMCARI, N.M.--(BUSINESS WIRE)--Jan 9, 2019--Efforts to revitalize downtown Tucumcari, New Mexico, will be supported, thanks in part to $17,000 in grant funds from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Tucumcari Federal Savings and Loan Association.

The financial institutions will award $17,000 in Partnership Grant Program (PGP) funds to Tucumcari MainStreet Corporation at 1:00 p.m. on Tuesday, January 15 at Tucumcari MainStreet Historic Railroad Depot at 100 West Railroad Avenue in Tucumcari. The media is encouraged to attend.

The grant will be used to offset annual operating expenses, continue educational opportunities for entrepreneurs and develop fundraising programs.

The structure of the PGP enables FHLB Dallas member institutions like Tucumcari Federal Savings and Loan Association to make a contribution of $500 to $4,000 to a community-based organization (CBO), which FHLB Dallas matches at a 3:1 ratio.

Tucumcari MainStreet Corporation is part of a national network of more than 1,200 neighborhoods and communities that share both a commitment to creating high-quality places and to building stronger communities through preservation-based economic development.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190109005597/en/

CONTACT: Corporate Communications

Federal Home Loan Bank of Dallas

fhlb.com

(214) 441-8445

KEYWORD: UNITED STATES NORTH AMERICA NEW MEXICO

INDUSTRY KEYWORD: PHILANTHROPY PROFESSIONAL SERVICES BANKING FINANCE OTHER PHILANTHROPY

SOURCE: Federal Home Loan Bank of Dallas

Copyright Business Wire 2019.

PUB: 01/09/2019 10:50 AM/DISC: 01/09/2019 10:50 AM

http://www.businesswire.com/news/home/20190109005597/en

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