0:27 | 12.10.2019
$8K Grant Assists A New Vision Leadership Foundation of Acadiana
Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) announced an $8,000 Partnership Grant Program (PGP) award to A New Vision Leadership Foundation of Acadiana (New Vision), an organization that provides empowerment and educational opportunities to middle and high school students to become youth leaders and active members in the society through S.T.E.M. educational services. Local dignitaries and bank representatives joined the organization at a recent check presentation at the Domingue Recreation Center.
Home Bank Vice President and Community Reinvestment Act Officer Brandon Kelly said the PGP allows smaller organizations to spread awareness in their community.
“Home Bank is proud to take part in the Partnership Grant Program and improve the community around us,” said Mr. Kelly. “The funds can help smaller organizations such as New Vision set higher goals for a bigger impact on the Lafayette community.”
With the PGP, FHLB Dallas member institutions like Home Bank contribute $500 to $4,000 to a community-based organization (CBO), which FHLB Dallas matches at a 3:1 ratio. This year, FHLB Dallas awarded $300,000 in PGP funds through 25 member institutions to assist 27 CBOs. Combined with FHLB Dallas member contributions, a total of $442,500 has been awarded to the organizations.
“We are grateful for member institutions like Home Bank that take advantage of the PGP to award organizations that typically do not receive additional funding,” said Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas. “The PGP allows them to leverage their resources to provide much needed funding for deeper community involvement.”
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