Federal Home Loan Bank of Dallas, Cadence Bank and Citizens National Bank Award $9K Grant to Hattiesburg, Mississippi, Housing Nonprofit
Summary
View the full release here: https://www.businesswire.com/news/home/20250310592134/en/The funds will be used for homeownership education, supplies and outreach efforts, as well as hiring a consultant to assist with applying for and meeting requirements to become a U.S. Department of Housing and Development certified counseling agency. Funding will also be used to conduct one-on-one counseling for homebuyers.I am delighted for this partnership opportunity, said HERE Executive Director Lakeylah White. These partnerships are invaluable, allowing us to share crucial resources and insights to support each other.The mission of HERE is to assist homeowners and individuals in the housing market by providing education and counseling on homeowner maintenance and the homebuying process, particularly for moderate- to low-income and nontraditional credit score individuals.Property education is critical for homeownership, especially in underserved communities. We cannot think of a better way to accomplish this than by working with HERE and FHLB Dallas, said John Griffith, president, Pine Belt Division of Cadence Bank. FHLB Dallas, with total assets of $127.7 billion as of December 31, 2024, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas.