In 2022, FHLB Dallas awarded $400,000 in PGP grants, and its members provided an additional $158,985 for an impact of $558,985 in its five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. “We are pleased to provide this funding to them through our partnership with FHLB Dallas.” “Housing Opportunities of Fort Worth is making a huge difference for local homebuyers because they provide vital services to the community,” said Andrea Glispie, senior manager of community development with Charles Schwab Bank. The awards help promote and strengthen relationships between CBOs and FHLB Dallas members. PGP grants are awarded annually through FHLB Dallas’ member institutions. Through this unique program, FHLB Dallas member institutions contribute $500 to $4,000 to a community-based organization (CBO), a 501(c)(3) nonprofit, which FHLB Dallas matches at a 3:1 ratio to provide a match of up to $12,000 per member. “We are passionate about our work because everyone deserves a chance to afford and be proud of the roof over their heads.” “These funds make all the difference in what we do and how we serve our community,” said David O’Brien, executive director of HOFW. The organization works with clients one-on-one to provide homebuyer education and loan counseling. HOFW helps low-to moderate-income families access and maintain affordable homeownership. The award was recently celebrated during a ceremonial check presentation at HOFW’s offices. ©2022 Charles Schwab & Co.FORT WORTH, Texas-( BUSINESS WIRE)-Charles Schwab Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded $16,000 in Partnership Grant Program (PGP) funds to Housing Opportunities of Fort Worth (HOFW) Inc.
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