FHLB Dallas and Members Award More Than $1.2M to 42 Community Organizations

Business Wire

5 days ago

DALLAS--(BUSINESS WIRE)--More than $1.2 million in funding was awarded to 42 community-based organizations by the Federal Home Loan Bank of Dallas (FHLB Dallas) and 34 member institutions. FHLB Dallas members provided $208,500 in funding, and FHLB Dallas contributed $1 million in match-funding through its annual Partnership Grant Program (PGP).
'With its 5:1 matching funds, our Partnership Grant Program offers a boost in funding for nonprofits around our District, especially those that operate with minimal resources,' said Greg Hettrick, senior vice president and director of Community Investment
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Under the program, FHLB Dallas member institutions contribute $500 to $5,000 to a nonprofit, which FHLB Dallas matches at a 5:1 ratio to provide a match of up to $25,000 to the organization per member. The awards help promote and strengthen relationships between community-based nonprofits and FHLB Dallas members. The grants are provided through member institutions and are not directly available to the public. View the 2025 award recipients.
'With its 5:1 matching funds, our Partnership Grant Program offers a boost in funding for nonprofits around our District, especially those that operate with minimal resources,' said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. 'It's an effective way to help small to midsized organizations that often make an outsized impact on the communities they serve.'
The PGP may be used for:
Organizational capacity building
Assistance with applying for grants and other funding sources
Research and studies
Contractual services
Social services
For more information about the 2025 PGP grants and other FHLB Dallas community investment products and programs, please visit fhlb.com.
About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $109.9 billion as of March 31, 2025, 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. For more information, visit fhlb.com.