TMCnet News
Mississippi Housing Partnership to Receive $31K Grant from BancorpSouth Bank, BankPlus and FHLB DallasBancorpSouth Bank, BankPlus and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $31,000 in Partnership Grant Program (PGP (News - Alert)) funds to the Mississippi Housing Partnership (MHP), a homebuyer education and revitalization program targeted for low- and moderate-income families. The grant will be used for operating costs and to expand organizational capacity. The media is encouraged to join local dignitaries and bank representatives at a check presentation at 2:00 p.m. Tuesday, September 24, 2019, at 1217 North West Street in Jackson, Mississippi. The structure of the PGP enables FHLB Dallas member institutions to contribute $500 to $4,000 to a community-based organization (CBO), which FHLB Dallas matches at a 3:1 ratio. For more information about the PGP, visit fhlb.com/pgp.
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