Transformational Campus for Homeless Opens with $500K Grant from Texas Capital Bank, FHLB Dallas
Star of Hope Cornerstone Community Celebration, 9:00 a.m., November
9, 2017
HOUSTON–(BUSINESS WIRE)–Star of Hope Mission celebrates the grand opening of the new Cornerstone
Community, a 48-acre campus for homeless women and single-parent
families with permanent supportive housing and needed service providers
in a walkable, campus setting. A $500,000 Affordable Housing Program
(AHP) grant in 2017 from Texas Capital Bank and the Federal Home Loan
Bank of Dallas (FHLB Dallas) assisted in the construction of a 180-unit
building for single women.
The media is invited to the celebration at 9:00 a.m., Thursday,
November 9, 2017, at the Hope Chapel, 2575 Reed Road in Houston, Texas.
In 2017, the Bank awarded $7 million in AHP grants to 19 affordable
housing projects. The grants will help create 1,108 new or rehabilitated
housing units. Of the total amount, Texas was awarded $3,419,168 for 722
units. Since 1990, more than $245 million in AHP and AHP set-aside
grants have been awarded through FHLB Dallas members to assist more than
45,500 individuals and families with their housing needs. For more
information about the AHP and other Community Investment programs, visit fhlb.com.
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WHAT: |
Community Celebration | |||
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WHEN: |
9:00 a.m., Thursday, November 9, 2017 | |||
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WHO: |
Mayor Sylvester Turner, City of Houston |
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Jenny Guzman, Community Development Officer, Texas Capital |
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Annette Nguyen, SVP and Commercial Lending Manager, Amegy |
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Greg Hettrick, First VP and Director of Community |
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Paul Speckhals, Affordable Housing Analyst, FHLB Dallas |
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WHERE: |
Hope Chapel |
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| 2575 Reed Road | ||||
| Houston, Texas 77051 | ||||
Contacts
Federal Home Loan Bank of Dallas
Corporate Communications,
214-441-8445
fhlb.com
