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TEXAS BANKING NEWS, PEOPLE AND IDEAS

News

Federal Home Loan Bank of Dallas Awards $28.4 Million for Affordable Housing

December 14, 2023

The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 projects in its five-state district of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,677 housing units.

“Affordable housing is a critical need for communities across the country,” says Sanjay Bhasin, FHLB Dallas president and CEO. “This year, we are proud to provide AHP funds to increase the supply of affordable housing in our members’ communities, providing housing stability and uplifting local economies in the process.”

FHLB Dallas annually returns 10 percent of its profits in the form of AHP subsidies to the communities served by its member institutions. This year’s subsidies were awarded through 24 member institutions. AHP subsidies are available up to $850,000 per application and can be used for the construction or rehabilitation of owner-occupied, rental or transitional housing, as well as housing for homeless individuals.

“The AHP has allowed us to support organizations creating housing opportunities to suit the diverse needs within our community,” says Brian North, president and CEO at Fifth District Savings Bank. “The projects we support require a significant amount of funding to cover construction costs. FHLB Dallas has been vital to cover funding gaps and many projects would not have come to fruition without its support.”

Louisiana-based Fifth District Savings Bank received two grants totaling $690,000 to support Gulf Coast Housing Partnership on two separate projects that will create 46 housing units in Hammond, Louisiana. Both developments will be built to the Insurance Institute for Business & Home Safety’s (IBHS) Fortified Multifamily Gold standard, designed to provide the highest possible protection against severe weather such as high winds, hail, hurricanes and tornadoes.

Texas $12,820,280 for 1,421 units

Austin

  • Member: Cadence Bank
    Sponsor: Austin Affordable Housing Corp.
    Subsidy: $850,000 for 100 rental units
  • Member: Frost Bank
    Sponsor: Integral Care
    Subsidy: $850,000 for 60 rental units
  • Member: Frost Bank
    Sponsor: Austin Housing Finance Corp.
    Subsidy: $850,000 for 150 rental units
  • Member: Texas Capital Bank NA
    Sponsor: The SAFE Alliance Affordable Housing Corp.
    Subsidy: $850,000 for 60 rental units
  • Member: Wells Fargo Bank South Central
    Sponsor: Foundation Communities Inc.
    Subsidy: $850,000 for 156 rental units

Del Rio

  • Member: Wells Fargo Bank South Central
    Sponsor: Housing and Community Services Inc.
    Subsidy: $850,000 for 60 rental units

El Paso

  • Member: TexasBank
    Sponsor: Opportunity Center for the Homeless
    Subsidy: $600,000 for 35 rental units

Fort Worth

  • Member: Texas Capital Bank NA
    Sponsor: Presbyterian Night Shelter Tarrant County
    Subsidy: $600,000 for 40 rental units

Houston

  • Member: Home Bank NA
    Sponsor: Bread of Life Inc.
    Subsidy: $500,000 for 31 rental units
  • Member: Comerica Bank
    Sponsor: New Hope Housing Inc.
    Subsidy: $850,000 for 112 rental units
  • Member: Texas Capital Bank NA
    Sponsor: Star of Hope Mission
    Subsidy: $616,280 for 250 rental units
  • Member: Stellar Bank
    Sponsor: Fifth Ward Community Redevelopment Corp.
    Subsidy: $850,000 for 76 rental units
  • Member: Stellar Bank
    Sponsor: Tejano Center for Community Concerns
    Subsidy: $850,000 for 93 rental units

San Antonio

  • Member: Frost Bank
    Sponsor: HFCC Inc.
    Subsidy: $614,000 for 41 rental units
  • Member: Frost Bank
    Sponsor: Adult & Teen Challenge of Texas
    Subsidy: $850,000 for 40 rental units

Waco

  • Member: Home Federal Bank
    Sponsor: Waco Housing Authority
    Subsidy: $850,000 for 79 rental units

Wylie

  • Member: The American National Bank of Texas
    Sponsor: Agape Resource & Assistance Center
    Subsidy: $540,000 for 38 rental units
•••
Arkansas $6,195,000 for 468 units

Fayetteville

  • Member: Bank OZK
    Sponsor: Restore Hope Arkansas
    Subsidy: $850,000 for 60 rental units
  • Member: Arvest Bank
    Sponsor: Restore Hope Arkansas
    Subsidy: $850,000 for 89 rental units

Fort Smith

  • Member: The FNB of Fort Smith
    Sponsor: Riverview HOPE Campus
    Subsidy: $850,000 for 57 rental units
  • Member: Arvest Bank
    Sponsor: Community Rescue Mission Inc.
    Subsidy: $90,000 for six rental units

Hardy

  • Member: First Security Bank
    Sponsor: Spring River Apartments, LP
    Subsidy: $480,000 for 32 rental units

Lake Village

  • Member: Simmons Bank
    Sponsor: HouseAboutit Community & Economic Development Agency
    Subsidy: $270,000 for 18 rental units

Little Rock

  • Member: Encore Bank
    Sponsor: Community Living Inc.
    Subsidy: $540,000 for 36 rental units
  • Member: Simmons Bank
    Sponsor: Downtown Little Rock Community Development Corp.
    Subsidy: $850,000 for 109 rental units
  • Member: Cadence Bank
    Sponsor: University District Development Corp.
    Subsidy: $390,000 for 26 rental units
  • Member: Arvest Bank
    Sponsor: Immerse Arkansas
    Subsidy: $225,000 for 15 rental units

Mountain Home

  • Member: First Community Bank
    Sponsor: Eden Village of Mountain Home
    Subsidy: $800,000 for 20 rental units
•••
Louisiana $6,530,000 for 575 units

Baton Rouge

  • Member: Home Bank NA
    Sponsor: Partners-for-Progress Inc.
    Subsidy: $850,000 for 70 rental units
  • Member: Red River Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $705,000 for 59 rental units
  • Member: Red River Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $850,000 for 72 rental units

Hammond

  • Member: Home Bank NA
    Sponsor: Northlake Homeless Coalition
    Subsidy: $850,000 for 57 rental units
  • Member: Fifth District Savings Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $330,000 for 22 rental units
  • Member: Fifth District Savings Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $360,000 for 24 rental units

Lake Charles

  • Member: Cadence Bank
    Sponsor: The Banyan Foundation Inc.
    Subsidy: $850,000 for 120 rental units

New Orleans

  • Member: Metairie Bank & Trust Co.
    Sponsor: Blueprint Investment Fund
    Subsidy: $450,000 for 30 rental units
  • Member: Home Bank NA
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $850,000 for 92 rental units

River Ridge

  • Member: Home Bank NA
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $435,000 for 29 rental units
•••
Mississippi $2,050,000 for 120 units

Hattiesburg

  • Member: Trustmark National Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $450,000 for 30 rental units

McComb

  • Member: Hope Federal Credit Union
    Sponsor: New Century Development Corp.
    Subsidy: $750,000 for 50 rental units

Pattison

  • Member: BankPlus
    Sponsor: Mississippi Regional Housing Authority No. VI
    Subsidy: $850,000 for 40 rental units
•••
New Mexico $830,000 for 93 units

Albuquerque

  • Member: Wells Fargo Bank South Central
    Sponsor: YES Housing Inc.
    Subsidy: $610,000 for 61 rental units

Socorro

  • Member: New Mexico Bank & Trust
    Sponsor: El Camino Real Housing Authority
    Subsidy: $220,000 for 32 rental units

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Previous Rio Bank Expands Footprint Outside Rio Grande Valley with New Banking Center in Alamo Heights Next Medina, Jefferson Bank’s Chief Information Security Officer, Honored with Top Global CISOs Award

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About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to contact the editorial department.

News

Federal Home Loan Bank of Dallas Awards $28.4 Million for Affordable Housing

December 14, 2023

The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 projects in its five-state district of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,677 housing units.

“Affordable housing is a critical need for communities across the country,” says Sanjay Bhasin, FHLB Dallas president and CEO. “This year, we are proud to provide AHP funds to increase the supply of affordable housing in our members’ communities, providing housing stability and uplifting local economies in the process.”

FHLB Dallas annually returns 10 percent of its profits in the form of AHP subsidies to the communities served by its member institutions. This year’s subsidies were awarded through 24 member institutions. AHP subsidies are available up to $850,000 per application and can be used for the construction or rehabilitation of owner-occupied, rental or transitional housing, as well as housing for homeless individuals.

“The AHP has allowed us to support organizations creating housing opportunities to suit the diverse needs within our community,” says Brian North, president and CEO at Fifth District Savings Bank. “The projects we support require a significant amount of funding to cover construction costs. FHLB Dallas has been vital to cover funding gaps and many projects would not have come to fruition without its support.”

Louisiana-based Fifth District Savings Bank received two grants totaling $690,000 to support Gulf Coast Housing Partnership on two separate projects that will create 46 housing units in Hammond, Louisiana. Both developments will be built to the Insurance Institute for Business & Home Safety’s (IBHS) Fortified Multifamily Gold standard, designed to provide the highest possible protection against severe weather such as high winds, hail, hurricanes and tornadoes.

Texas $12,820,280 for 1,421 units

Austin

  • Member: Cadence Bank
    Sponsor: Austin Affordable Housing Corp.
    Subsidy: $850,000 for 100 rental units
  • Member: Frost Bank
    Sponsor: Integral Care
    Subsidy: $850,000 for 60 rental units
  • Member: Frost Bank
    Sponsor: Austin Housing Finance Corp.
    Subsidy: $850,000 for 150 rental units
  • Member: Texas Capital Bank NA
    Sponsor: The SAFE Alliance Affordable Housing Corp.
    Subsidy: $850,000 for 60 rental units
  • Member: Wells Fargo Bank South Central
    Sponsor: Foundation Communities Inc.
    Subsidy: $850,000 for 156 rental units

Del Rio

  • Member: Wells Fargo Bank South Central
    Sponsor: Housing and Community Services Inc.
    Subsidy: $850,000 for 60 rental units

El Paso

  • Member: TexasBank
    Sponsor: Opportunity Center for the Homeless
    Subsidy: $600,000 for 35 rental units

Fort Worth

  • Member: Texas Capital Bank NA
    Sponsor: Presbyterian Night Shelter Tarrant County
    Subsidy: $600,000 for 40 rental units

Houston

  • Member: Home Bank NA
    Sponsor: Bread of Life Inc.
    Subsidy: $500,000 for 31 rental units
  • Member: Comerica Bank
    Sponsor: New Hope Housing Inc.
    Subsidy: $850,000 for 112 rental units
  • Member: Texas Capital Bank NA
    Sponsor: Star of Hope Mission
    Subsidy: $616,280 for 250 rental units
  • Member: Stellar Bank
    Sponsor: Fifth Ward Community Redevelopment Corp.
    Subsidy: $850,000 for 76 rental units
  • Member: Stellar Bank
    Sponsor: Tejano Center for Community Concerns
    Subsidy: $850,000 for 93 rental units

San Antonio

  • Member: Frost Bank
    Sponsor: HFCC Inc.
    Subsidy: $614,000 for 41 rental units
  • Member: Frost Bank
    Sponsor: Adult & Teen Challenge of Texas
    Subsidy: $850,000 for 40 rental units

Waco

  • Member: Home Federal Bank
    Sponsor: Waco Housing Authority
    Subsidy: $850,000 for 79 rental units

Wylie

  • Member: The American National Bank of Texas
    Sponsor: Agape Resource & Assistance Center
    Subsidy: $540,000 for 38 rental units

•••
Arkansas $6,195,000 for 468 units

Fayetteville

  • Member: Bank OZK
    Sponsor: Restore Hope Arkansas
    Subsidy: $850,000 for 60 rental units
  • Member: Arvest Bank
    Sponsor: Restore Hope Arkansas
    Subsidy: $850,000 for 89 rental units

Fort Smith

  • Member: The FNB of Fort Smith
    Sponsor: Riverview HOPE Campus
    Subsidy: $850,000 for 57 rental units
  • Member: Arvest Bank
    Sponsor: Community Rescue Mission Inc.
    Subsidy: $90,000 for six rental units

Hardy

  • Member: First Security Bank
    Sponsor: Spring River Apartments, LP
    Subsidy: $480,000 for 32 rental units

Lake Village

  • Member: Simmons Bank
    Sponsor: HouseAboutit Community & Economic Development Agency
    Subsidy: $270,000 for 18 rental units

Little Rock

  • Member: Encore Bank
    Sponsor: Community Living Inc.
    Subsidy: $540,000 for 36 rental units
  • Member: Simmons Bank
    Sponsor: Downtown Little Rock Community Development Corp.
    Subsidy: $850,000 for 109 rental units
  • Member: Cadence Bank
    Sponsor: University District Development Corp.
    Subsidy: $390,000 for 26 rental units
  • Member: Arvest Bank
    Sponsor: Immerse Arkansas
    Subsidy: $225,000 for 15 rental units

Mountain Home

  • Member: First Community Bank
    Sponsor: Eden Village of Mountain Home
    Subsidy: $800,000 for 20 rental units

•••
Louisiana $6,530,000 for 575 units

Baton Rouge

  • Member: Home Bank NA
    Sponsor: Partners-for-Progress Inc.
    Subsidy: $850,000 for 70 rental units
  • Member: Red River Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $705,000 for 59 rental units
  • Member: Red River Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $850,000 for 72 rental units

Hammond

  • Member: Home Bank NA
    Sponsor: Northlake Homeless Coalition
    Subsidy: $850,000 for 57 rental units
  • Member: Fifth District Savings Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $330,000 for 22 rental units
  • Member: Fifth District Savings Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $360,000 for 24 rental units

Lake Charles

  • Member: Cadence Bank
    Sponsor: The Banyan Foundation Inc.
    Subsidy: $850,000 for 120 rental units

New Orleans

  • Member: Metairie Bank & Trust Co.
    Sponsor: Blueprint Investment Fund
    Subsidy: $450,000 for 30 rental units
  • Member: Home Bank NA
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $850,000 for 92 rental units

River Ridge

  • Member: Home Bank NA
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $435,000 for 29 rental units

•••
Mississippi $2,050,000 for 120 units

Hattiesburg

  • Member: Trustmark National Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $450,000 for 30 rental units

McComb

  • Member: Hope Federal Credit Union
    Sponsor: New Century Development Corp.
    Subsidy: $750,000 for 50 rental units

Pattison

  • Member: BankPlus
    Sponsor: Mississippi Regional Housing Authority No. VI
    Subsidy: $850,000 for 40 rental units

•••
New Mexico $830,000 for 93 units

Albuquerque

  • Member: Wells Fargo Bank South Central
    Sponsor: YES Housing Inc.
    Subsidy: $610,000 for 61 rental units

Socorro

  • Member: New Mexico Bank & Trust
    Sponsor: El Camino Real Housing Authority
    Subsidy: $220,000 for 32 rental units

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Previous Rio Bank Expands Footprint Outside Rio Grande Valley with New Banking Center in Alamo Heights Next Medina, Jefferson Bank’s Chief Information Security Officer, Honored with Top Global CISOs Award

MORE News

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Louisiana-based Origin Bank Opens New Office in The Woodlands, Hires Staley for Business Development

Mississippi-based Cadence Bank to Acquire Industry Bancshares

The Texas Bankers Foundation Announces 2025 Emerging Leader Honorees

Texas Bankers Foundation Announces 2025 Cornerstone and LiFE Award Winners

1 2 … 5 Next >

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Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

News

Federal Home Loan Bank of Dallas Awards $28.4 Million for Affordable Housing

December 14, 2023

The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 projects in its five-state district of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,677 housing units.

“Affordable housing is a critical need for communities across the country,” says Sanjay Bhasin, FHLB Dallas president and CEO. “This year, we are proud to provide AHP funds to increase the supply of affordable housing in our members’ communities, providing housing stability and uplifting local economies in the process.”

FHLB Dallas annually returns 10 percent of its profits in the form of AHP subsidies to the communities served by its member institutions. This year’s subsidies were awarded through 24 member institutions. AHP subsidies are available up to $850,000 per application and can be used for the construction or rehabilitation of owner-occupied, rental or transitional housing, as well as housing for homeless individuals.

“The AHP has allowed us to support organizations creating housing opportunities to suit the diverse needs within our community,” says Brian North, president and CEO at Fifth District Savings Bank. “The projects we support require a significant amount of funding to cover construction costs. FHLB Dallas has been vital to cover funding gaps and many projects would not have come to fruition without its support.”

Louisiana-based Fifth District Savings Bank received two grants totaling $690,000 to support Gulf Coast Housing Partnership on two separate projects that will create 46 housing units in Hammond, Louisiana. Both developments will be built to the Insurance Institute for Business & Home Safety’s (IBHS) Fortified Multifamily Gold standard, designed to provide the highest possible protection against severe weather such as high winds, hail, hurricanes and tornadoes.

Texas $12,820,280 for 1,421 units

Austin

  • Member: Cadence Bank
    Sponsor: Austin Affordable Housing Corp.
    Subsidy: $850,000 for 100 rental units
  • Member: Frost Bank
    Sponsor: Integral Care
    Subsidy: $850,000 for 60 rental units
  • Member: Frost Bank
    Sponsor: Austin Housing Finance Corp.
    Subsidy: $850,000 for 150 rental units
  • Member: Texas Capital Bank NA
    Sponsor: The SAFE Alliance Affordable Housing Corp.
    Subsidy: $850,000 for 60 rental units
  • Member: Wells Fargo Bank South Central
    Sponsor: Foundation Communities Inc.
    Subsidy: $850,000 for 156 rental units

Del Rio

  • Member: Wells Fargo Bank South Central
    Sponsor: Housing and Community Services Inc.
    Subsidy: $850,000 for 60 rental units

El Paso

  • Member: TexasBank
    Sponsor: Opportunity Center for the Homeless
    Subsidy: $600,000 for 35 rental units

Fort Worth

  • Member: Texas Capital Bank NA
    Sponsor: Presbyterian Night Shelter Tarrant County
    Subsidy: $600,000 for 40 rental units

Houston

  • Member: Home Bank NA
    Sponsor: Bread of Life Inc.
    Subsidy: $500,000 for 31 rental units
  • Member: Comerica Bank
    Sponsor: New Hope Housing Inc.
    Subsidy: $850,000 for 112 rental units
  • Member: Texas Capital Bank NA
    Sponsor: Star of Hope Mission
    Subsidy: $616,280 for 250 rental units
  • Member: Stellar Bank
    Sponsor: Fifth Ward Community Redevelopment Corp.
    Subsidy: $850,000 for 76 rental units
  • Member: Stellar Bank
    Sponsor: Tejano Center for Community Concerns
    Subsidy: $850,000 for 93 rental units

San Antonio

  • Member: Frost Bank
    Sponsor: HFCC Inc.
    Subsidy: $614,000 for 41 rental units
  • Member: Frost Bank
    Sponsor: Adult & Teen Challenge of Texas
    Subsidy: $850,000 for 40 rental units

Waco

  • Member: Home Federal Bank
    Sponsor: Waco Housing Authority
    Subsidy: $850,000 for 79 rental units

Wylie

  • Member: The American National Bank of Texas
    Sponsor: Agape Resource & Assistance Center
    Subsidy: $540,000 for 38 rental units

•••
Arkansas $6,195,000 for 468 units

Fayetteville

  • Member: Bank OZK
    Sponsor: Restore Hope Arkansas
    Subsidy: $850,000 for 60 rental units
  • Member: Arvest Bank
    Sponsor: Restore Hope Arkansas
    Subsidy: $850,000 for 89 rental units

Fort Smith

  • Member: The FNB of Fort Smith
    Sponsor: Riverview HOPE Campus
    Subsidy: $850,000 for 57 rental units
  • Member: Arvest Bank
    Sponsor: Community Rescue Mission Inc.
    Subsidy: $90,000 for six rental units

Hardy

  • Member: First Security Bank
    Sponsor: Spring River Apartments, LP
    Subsidy: $480,000 for 32 rental units

Lake Village

  • Member: Simmons Bank
    Sponsor: HouseAboutit Community & Economic Development Agency
    Subsidy: $270,000 for 18 rental units

Little Rock

  • Member: Encore Bank
    Sponsor: Community Living Inc.
    Subsidy: $540,000 for 36 rental units
  • Member: Simmons Bank
    Sponsor: Downtown Little Rock Community Development Corp.
    Subsidy: $850,000 for 109 rental units
  • Member: Cadence Bank
    Sponsor: University District Development Corp.
    Subsidy: $390,000 for 26 rental units
  • Member: Arvest Bank
    Sponsor: Immerse Arkansas
    Subsidy: $225,000 for 15 rental units

Mountain Home

  • Member: First Community Bank
    Sponsor: Eden Village of Mountain Home
    Subsidy: $800,000 for 20 rental units

•••
Louisiana $6,530,000 for 575 units

Baton Rouge

  • Member: Home Bank NA
    Sponsor: Partners-for-Progress Inc.
    Subsidy: $850,000 for 70 rental units
  • Member: Red River Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $705,000 for 59 rental units
  • Member: Red River Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $850,000 for 72 rental units

Hammond

  • Member: Home Bank NA
    Sponsor: Northlake Homeless Coalition
    Subsidy: $850,000 for 57 rental units
  • Member: Fifth District Savings Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $330,000 for 22 rental units
  • Member: Fifth District Savings Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $360,000 for 24 rental units

Lake Charles

  • Member: Cadence Bank
    Sponsor: The Banyan Foundation Inc.
    Subsidy: $850,000 for 120 rental units

New Orleans

  • Member: Metairie Bank & Trust Co.
    Sponsor: Blueprint Investment Fund
    Subsidy: $450,000 for 30 rental units
  • Member: Home Bank NA
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $850,000 for 92 rental units

River Ridge

  • Member: Home Bank NA
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $435,000 for 29 rental units

•••
Mississippi $2,050,000 for 120 units

Hattiesburg

  • Member: Trustmark National Bank
    Sponsor: Gulf Coast Housing Partnership
    Subsidy: $450,000 for 30 rental units

McComb

  • Member: Hope Federal Credit Union
    Sponsor: New Century Development Corp.
    Subsidy: $750,000 for 50 rental units

Pattison

  • Member: BankPlus
    Sponsor: Mississippi Regional Housing Authority No. VI
    Subsidy: $850,000 for 40 rental units

•••
New Mexico $830,000 for 93 units

Albuquerque

  • Member: Wells Fargo Bank South Central
    Sponsor: YES Housing Inc.
    Subsidy: $610,000 for 61 rental units

Socorro

  • Member: New Mexico Bank & Trust
    Sponsor: El Camino Real Housing Authority
    Subsidy: $220,000 for 32 rental units

SHARE THIS FEATURE:

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MORE News

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Louisiana-based Origin Bank Opens New Office in The Woodlands, Hires Staley for Business Development

Mississippi-based Cadence Bank to Acquire Industry Bancshares

The Texas Bankers Foundation Announces 2025 Emerging Leader Honorees

Texas Bankers Foundation Announces 2025 Cornerstone and LiFE Award Winners

1 2 … 5 Next >

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

Search

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

Subscribe to Bankers Digest

Bankers Digest’s e-newsletter is distributed three times a month. Sign up today to stay in the loop—it’s free!

About

Bankers Digest is your source for Texas banking news and information, including bankers on the move,  bank developments across the state, industry updates, regulations and job opportunities. Click here to send us your bank’s news or to contact the editorial department.

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

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a SUBSIDIARY of the Independent Bankers Association of Texas3

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© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas