State Senator, Representative to Join Red River Bank for Home Dedications

Dedication Ceremony, 12:00 p.m. Saturday, October 1

SHREVEPORT, La.–(BUSINESS WIRE)–Louisiana State Senator Gregory Tarver (District 39) and
Louisiana State Representative Cedric Glover (District 4) will attend a
dedication ceremony on Saturday for two homes. The homes were funded, in
part, by a $55,800 Affordable Housing Program (AHP) grant in 2015 from
Red River Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas).

The grant to The Fuller Center for Housing of Northwest Louisiana
(Fuller Center NWLA) assisted with land acquisition, down payment
assistance, construction, closing costs, and homebuyer counseling
assistance for eight new single-family homes in Shreveport’s Allendale
neighborhood.

The homeowners will be present at the ceremony, which will take place at noon
on Saturday, October 1, 2016
at 1548 and 1554 Clay Street,
Shreveport.
The media is encouraged to attend.

The Fuller Center NWLA was started in 2005 by Habitat for Humanity
founder Millard Fuller as a way to continue his vision of a grassroots
movement working to eliminate poverty housing worldwide. The
organization provides a no-interest mortgage, and all applicants are
required to attend credit counseling and home management classes.

“As former mayor of Shreveport, making affordable housing accessible to
the citizens of Shreveport is an issue that is near and dear to my
heart,” said Representative Glover, who was mayor of Shreveport from
2006 to 2014. “Witnessing this partnership between the public and
private sectors for the greater good of the community is a privilege.”

FHLB Dallas annually returns 10 percent of its profits in the form of
AHP grants to the communities served by its member institutions such as
Red River Bank. AHP grants fund a variety of projects, including home
rehabilitation and modifications for low-income, elderly, and
special-needs residents; down payment and closing cost assistance for
qualified first-time homebuyers; and the construction of low-income,
multifamily rental communities and single-family homes.

WHAT:     House Dedication
WHEN: 12:00 p.m. Saturday, October 1, 2016
WHO: State Senator Gregory Tarver, Louisiana-District 39
State Representative Cedric Glover, Louisiana-District 4
Steven Jackson, Caddo Parish Commissioner,
District 3
Willie Bradford, City Councilman, District A
Bonnie Moore, Director, Community Development, City of
Shreveport
Judy Madison, Assistant Vice President of Community
Outreach and Mortgage Lending, Red River Bank
Kenneth Beauvais, President, CEO, Hardware Distribution
Warehouses
Lee Jeter, Executive Director, Fuller Center NWLA
Brenda Barton, Communications Liaison, Fuller Center NWLA
 
WHERE: 1548 and 1554 Clay Street
Shreveport, Louisiana 71101

Contacts

Federal Home Loan Bank of Dallas
Corporate Communications,
214-441-8445
www.fhlb.com