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PGP FAQs.pdf

PGP-FAQs.pdf
Preview of PGP FAQs
🔗 Source: fhlb.com
📊 Size: 427 KB
📄 Pages: 2 pages
⬇️ Downloads: 114

Summary

The Federal Home Loan Bank of Dallas (FHLB Dallas) offers the Partnership Grant Program (PGP) to support community-based organizations (CBOs) involved in affordable housing or small business development, with $1,000,000 available in 2025 and a 5:1 match to member contributions up to $25,000. Eligible CBOs include 501(c)3 organizations in AR, LA, MS, NM, or TX with annual revenues at or below $1,000,000. The grant amount is determined by the member's contribution, with FHLB Dallas matching $500-$5,000 on a 5:1 basis. Applications can be submitted from May 5 to May 22, 2025, and must be emailed by a member institution, with electronic signatures permitted. The selection process uses a lottery system, and awarded funds can be used for operational expenses, pre-development costs, and other eligible uses, but not for construction materials or labor costs.

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Description

The Federal Home Loan Bank of Dallas (FHLB Dallas) offers the Partnership Grant Program (PGP) to support community-based organizations (CBOs) involved in...

Technical Information

  • File Format: PDF
  • File Size: 427 KB
  • Pages: 2
  • Language: EN
  • Total Downloads: 114
  • Last Updated: 1 month ago

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This PDF document about PGP FAQs provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into PGP FAQs.

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