3:30 p.m. Wednesday, October 10, St. Jude Center, 2920 Forest Lane,
DALLAS–(BUSINESS WIRE)–Thanks, in part, to a $500,000 Affordable Housing Program (AHP) grant to
St. Jude Inc. from Frost Bank and the Federal Home Loan Bank of Dallas
(FHLB Dallas), Dallas has a new 104-unit housing complex for homeless
The media is encouraged to join local dignitaries and bank
representatives at a grand opening event at 3:30 p.m. Wednesday,
October 10, 2018, at St. Jude Center at 2920 Forest Lane in Dallas.
The $500,000 AHP grant, which was awarded to St. Jude Inc. in early
2018, provided gap funding for the renovation of a building that
formerly served as a retirement apartment complex at the southeast
corner of Josey and Forest lanes.
AHP grants are available annually through FHLB Dallas member
institutions such as Frost Bank to assist in the development of
affordable owner-occupied and rental housing for very low- to
moderate-income households located across FHLB Dallas’ five-state
District of Arkansas, Louisiana, Mississippi, New Mexico and Texas.
Since the inception of the AHP in 1990, FHLB Dallas has awarded more
than $261 million in AHP and AHP-funded grants to assist more than
For more information about the AHP, visit fhlb.com/ahp.
|Ribbon Cutting and Grand Opening|
|3:30 p.m. Wednesday, October 10, 2018|
Mayor Mike Rawlings, City of Dallas
Judge Clay Jenkins, Dallas County
Grant Simmons, Sr. Vice President, Frost Bank
Joseph Dingman, Treasurer, Catholic Housing Initiative
Sister Donna Markham, CEO, Catholic Charities USA
Dave Woodyard, CEO, Catholic Charities Dallas
Denise Schmitt, Community Investment Operations Manager,
Elizabeth Hogan, Affordable Housing Analyst, FHLB Dallas
|St. Jude Center|
|2920 Forest Lane|
|Dallas, Texas 75234|
Federal Home Loan Bank of Dallas