First National Bank of Louisiana and the Federal Home Loan Bank of Dallas (FHLB Dallas) will award $18,200 in Partnership Grant Program (PGP) funds to Crowley Main Street and Empowering the Community for Excellence (ETCFE).
Local dignitaries will join bank representatives in awarding the funds at a check presentation at noon Thursday, November 29, 2018, at First National Bank’s offices at 128 North Parkerson Avenue in Crowley, Louisiana. The media is encouraged to attend.
Crowley Main Street, whose mission is to revitalize and promote the historic, cultural, social and economic significance of Crowley’s downtown historic business district, will receive $16,000 in PGP funds to pay for a computer and software to assist with business and fundraising operations.
ETCFE, a nonprofit that provides free academic tutoring to underprivileged students, will receive $2,200 in funds from the banks to purchase two laptop computers and supplemental materials including language arts, reading and math workbooks.
The structure of the PGP enables FHLB Dallas member institutions such as First National Bank of Louisiana to make a contribution of $500 to $4,000 to a community-based organization (CBO), which FHLB Dallas will match at a 3:1 ratio.
For more information about the PGP, visit fhlb.com/pgp.