New Orleans’ Neighborhood Development Foundation (NDF) has received a $60,000 Partnership Grant Program (PGP) award from the Federal Home Loan Bank of Dallas, Home Bank, Liberty Bank & Trust, and Renasant Bank that will support its affordable housing initiatives and community development for low- and moderate-income residents across the city.
NDF plans to use the PGP funds for operational and administrative support, technical and security equipment upgrades, financial fitness workshops, and outreach events for workforce development.
“For almost 40 years, NDF has been committed to helping families achieve and sustain homeownership, stabilize neighborhoods and build generational wealth,” said NDF CEO Fred J. Johnson Jr. “We deeply appreciate the continued partnership and confidence that FHLB Dallas and its member institutions have shown in our mission.”
The PGP offers up to a 5:1 match of member contributions—up to $25,000 per FHLBank Dallas member—to support community-based organizations involved in affordable housing or economic development activities that complement other FHLBank Dallas community investment programs.
Photo: NDF CEO Fred J. Johnson Jr. accepts a ceremonial check from the $60,000 Partnership Grant Program.
