FHLB Dallas Grants $105,000 to Support Affordable Housing and Community Development in New Orleans
The Federal Home Loan Bank of Dallas (FHLB Dallas) recently awarded grants totaling $105,000 to four organizations in New Orleans through its Heirs’ Property Program and Partnership Grant Program. The grants will support affordable housing initiatives and community development projects in the area.
Heirs’ Property Program Grants
Louisiana Appleseed, Desire Community Housing Corporation (Desire Community HC), and Divine Touch Community Development Center (Divine Touch CDC) each received a $25,000 Heirs’ Property Program grant from FHLB Dallas. These grants will help these organizations provide education, counseling, and assistance to families dealing with complex heirs’ property issues.
Heirs’ property is a common issue in many communities, particularly in the African American community, where the passing of property through generations without clear title can create legal and financial challenges. These grants will enable the organizations to continue their work in helping families navigate the complex legal and financial processes involved in resolving heirs’ property issues and preserving family-owned property.
Partnership Grant Program
Coastal Communities Consulting (CCC) was awarded a $30,000 grant through FHLB Dallas’ Partnership Grant Program. The grant will support CCC’s efforts to provide technical assistance and training to community-based organizations and local governments in the Gulf Coast region. The organization focuses on sustainable community development and disaster recovery, and the grant will help it continue its work in these areas.
The Partnership Grant Program is designed to support community-led initiatives that address affordable housing and community development needs. CCC’s work aligns with this mission, and the grant will enable the organization to provide valuable resources and expertise to local organizations and governments as they work to improve their communities.
Impact on New Orleans
These grants will have a significant impact on the New Orleans community. By providing resources and support to organizations addressing heirs’ property issues and community development needs, FHLB Dallas is helping to preserve family-owned property and strengthen local communities. The grants will also support sustainable community development and disaster recovery efforts, which are crucial in the aftermath of natural disasters like Hurricane Katrina.
Impact on the World
The work of these organizations goes beyond the borders of New Orleans and has implications for communities around the world. Heirs’ property issues are not unique to the Gulf Coast region, and the education, counseling, and assistance provided by Louisiana Appleseed, Desire Community HC, and Divine Touch CDC can serve as models for other communities dealing with similar challenges. Similarly, the technical assistance and training provided by CCC can help communities in the Gulf Coast region and beyond build capacity and improve their ability to address affordable housing and community development needs.
Conclusion
The Federal Home Loan Bank of Dallas’ grants to Louisiana Appleseed, Desire Community Housing Corporation, Divine Touch Community Development Center, and Coastal Communities Consulting are a testament to the importance of community-led initiatives in addressing affordable housing and community development needs. These organizations are making a difference in the New Orleans community, and their work has implications for communities around the world. By providing resources and support to these organizations, FHLB Dallas is helping to build stronger, more resilient communities and preserve family-owned property.
- FHLB Dallas awarded $105,000 in grants to four organizations in New Orleans
- Heirs’ Property Program grants went to Louisiana Appleseed, Desire Community HC, and Divine Touch CDC
- Partnership Grant went to Coastal Communities Consulting
- Grants will support affordable housing initiatives and community development projects
- Heirs’ property grants will help families navigate complex legal and financial processes
- Partnership grant will provide technical assistance and training to community-based organizations
- Grants will have a significant impact on New Orleans and beyond
