New Shelter Opening in New Orleans Helped by $750K from Fifth District Savings Bank and FHLB Dallas
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Friday, February 18, 2022
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Fifth District Savings Bank (Fifth District) and the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Ozanam Inn on Thursday to celebrate the grand opening of its new homeless shelter serving the New Orleans, Louisiana, area.
Key Points:
- Fifth District Savings Bank (Fifth District) and the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Ozanam Inn on Thursday to celebrate the grand opening of its new homeless shelter serving the New Orleans, Louisiana, area.
- The AHP funds offset cost of the retrofit, said Rene Blanche, deputy director/director of development for Ozanam Inn.
- Funding from FHLB Dallas and Fifth District played a key role in closing a funding gap to make this day possible, Ms. Blanche said.
- The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932.