TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

affordable housing

American National Bank of Texas Provides $275,000 to Support Affordable Housing and Community Development Efforts in Southern Dallas County

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Terrell-based American National Bank of Texas has donated $275,000 to four local organizations to assist with their revitalization efforts in Southern Dallas County. The bank made the following donations: $100,000 to Builders of Hope Community Development Corp. to help construct and preserve quality affordable housing units, cultivate public policy and create opportunities for long-term economic … Read more

Community National Bank and West Texas National Bank Join Forces to Promote Midland Housing Project

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On March 28, two West Texas community banks came together to support a mission that will improve the lives of teachers, first responders and the Midland Memorial Medical staff by providing affordable housing opportunities in Midland. Midland-based Community National Bank and West Texas National Bank, both known for their philanthropic efforts in the Permian Basin, … Read more

Guaranty Bank & Trust Makes $1 Million Investment to the Austin Housing Conservancy Fund

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Guaranty Bancshares Inc., the parent company of Mount Pleasant-based Guaranty Bank & Trust, announced a $1 million equity investment in the Austin Housing Conservancy Fund (AHC) to support workforce affordable rental housing in Central Texas. AHC is a private equity fund focused on purchasing multi-family properties and preserving them as affordable housing for front-line personnel, creatives, … Read more

First National Bank Texas and FHLB Dallas Present $72,000 to Dallas Area Habitat for Humanity

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On August 3, Killeen-based First National Bank Texas (FNBT) and the Federal Home Loan Bank of Dallas (FHLB Dallas) presented $72,000 to the Dallas Area Habitat for Humanity in a ceremonial check presentation. FNBT and FHLB Dallas provided the funding from FHLB Dallas’ Homebuyer Equity Leverage Partnership (HELP) program in 2022 to help 12 income-qualified, first-time … Read more

Frost Makes Equity Investment in Austin Housing Conservancy Fund

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On October 25, San Antonio-based Frost Bank announced that it has made an equity investment of $500,000 into the Austin Housing Conservancy Fund (AHC) to support workforce-affordable rental housing in the rapidly growing Austin metropolitan area. AHC, founded in 2016, is an equity fund focused on purchasing multifamily properties and preserving them as affordable housing … Read more

Advance Community Fund Seeks Help to Revitalize Underserved Communities in North Texas

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With housing costs on the rise across Texas, finding an affordable place to live has become a crisis for too many families. Family incomes are not rising nearly as quickly as home prices in most regions of the state. According to studies, housing costs should account for less than 31 percent of a family’s income; … Read more

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas3

Linkedin Twitter Facebook

© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas