Bank of the Ozarks and FHLB Dallas Award Grant to Assist Homeowners With Critical Repairs LITTLE ROCK, Ark., April 5, 2011 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of Dallas (FHLB Dallas) and Bank of the Ozarks are pleased to announce they have awarded a $140,000 Affordable Housing Program (AHP) grant to the Southwest Arkansas Development Council (SWADC) to assist with home rehabilitation costs. The AHP grant will be used to provide much needed repairs to the homes of very low-income elderly and/or disabled homeowners in Miller County, Arkansas. The funds are being used in conjunction with monies from the weatherization assistance programs offered by the U.S. Department of Energy and the state of Arkansas, according to William Taft Wilson, weatherization director for SWADC. The grant funds will enable SWADC to make much needed repairs to 20 homes, including replacing roofs, floors, and windows, to bring the homes into compliance with the code standard, which will then qualify them for weatherization assistance program funds. Many of the homes in the region served by SWADC are turned down for the weatherization assistance program funds because they are in such poor condition and need repairs that are not covered by such programs. |
Funding News The Whitefish Community Foundation set a new record high in giving to local nonprofitsNov. 3 at the annual grant awards presentation. More than $300,000 was awarded to 74 different organizations — up $60,000 from last year. About 250 people were packed into the O’Shaughnessy Center for the ceremony. Music was provided by the Whitefish High School drumline and jazz band. Grant awards ranged from $500 to $6,000 from the Foundation’s Community Grants Fund, a competitive grant program. This year, 46 grants totaling $110,000 was distributed from the Community Grants Fund. An additional $190,000 was awarded from six of the Foundation’s Donor-Advised Funds. Funding for the Community Grants Fund comes from private donations, the annual Whitefish Duck Derby that raised $45,000 for grants this year, the Summer Art Social, and interest from the Foundation’s Permanent Endowment Fund. Read More > Great Lakes Energy awards grantsGreat Lakes Energy members continue to lend a hand to local community causes through their voluntary contributions to the People Fund. The People Fund board of directors awarded a total of $16,000 in grants in February to the following non-profit organizations in northern Michigan: Women's Resource Center of Northern Michigan, Petoskey: $4,000 to fund remodeling and signs at the new resale shop location. The Nehemiah Project Hospitality House, Petoskey: $2,000 to fund a fire escape for the homeless family shelter. Read More >TESTIMONIALS |
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