Congressman Bennie Thompson Joins FHLB Dallas and Planters Bank for Tour of Affordable Housing Community

Yahoo! Finance
Monday, August 5, 2019

U.S. Congressman Bennie Thompson (D-MS-2) joined Planters Bank and Trust Company and the Federal Home Loan Bank of Dallas (FHLB Dallas) representatives last Thursday to attend a walking tour of the Reserves at Gray Park. The Reserves at Gray Park is a mixed use, mixed income, in-fill housing development built on eight acres of land donated by the city to Greater Greenville Housing and Revitalization Association (GGHRA) in November 2014, with 42 apartment units for families at or below 80 percent of the area median income. Hailed as the Delta’s first sustainable, healthy community, the community consists of one-, two- and three-bedroom units. GGHRA received a $224,000 Affordable Housing Program (AHP) grant from Planters Bank and Trust Company and FHLB Dallas in 2018, aiding in development expenses for the Reserves at Gray Park project. Planters Bank and Trust Company has utilized FHLB Dallas products and partnered together on programs such as the AHP for nearly two decades.