Federal Home Loan Bank of Dallas Awards $3.4 Million to 14 Community Development Financial Institutions

DALLAS–(BUSINESS WIRE)–Almost $3.4 million in funding was awarded to 14 nondepository community development financial institutions (CDFIs) through the Federal Home Loan Bank of Dallas (FHLB Dallas) Capacity Building and Growth Grant (CBGG) program. The funding is designed to help increase CDFIs’ ability to fulfill their critical role in supporting affordable housing, small businesses and economic development in underserved communities. These awards were made either to FHLB Dallas member insti