Press Release
Conaway Announces Grant for Mason County Habitat for Humanity
Today, Congressman Mike Conaway (TX-11) announced that the Mason County Habitat for Humanity was awarded an Affordable Housing Program (AHP) grant in the amount of $5,000 from the Federal Home Loan Bank of Dallas. These grants are made to community-based organizations, in conjunction with a local financial institution.
“I am pleased that the Mason County Habitat for Humanity received this grant,” said Conaway. “Poor living conditions have a great impact on our children. Because of Habitat for Humanity, families are not only provided with protection and safety, but also a sense of motivation and self-worth for the future. I applaud the Affordable Housing Program and the Federal Home Loan Bank of Dallas for their efforts in bringing this grant to the wonderful community of Mason.” The Mason County Habitat for Humanity will receive $5,000 towards the construction of a single family home that will be located within the city limits of Mason. The home will be sold to a qualified partner family at no profit, financed with an affordable no-interest loan. The grant funds have been made available through Mason National Bank. “The Bank recently awarded $8 million in affordable housing grants, which are awarded twice a year to our member institutions, enabling them to make a positive impact in their local communities. We have now awarded over $169 million in affordable housing grants since the program began in 1990,” commented Bruce Hatton, Vice President, and Director of Community Investment. For more information on the Affordable Housing Program grants, please visit their website at http://www.fhfb.gov. |