Red River Bank & FHLB Dallas celebrate $12M in grants for affordable housing, disaster recovery, and economic development in Louisiana.

In METAIRIE, La., The Federal Home Loan Bank of Dallas (FHLB Dallas) and Red River Bank have reached a significant achievement by delivering $12 million in FHLB Dallas grants over the span of 25 years. These funds have been instrumental in bolstering affordable housing initiatives, aiding in disaster recovery efforts, and fostering economic development in various communities throughout Louisiana. Jannease Seastrunk, senior representative at Red River Bank, expressed gratitude for the grants which have enabled them to facilitate affordable housing, assist families and businesses in post-disaster reconstruction, and contribute to the long-term economic prosperity of Louisiana.