Federal Home Loan Bank of Dallas and Home Bank Award $480K for Affordable Housing in Opelousas

OPELOUSAS, La.--(BUSINESS WIRE)-- #affordablehousing--The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $480,000 Affordable Housing Program (AHP) subsidy through its member, Home Bank, to Gulf Coast Housing Partnership (GCHP) to offset construction costs for a multifamily affordable housing subdivision near Opelousas, Louisiana. The funding will assist New Orleans-based GCHP in completing Country Ridge Estates North, a 32-unit affordable extension of Country Ridge Estates, a GCHP affordable housing devel