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  • Home>$500K Grant Helps Houston Women and Family Development Center Open

    $500K Grant Helps Houston Women and Family Development Center Open

    $500K Grant Helps Houston Women and Family Development Center Open

    11/11/2017

    $500K Grant Helps Houston Women and Family Development Center Open

    FHLB Dallas and Texas Capital Bank Provided Funds

    Houston Mayor Sylvester Turner joined local dignitaries and representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Texas Capital Bank, an FHLB Dallas member institution, for a grand-opening celebration Thursday for Star of Hope’s Cornerstone CommunitySM (Cornerstone CommunitySM).

    This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171110005713/en/

    Houston dignitaries joined representatives from FHLB Dallas and Texas Capital Bank for a grand openi ...

    Houston dignitaries joined representatives from FHLB Dallas and Texas Capital Bank for a grand opening celebration of Star of Hope's Cornerstone Community. Star of Hope was awarded a $500K AHP grant this year, which assisted in the construction of the women and family development center. (Photo: Business Wire)

    Star of Hope was awarded a $500,000 Affordable Housing Program (AHP) grant this year from Texas Capital Bank and FHLB Dallas, assisting in the construction of the 48-acre campus. The campus will provide services to up to 180 single women and 150 families. Star of Hope’s former Women and Family Emergency Shelter and the Transitional Living Center have been consolidated on the Cornerstone CommunitySM campus to become the new Women and Family Development Center.

    “Here we will serve up to 600 women and children, with a full spectrum of basic services, counseling, programs for substance abuse recovery, GED and educational opportunities, job skills training and independent living readiness,” said Star of Hope President and CEO Hank Rush.

    In 2017, FHLB Dallas awarded $7 million in AHP grants to 19 affordable housing projects. The grants will help create 1,108 new or rehabilitated housing units. Of the total amount, Texas was awarded $3,419,168 for 722 units.