Market Overview

Partnership Grant to Help Educate Business Owners in New Orleans, Louisiana


IBERIABANK and FHLB Dallas Awarded $6K in Grant Funds

Founded in 2001, the Urban Conservancy is a New Orleans-based nonprofit
organization dedicated to research, education and advocacy that promote
best practices in developing New Orleans' economy and community. With
the goal of fostering economic resiliency and continuity in New Orleans,
the organization educates local would-be entrepreneurs about starting
and expanding a business.

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New Orleans-based nonprofit the Urban Conservancy received a $6,000 Partnership Grant Program award  ...

New Orleans-based nonprofit the Urban Conservancy received a $6,000 Partnership Grant Program award from IBERIABANK and FHLB Dallas to help local entrepreneurs. (Photo: Business Wire)

A $6,000 Partnership Grant Program (PGP) award from IBERIABANK and the
Federal Home Loan Bank of Dallas (FHLB Dallas) will help Urban
Conservancy in its effort to further its program. Bank and project
representatives yesterday joined local elected officials in announcing
the funds at a check presentation at IBERIABANK's offices in New
Orleans. The grant will fund all aspects of producing the ReadyBIZ tool,
an educational resource for entrepreneurs and small business owners,
which will include four educational videos and a visual roadmap on how
to begin and maintain a successful business in New Orleans. This is the
organization's fourth PGP award from IBERIABANK and FHLB Dallas.

"Receiving the grant enabled us to be creative in our programming," said
Abigail Sebton, research and data coordinator of Urban Conservancy. "It
is incredibly important to both create programs and to strengthen
relationships between local organizations and their banking partners in
the Greater New Orleans area."

FHLB Dallas' PGP awards provide 3:1 matches of member contributions to
provide grants up to $12,000 that help promote and strengthen
relationships between community-based organizations and FHLB Dallas
members. The PGP also complements the development activities fostered by
FHLB Dallas' Affordable Housing and Community Investment programs.
Including grants in 2012, 2014 and 2016, the Urban Conservancy has been
awarded a total of $22,500 in PGP funding through IBERIABANK and FHLB

"IBERIABANK invests in local nonprofits that directly benefit the
communities in which we serve. Urban Conservancy is a great example of
one of these partnerships in New Orleans. They are a client, neighbor
and nonprofit partner, and we are proud of the Urban Conservancy's
efforts to improve our city," said Hunter Hill, New Orleans market
president for IBERIABANK.

In 2018, FHLB Dallas has awarded $300,000 in Partnership Grant Program
(PGP) funds through 31 member institutions to assist 32 community-based
organizations. Combined with the $114,010 contributed by FHLB Dallas
members, a total of $414,010 has been awarded to the organizations.

FHLB Dallas Vice President and Affordable Housing Program Manager Bruce
Hatton said the Partnership Grant Program is beneficial for all parties

"This program allows us to work closely with our members to create
charitable impacts for those who need it the most," Mr. Hatton said. "We
believe in Urban Conservancy's mission and what they will accomplish for
the New Orleans community."

To learn more about the PGP, visit


IBERIABANK Corporation, a Louisiana corporation, is a financial holding
company with 333 combined locations, including 213 bank brand offices
and 1 loan production office in Louisiana, Arkansas, Tennessee, Alabama,
Texas, Florida, Georgia, South Carolina, New York, and North Carolina,
29 title insurance offices in Arkansas, Tennessee, and Louisiana, and
mortgage representatives in 72 locations in 12 states. The Company also
has 17 wealth management locations in 4 states and one IBERIA Capital
Partners L.L.C. office in Louisiana.

About the Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas is one of 11 district banks in the
FHLBank system created by Congress in 1932. FHLB Dallas, with total
assets of $75.9 billion as of June 30, 2018, is a member-owned
cooperative that supports housing and community development by providing
competitively priced advances and other credit products to approximately
825 members and associated institutions in Arkansas, Louisiana,
Mississippi, New Mexico and Texas. Visit
for more information.

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