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FHLB Dallas and Hancock Whitney Support Transitional Housing in Patterson, Louisiana, with $1.17M Grant

businesswire.com
HWC Hancock Whitney is mentioned as a partner providing a grant for transitional housing, highlighting their community involvement and financial services. The article focuses on the positive impact of the grant rather than the company's financial performance.

FHLB Dallas and Hancock Whitney Support Transitional Housing in Patterson, Louisiana, with $1.17M Grant PATTERSON, La.--( BUSINESS WIRE)--There’s a larger transitional housing apartment complex available to residents of South Louisiana, made possible in part by a $1.17 million Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas and Hancock Whitney. The banks today joined The Purple Lemon, a faith-based mission, to celebrate the grand opening of an expanded transitional housing development that assists people recovering from addictions and homelessness.

The AHP grant, which was awarded by FHLB Dallas through Hancock Whitney, enabled The Purple Lemon to buy and expand an apartment building to 26 units of transitional housing. The upgraded community provides comprehensive supportive services—including counseling, job training, life‑skills education, support groups to help residents experiencing homelessness to achieve long‑term stability.

“The AHP grant is helping us change the trajectory for people working to rebuild their lives,” said Stacey Lancaster, founder and director of The Purple Lemon. “With this support, we were able to expand our housing and will be able to provide a safe environment for more residents during their recovery journey.”

AHP grants are awarded annually through FHLB Dallas member institutions to support the development and rehabilitation of affordable housing for low-income households.

“We are honored to support The Purple Lemon in expanding housing for individuals working toward long‑term recovery and independence,” said LaCarsha Babers, vice president and community outreach officer at Hancock Whitney. “We are proud of our relationship with FHLB Dallas that helped bring this project to life.”

The organization began in 2019 by providing food and outreach to people experiencing homelessness and a year later began housing individuals in a leased apartment and providing supportive services.

“The Purple Lemon’s commitment to supportive, recovery‑focused housing reflects the impact the Affordable Housing Program is meant to create,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas.

About Hancock Whitney

Since the late 1800s, Hancock Whitney has embodied core values of Honor & Integrity, Strength & Stability, Commitment to Service, Teamwork, and Personal Responsibility. Hancock Whitney offices and financial centers in Mississippi, Alabama, Florida, Louisiana, and Texas offer comprehensive financial products and services, including traditional and online banking; commercial and small business banking; private banking; trust and investment services; healthcare banking; and mortgage services. The company also operates combined loan and deposit production offices in the greater metropolitan areas of Nashville, Tennessee, and Atlanta, Georgia. More information is available at www.hancockwhitney.com.

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 $108.5 billion as of December 31, 2025, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit fhlb.com.