Dallas, TX

FHLB Dallas and Trustmark National Bank Celebrate Opening of Senior Living Facility, Helped by $850K Affordable Housing Program Grant

Published

2 years ago

August 28, 2024

FHLB Dallas and Trustmark National Bank Celebrate Opening of Senior Living Facility, Helped by 0K Affordable Housing Program Grant

FHLB Dallas representatives are joined by local dignitaries at the grand opening of The Pearl, an affordable housing community for seniors in Jackson, MS. (Photo: Business Wire)

Seventy-Six Low-Income Apartments Built for Residents 55 and Older in Jackson, Mississippi

JACKSON, Miss., August 28, 2024–(BUSINESS WIRE)–Jackson, Mississippi, has a new, $28 million affordable apartment community that serves income-restricted seniors, thanks, in part, to an $850,000 Affordable Housing Program grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded through Trustmark National Bank.

Representatives from the banks were joined today by public officials to celebrate the grand opening of The Pearl.

The Pearl, jointly developed by Gulf Coast Housing Partnership (GCHP) and Pearl Street Community Development Corp., features 76 one- and two-bedroom apartments reserved for residents 55 or older. The community is designed with elements that facilitate aging in place, including a pool, fitness center, community room and an onsite health center.

“Our mission to create affordable housing and build stronger communities across the Gulf Coast is only achievable through our partnerships,” said GCHP President and CEO Kathy Laborde. “The investment from FHLB Dallas and Trustmark National Bank provided essential gap funding for the development of The Pearl, which will have a lasting positive impact on the residents of Jackson.”

AHP funds assist FHLB Dallas members in financing the purchase, construction and rehabilitation of owner-occupied, rental or transitional housing and housing for homeless individuals. The funds must be used to benefit households with incomes at or below 80 percent of the area median income.

“This new senior living facility symbolizes our efforts to provide equitable access to affordable housing,” said Jaime Sisson, vice president, fair and responsible banking – senior CRA manager at Trustmark National Bank. “This facility reinforces our mission of making a positive impact through our Community Reinvestment Act (CRA) program.”

Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas, said Trustmark National Bank is a great example of how FHLB Dallas members can leverage the AHP for their community investment goals.

“The Pearl showcases how member institutions can use AHP grants to meet their community investment objectives like providing seniors with safe and affordable housing. This grant demonstrates our commitment to fostering strong communities across the Gulf Coast region.”

For more information about the AHP, visit fhlb.com/ahp.

About Trustmark National Bank

Trustmark National Bank is a subsidiary of Trustmark Corporation, a financial services company providing banking and financial solutions through offices in Alabama, Florida, Georgia, Mississippi, Tennessee and Texas. Visit trustmark.com for more information.

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 $126.2 billion as of June 30, 2024, 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 our website at fhlb.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240828381156/en/

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com
(214) 441-8445

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Dallas, TX

Dallas weather: Severe storms bring hail and tornado threats | See timing

Published

8 hours ago

March 10, 2026

Press Room

Dallas weather: Severe storms bring hail and tornado threats | See timing

DALLAS – Severe thunderstorms are forecast to return to North Texas late Tuesday, bringing threats of damaging hail, high winds and localized flooding. While the primary concerns are wind and hail, a few tornadoes cannot be ruled out.

Tuesday Forecast

Dallas weather: Mar. 10 morning forecast

We have another chance of severe storms starting Tuesday afternoon. Meteorologist Ali Turiano has your forecast and everything you need to know ahead of the storms.

Scattered showers and storms are expected to develop as a dryline to the west moves into the region. Storm conditions are expected to intensify as the day progresses.

The greatest concerns remain damaging winds and large hail. The leading edge of the storm front will likely be the most intense, with the potential for straight-line winds and brief spin-up tornadoes.

LIVE Radar: Dallas-Fort Worth

Dallas Storms: Timing and Impact

The highest potential for severe weather in the Metroplex is from 2 p.m. to 6 p.m., though lingering activity could continue until 2 a.m. Wednesday. Residents are advised to seek shelter immediately if a warning is issued for their area.

7-Day Forecast

A final round of storms is expected Wednesday, primarily between noon and 7 p.m., according to the National Weather Service. These storms carry a threat of half-dollar-sized hail and damaging winds.

Behind this system, North Texas will dry out and briefly cool off. Sunny skies return Thursday with a high in the mid-60s. Temperatures will then warm into the upper 70s on Friday before a sunny weekend with highs in the low 80s.

The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.

WeatherDallasFort WorthSevere Weather

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Dallas, TX

How a women-led nonprofit is helping South Dallas residents stay in their homes

Published

20 hours ago

March 9, 2026

Press Room

How a women-led nonprofit is helping South Dallas residents stay in their homes – NBC 5 Dallas-Fort Worth

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Dallas, TX

Dallas weather: Storms return this week with large hail and tornado threat

Published

1 day ago

March 9, 2026

Press Room

Dallas weather: Storms return this week with large hail and tornado threat

article

DALLAS – North Texans will enjoy a brief break today before the next weather system arrives, bringing multiple rounds of storms. A warmup is on the way, with temperatures climbing back into the mid-80s by the weekend.

Monday Forecast

Following a few morning showers in the eastern counties, expect a warm and breezy Monday. High temperatures will climb into the low 80s under partly cloudy skies.

Tuesday Forecast

As an upper-level low-pressure system moves to the west, scattered storms will move into the region Tuesday afternoon. Some of these storms could become severe, with the primary threats being large hail, damaging winds and isolated tornadoes.

Simultaneously, storms are expected to develop ahead of a dryline to the west. While the tornado threat remains low in this area, any storms that form could produce large hail and damaging wind gusts.

7-Day Forecast

Those overnight storms should push out to the east by Wednesday morning, but don’t put the umbrella away just yet. As the main weather system moves directly over us Wednesday afternoon, we’ll likely see another round of scattered storms that could still bring with some hail. Once everything finally clears out Wednesday evening, we can look forward to some drier, much more comfortable air moving back into the area.

Thursday will be noticeably cooler, with high temperatures settling in the mid-60s. However, sunshine and a quick warmup are expected by the weekend. Temperatures will rebound into the 80s on Friday and Saturday.

The Source: Information in this article comes from the National Weather Service and FOX 4 forecasters.

WeatherSevere WeatherDallasFort Worth

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