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.
Advertisement
“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.”
Advertisement
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
Advertisement
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
At the upcoming Mecum Dallas 2024 auction, a rare gem will take center stage: the 1933 Auburn 12-165 Salon Speedster. This exceptional vehicle, one of only 14 ever produced, is expected to draw significant attention from collectors and enthusiasts alike. The Speedster, finished in striking red with a black interior, boasts an original Lycoming 391 CI V-12 engine, generating 160 horsepower.
The Auburn 12-165 Salon Speedster is celebrated not only for its limited production but also for its unique history. It remains one of only five known to exist, with a notable past of meticulous preservation. The vehicle has been in the Kelsey family for over 58 years, following its purchase by Paul Kelsey in October 1966. The car’s odometer reads a modest 20,433 miles, reflecting its well-preserved state.
The Speedster’s storied history includes a fascinating, though unverifiable, association with Hollywood legend Clark Gable. While this connection remains speculative, it adds an intriguing layer to the car’s provenance. The vehicle’s history is documented with correspondence from the Auburn factory dating back to 1937, and it has been featured in the ACD Newsletter issues of March 1967 and June 1968.
This Auburn 12-165 Salon Speedster stands out for its pristine condition, having undergone only one repaint in the 1960s. It features a classic 3-speed manual transmission, dual downdraft carburetors, and chrome knock-off wire wheels, enhancing its vintage appeal. With its combination of rarity, historical significance, and original parts, this Speedster is set to be a highlight of the Dallas auction.
For collectors and enthusiasts seeking a piece of automotive history, the 1933 Auburn 12-165 Salon Speedster represents a rare opportunity to own a meticulously preserved classic.
Sign up for the Motorious Newsletter. For the latest news, follow us on Facebook, Twitter, and Instagram.
The 53-man roster deadline has officially passed, meaning it’s time for the Dallas Cowboys to put together a practice squad.
Who could end up in this year’s group? Some of the team’s notable 2024 roster cuts include running back Malik Davis, defensive tackle Justin Rogers and offensive tackle Josh Ball. To join NFL practice squads, a few younger players must clear waivers first.
Here’s a look at the players who could end up on Dallas’ practice squad:
Advertisement
– According to NFL insider Aaron Wilson, the Cowboys are planning to sign linebacker Brock Mogensen to the practice squad.
Cowboys
Be the smartest Cowboys fan. Get the latest news.
– The Cowboys worked out veteran running back Dalvin Cook on Tuesday. If he were to sign in Dallas, it would be to the practice squad.
– Defensive end Carl Lawson was a surprise cut Tuesday. If he signs to the practice squad, it’s good to have a veteran waiting to play, The Dallas Morning News’ Calvin Watkins wrote.
Advertisement
Cowboys 53-man roster analysis: What stands out in Dallas’ initial list ahead of Week 1?
Other moves
– The Cowboys traded tight end Peyton Hendershot to the Kansas City Chiefs just before the cut deadline. Dallas will receive a conditional seventh-round draft pick for Hendershot, rather than leave him available for a team to potentially claim for free had he been waived.
– Offensive tackle Nathan Thomas, a 2024 seventh-round pick, was placed on the reserve/injured list.
– Cornerback DaRon Bland was placed on the reserve/injured-designated to return after sustaining a stress fracture in his foot. He is currently projected to be out six to eight weeks.
– The Cowboys officially signed nose tackle Linval Joseph.
– CeeDee Lamb was placed on the reserve/commissioner exempt. He recently agreed to a new extension with the team. Once Chuma Edoga is placed on IR, Lamb will get moved to the active roster.
Advertisement
Dallas Cowboys training camp central: Latest news, preseason schedule and more
Newly-paid CeeDee Lamb makes joyful Cowboys return with Week 1 guarantee: ‘I’ll be ready’
Find more Cowboys coverage from The Dallas Morning News here.
FRISCO — The Dallas Cowboys returned from their training camp in Oxnard, Calif. to host two open practices.
Advertisement
CBS Sports anchor Bill Jones and Isaiah Stanback will host Tuesday’s Cowboys Night with a live broadcast from 6 p.m. to 7 p.m. on TXA 21 and CBSTexas.com.
CBS News Texas
Live
Advertisement
CBS Texas Staff
The CBS Texas team is a group of experienced journalists who bring you the content on CBSTexas.com.