Dallas, TX
FHLB Dallas and Trustmark National Bank Celebrate Opening of Senior Living Facility, Helped by $850K Affordable Housing Program Grant
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
Dallas, TX
TxDOT Dallas Seeks Input on Proposed Widening of FM 740/FM 548
The Texas Department of Transportation Dallas District is preparing for in-personal and virtual public hearings on the proposed widening of FM 740/Fm 548.
TxDOT Dallas posted a reminder about the meetings to its social media page on Thursday afternoon.
The purpose of the hearings are to gather public input and provide more information about the proposed reconstruction and widening of FM 740/FM 548 from I-20 to FM 1641 in Mesquite and Forney within Kaufman County.
According to TxDOT, the proposal includes reconstruction of FM740/Fm 548 from a two-lane rural roadway to a four-lane divided urban roadway with raised medians, curb and gutter, a bridge widening at the Mustang Creek crossing, and a 10-foot-wide shared-use path on both sides of the road for approximately four miles.
The roadway passes through the cities of Mesquite and Forney. The existing right-of-way width ranges from 60 feet (along FM 740) to 150 feet (along FM 548). Where proposed right-of-way is needed, the width is generally 130 feet wide.
That means the proposed project would potentially displace three residential and one non-residential structures. Relocation assistance is available for displaced persons and businesses.
The in-person meeting is scheduled for Thursday, April 16 from 5:30-7:30 p.m. at Forney High School (1800 College Ave.).
The virtual hearing will start at 5:30 p.m. and will consist of a prerecorded video presentation. It will remain online for at least the next 15 days and materials can be viewed at any time during that period.
Anyone without internet access may call 214-320-4431 between 8 a.m.-5 p.m. to ask questions and access project materials during the project development project.
View the project materials online here. The materials will also be available in hard copy form for review at the in-person session.
Dallas, TX
NFL Draft Rumor Reveals 5 Teams Cowboys Can Trade Up With But 1 Isn’t Realistic
The Dallas Cowboys are widely viewed as a team that could make a trade up in the first round of the 2026 NFL Draft, and more specifically, from their No. 12 overall pick.
It’s something Dallas should definitely consider given how badly the team needs impact players on defense. And, with a pair of first-round picks, the Cowboys can make a giant leap up, too.
But which teams would be willing to move back to allow Dallas to grab a player it covets? Well, Sports Illustrated’s Albert Breer has just listed them for us.
Breer is reporting that the teams in the Nos. 3-7 picks are looking to move back for more draft capital. That list includes the Arizona Cardinals, Tennessee Titans, New York Giants, Cleveland Browns and Washington Commanders.
“Teams picking behind the Jets are looking to move down,” Breer revealed. “Count the Cardinals, Titans, Giants, Browns and Commanders among those already looking at trying to drop down in the order to accumulate capital. The problem for those five is finding teams to move up.”
Who could Cowboys move up for?
Breer goes on to note that he believes there are two players who could force a team to strike a deal for one of those five picks: Ohio State linebacker Arvell Reese (or Texas Tech’s David Bailey if the Jets take Reese) and Notre Dame running back Jeremiyah Love.
Of course, Reese is one player the Cowboys would likely move up for if given the opportunity, but it would take a gigantic and costly leap. Assuming Dallas would have to move all the way up to No. 3, which is very likely, that move would cost Dallas two first-round picks and then some.
The “and then some” part might sound crazy, but if we’re going off the NFL Draft Trade Value Chart, Dallas’ two first-round picks are worth 2,050 points and Arizona’s No. 3 pick is worth 2,200 points. On top of closing that gap, the Cowboys might have to pay even more to convince a rebuilding team to move down that far.
We just don’t see all that happening, especially when you consider the Cowboys don’t have a second-round pick and might not be able to keep their third-rounder because of this trade.
Cowboys’ trade-up starting point is No. 4
There is a sizeable 400-point difference between the No. 3 and No. 4 picks, so the latter is the most realistic starting point for the Cowboys when it comes to a trade up.
We would probably rule out a trade up with the New York Giants and Washington Commanders because of the whole division rival thing, so cancel out Nos. 5 and 7 as possibilities. That leaves us with Nos. 4 (Titans) and No. 6 (Browns).
Dallas could swing a deal with the Titans that would still give up their first-round picks but the Cowboys can get back the No. 4 selection (1,800 points) and the No. 66 pick (third round, 260 points).
In that scenario, at least the Cowboys get something back beyond the pick they’re moving up for, and more importantly it’s a second Day 2 pick that Dallas doesn’t currently own. Having a pair of third-round picks will also give the Cowboys a chance to move back up into Round 2.
We’re also intrigued by a trade with the Browns because Dallas can get Cleveland’s No. 6 pick and its early second-round pick for its two first-rounders in a trade that is just a 50-point advantage for Cleveland. That would put the Cowboys in the second round.
Now, we need to talk about who the Cowboys would be trading up for in those spots. If Reese or Bailey are available at No. 4, we are making the move up. Styles is another possibility at four, but we would feel more comfortable with him at six. Unfortunately, the Ohio State product doesn’t have a good chance to still be available in that spot.
If the Cowboys can’t get their hands on one of those three players, we would not anticipate them trading up for someone else, but never say never in the NFL Draft.
Dallas, TX
Dallas Mavericks’ Top 3 Priorities During 2026 NBA Offseason
Whether it’s with one of their two first-round picks, via trade or in free agency, the Mavs have to add someone who can lighten Cooper Flagg’s offensive workload. He spent way more time on-ball than expected, and while his self-creation around the basket is impressive, he’ll be best served on a roster that can tap into more of his play-finishing.
Counting on Kyrie Irving isn’t good enough. He is 34 and working his way back from an ACL injury. Dallas needs a short- and long-term alternative.
Addressing the issue in the draft would be ideal, if only because an inbound rookie fits the Flagg window. But that route depends on where the Mavs land in the lottery. They could jump up to AJ Dybantsa or Darryn Peterson territory, end up in range of Darius Acuff Jr. or Kingston Flemings or miss out on all four.
Free agency probably doesn’t hold the answer. Dallas will most likely wind up operating over the cap and have the non-taxpayer’s mid-level exception ($15 million). That doesn’t get you in the door for Austin Reaves, while contingencies like Collin Sexton and Ayo Dosunmu aren’t Plan A material.
Coby White could be interesting if he leaves Charlotte. Otherwise, trade targets who won’t fetch the moon should be the Mavs’ jam: Cam Spencer, Tre Jones, T.J. McConnell, Ty Jerome, Dejounte Murray, etc. If the new front office wants to swing higher, but not too high, Ryan Rollins and Tyler Herro are worth keeping on the radar.
-
Atlanta, GA1 week ago1 teenage girl killed, another injured in shooting at Piedmont Park, police say
-
Georgia7 days agoGeorgia House Special Runoff Election 2026 Live Results
-
Arkansas4 days agoArkansas TV meteorologist Melinda Mayo retires after nearly four decades on air
-
Pennsylvania1 week agoParents charged after toddler injured by wolf at Pennsylvania zoo
-
Milwaukee, WI1 week agoPotawatomi Casino Hotel evacuated after fire breaks out in rooftop HVAC system
-
Austin, TX6 days agoABC Kite Fest Returns to Austin for Annual Celebration – Austin Today
-
World1 week agoZelenskyy warns US-Iran war could divert critical aid from Ukraine
-
World1 week agoIndonesia receives bodies of peacekeepers killed in southern Lebanon