Ceremonial check presentations marked $271,000 in grants awarded to DFW nonprofits by FHL.B Dallas and its member institutions, supporting affordable housing, workforce development, and entrepreneur education. [Photo: FHLB]
The Federal Home Loan Bank of Dallas and six member banks awarded the grants through the 2025 Partnership Grant Program. Nonprofits can apply for the next round in spring 2026.
“We have options for homeowners and renters through our programs, which provide very low- to moderate-income residents, older residents. and people with disabilities access to affordable housing,” says FHLB Dallas President and CEO Sanjay Bhasin.
Oak Lawn Place will provide "high-quality affordable rental housing" for residents 55 and over, with "a further goal of creating a supportive environment for members of the LGBTQ community and individuals affected by HIV in Dallas," Resource Center has said.
The $20.5 million project, developed by the Resource Center of Dallas and Volunteers of America, will provide LGBTQ older adults (62+) with affordable rental housing. An artist's rendering by architecture firm Perkins & Will shows the current concept for the apartments that will be located near Maple Avenue and Mockingbird Lane in Dallas.
Defense tech firm Shield AI said it completed a live drone swarm exercise in Taiwan in which three Taiwanese-built drones flew a coordinated search mission under its Hivemind AI software instead of human pilots....
Dallas-based Stream Data Centers has named Nikki Kresse its chief human resources officer. She is joining an executive bench that has been evolving since Apollo funds took majority control of the hyperscale developer in August 2025....
Richardson-based Mavenir has hired a longtime Nokia executive to lead its expansion into a fast-growing corner of the cloud computing market known as neocloud. Neocloud is industry shorthand for providers that sell access to graphics processing units, or GPUs, built for AI and other high-performance workloads as a service....
Defense tech firm Shield AI said it completed a live drone swarm exercise in Taiwan in which three Taiwanese-built drones flew a coordinated search mission under its Hivemind AI software instead of human pilots....
Dallas-based Stream Data Centers has named Nikki Kresse its chief human resources officer. She is joining an executive bench that has been evolving since Apollo funds took majority control of the hyperscale developer in August 2025....
Richardson-based Mavenir has hired a longtime Nokia executive to lead its expansion into a fast-growing corner of the cloud computing market known as neocloud. Neocloud is industry shorthand for providers that sell access to graphics processing units, or GPUs, built for AI and other high-performance workloads as a service....