$2M Grant from FHLB Dallas and Texas Capital Supports Affordable Housing in Fort Worth, Texas

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FORT WORTH, Texas--(BUSINESS WIRE)--Oct 15, 2025--

A transformative $2 million Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), awarded through member Texas Capital to Presbyterian Night Shelter is helping bring Journey Home Housing at Crowley Road—a new permanent supportive housing community for individuals facing chronic homelessness in Tarrant County, Texas—to life. The development was celebrated today by local leaders and advocates during a grand opening event.

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Presbyterian Night Shelter received a $2 million AHP grant from FHLB Dallas through Texas Capital for Journey Home Housing at Crowley Road, a 96-unit housing development in Fort Worth, Texas, for chronically homeless individuals.

“Journey Home at Crowley Road will assist individuals by providing not just a roof over their heads, but the comprehensive services they need to rebuild their lives,” said Toby Owen, CEO of the Presbyterian Night Shelter. “This facility represents a critical step forward in our mission to end chronic homelessness in Tarrant County.”

The development consists of 96 one-bedroom units located in 24 quadruplexes to provide permanent, supportive housing to individuals who have experienced chronic homelessness for at least a year or repeated episodes without housing while also struggling with a disabling condition such as mental illness, a substance abuse disorder or a physical disability. Residents will receive support services designed to build independent living skills including case management, alcohol/substance abuse treatment and education, mental health referrals, literacy training, employability assessments and financial literacy.

“This grant reflects our deep commitment to strengthening communities across Texas,” said Jennifer Baggs Kamacioglu, Fort Worth Middle Market Leader and Market President with Texas Capital. “We are proud to support Presbyterian Night Shelter and the vital work they do to provide stability and hope for individuals in crisis. The AHP grant is a powerful tool in helping us fulfill that mission.”

The grant was part of $78.9 million in AHP grants that FHLB Dallas awarded last year. It will announce 2025 awards later this month.

“We’re proud to collaborate with Texas Capital to bring meaningful change to communities through the AHP,” Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. “Through the Affordable Housing Program, we’re able to channel critical funding into initiatives that provide stability, dignity and long-term solutions for individuals experiencing chronic homelessness.”

About Texas Capital Bancshares, Inc.

Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank (“TCB”). Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly-owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities. All services are subject to applicable laws, regulations and service terms. Deposit and lending products and services are offered by TCB. For deposit products, member FDIC. For more information, please visit www.texascapital.com.

About Presbyterian Night Shelter

Since 1984, Presbyterian Night Shelter of Tarrant County has been a dedicated force in addressing homelessness in Fort Worth and Tarrant County. Our mission is to guide the journey from homeless to home by tackling housing insecurity on three essential fronts—shelter, housing, and employment. We provide services to approximately 90% of the homeless population in Tarrant County, offering support to men, women, families with children, veterans, and individuals with severe mental health conditions. More than immediate shelter, we are committed to breaking the cycle of chronic homelessness by creating pathways to affordable housing and sustainable employment, empowering individuals and families to rebuild their lives and achieve lasting stability. To learn more, visit www.journeyhome.org.

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 $116.1 billion as of June 30, 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.

View source version on businesswire.com:https://www.businesswire.com/news/home/20251015334299/en/

CONTACT: Corporate Communications

Federal Home Loan Bank of Dallas

fhlb.com, (214) 441-8445

KEYWORD: TEXAS UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CONSULTING BANKING CONSTRUCTION & PROPERTY PROFESSIONAL SERVICES PHILANTHROPY OTHER PHILANTHROPY ASSET MANAGEMENT FUND RAISING FOUNDATION OTHER CONSTRUCTION & PROPERTY FINANCE

SOURCE: Federal Home Loan Bank of Dallas

Copyright Business Wire 2025.

PUB: 10/15/2025 03:44 PM/DISC: 10/15/2025 03:44 PM

http://www.businesswire.com/news/home/20251015334299/en

 

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