The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the reappointment of Dr. Calvin King to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240125875877/en/

Dr. Calvin King (Photo: Business Wire)

Dr. King brings decades of community development experience to the Advisory Council.

“Working toward affordable, sustainable housing is extremely important to me, and I am excited about our efforts to make homeownership a reality for more Americans,” Dr. King said.

Dr. King is the founder, president and CEO of the Arkansas Land and Farm Development Corporation in Brinkley, Arkansas. The Arkansas nonprofit works with African American farmers to introduce the production of alternative crops that enhance the economic sustainability for minority farmers, as well as affordable housing developments in low-income rural communities. The organization is active in 42 counties.

Dr. King is a MacArthur Fellow and has received numerous state and national recognitions for his work with African American farmers and other small landowners with limited resources.

“We are thrilled to see the reappointment of Dr. King,” said Greg Hettrick, senior vice president and director of Community Investment for FHLB Dallas. “Dr. King has been a valuable resource for the council.”

Dr. King’s three-year term began January 1, 2024.

The Advisory Council is comprised of 13 representatives from state, community and nonprofit organizations in FHLB Dallas’ five-state District. They are appointed by the FHLB Dallas Board of Directors (Board) and advise the Board on affordable housing and economic development issues.

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 $147.6 billion as of September 30, 2023, 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/20240125875877/en/