MidSouth Bank awarded a $7,000 grant to Campti homeowner Cora Coldiron to make safety repairs to the structure of her home.
The funding was made available through the Federal Home Loan Bank (FHLB) of Dallas’ SNAP program.
Coldiron was able to repair and replace damaged floors, windows and doors.
“I look forward to working with FHLB on an annual basis in obtaining grant funding to assist homeowners with making structural repairs to their homes,” said MidSouth Bank Community Outreach Development Specialist LaCarsha Babers. “Although funds run out quickly, our goal is to assist as many households as we possibly can.”
Eligible expenditures under the program include repair/replacement of a leaking roof; replacement of sheetrock due to rotten, molded or damaged walls; and repairs or installation of a wheel chair ramp and/or modifications to make to the home handicap accessible.
SNAP is not a home improvement program; rather, it is a grant for home repairs, rehabilitation and modifications. Home rehabilitation or modification projects must be structurally necessary, or made for the safety of the special needs resident.
Although funds for 2018 have been exhausted, MidSouth Bank expects to have funding available again in 2019.
About MidSouth Bancorp, Inc.
MidSouth Bancorp, Inc. is a bank holding company headquartered in Lafayette, Louisiana, with assets of $1.9 billion as of December 31, 2017. MidSouth Bancorp, Inc. trades on the NYSE under the symbol “MSL.” Through its wholly owned subsidiary, MidSouth Bank, N.A., MidSouth offers a full range of banking services to commercial and retail customers in Louisiana and Texas. MidSouth Bank currently has 48 locations in Louisiana and Texas and is connected to a worldwide ATM network that provides customers with access to more than 55,000 surcharge-free ATMs. Additional corporate information is available at MidSouthBank.com.