/news-archive/tag/simmons-bank/ 糖心Vlog传媒 Little Rock Wed, 21 Aug 2019 14:22:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 /news-archive/2019/08/21/university-district-receives-24000-matching-grant-to-boost-affordable-housing-program/ Wed, 21 Aug 2019 14:22:23 +0000 /news/?p=74906 ... University District receives $24,000 matching grant to boost affordable housing program]]> 糖心Vlog传媒 Little Rock-based University District Development Corporation has received a $24,000 matching grant from the Federal Home Loan Bank (FHLB) of Dallas and four local members: , , , and . These funds will be used to help University District鈥檚 mission of providing affordable housing to the neighborhoods surrounding the University of Arkansas at Little Rock.听 鈥淭he Partnership Grant Program gives certain flexibility to organizations. It allows us to partner with member banks and apply those funds to impact the community,鈥� said Barrett Allen, executive director of University District. 鈥淚 think it is something that is needed, and I鈥檓 thankful for the program. We have worked with the local banks in the past on several other issues, and we thank them for supporting us.鈥� FHLB Dallas is a member-owned cooperative that supports housing and community investment by providing competitively priced loans and other credit products to approximately 820 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico, and Texas. Through FHLB Dallas鈥檚 Partnership Grant Program (PGP), member institutions provide grants to local nonprofit organizations, which FHLB Dallas matches at a 3:1 ratio up to $12,000 per member and $24,000 per year in grant money that is distributed through a lottery system. In 2019, FHLB Dallas awarded $300,000 in PGP funds that was combined with $142,500 contributed by 25 FHLB Dallas members for a total of $442,500 to the organizations. 鈥淭he Partnership Grant Program is intended to strengthen the relationship between our members and the communities they serve,鈥� said Melanie Dill, community and economic development manager at FHLB Dallas. 鈥淥ur 3:1 match enables our members to provide additional support for community-based organizations.鈥� University District will receive a total of $24,000 in PGP funds from FHLB Dallas and four members: Bank OZK, First Security Bank, Arvest Bank, and Simmons Bank.听 Martie North, director of community development/Community Reinvestment Act at Simmons Bank, said that Simmons feels it鈥檚 important to invest in the communities they serve.听 鈥淎ffordable housing is the cornerstone for strong and vibrant communities. The University District Development Corporation (UDDC) works hard every day to provide quality housing that is affordable and attractive within the University District,鈥� North said. 鈥淚nvesting in the communities in which we operate, work, and play is a priority of Simmons Bank. The FHLB Partnership Grant provides us with a wonderful opportunity to financially support organizations like the UDDC in their efforts to strengthen our communities. We believe in the work the UDDC is doing and value our partnership. The local banks have served as community partners to help the University District in its mission to provide quality, affordable housing within the University District neighborhoods. 鈥淣eighborhood revitalization is critical to communities. It improves quality of life for families and individuals, makes home ownership possible, contributes to the appeal of the city and gives hope, among other benefits,鈥� said Jim Cargill, president and CEO of Arvest Bank in central, northeast, and southwest Arkansas. 鈥淥ur associates work every day in support of this mission, and we applaud the results the UDDC has achieved here in Little Rock.鈥� The grant funds will be used to boost University District鈥檚 affordable housing programs, which began in 2009. The University District purchases homes to rehabilitate and lots to build new homes. These homes are then sold to those needing affordable housing within University District. The need-based First-Time Homebuyer Program provides first-time homebuyers up to $20,000 for down payment and closing costs to purchase a home constructed or renovated by University District.听 The First Time Homebuyer Program is financed through the City of Little Rock with funds from the U. S. Department of Housing and Urban Development (HUD) HOME Program. UDDC is now creating a plan and implementation strategy to rehabilitate, build, and sell new single family market rate homes. Buyers will be able to use conventional mortgage loan financing options to purchase a home and not be concerned about program restrictions that accompany the first-time homebuyer program. The organization is also discussing a single family rental program. 鈥淭his is the third time we鈥檝e been selected in the lottery, and we are going to utilize the funds to support our affordable housing programs,鈥� Allen said. 鈥淲e believe that anyone making a prevailing wage should be able to live in University District at an affordable price, and we work with all the neighborhood associations who make up University District to make this a reality. These funds will help to support and shore up our acquisition of properties and to build up our reserves so we can work with banks to go after larger lines of credit.鈥� According to Barrett, University District鈥檚 goal is to complete 10-12 houses a year, either through renovation and resale of older homes or new construction on lots within University District neighborhoods.]]> /news-archive/2019/02/27/cob-golf-tournament/ Wed, 27 Feb 2019 22:52:32 +0000 /news/?p=73578 ... 糖心Vlog传媒 Little Rock College of Business Golf Tournament set for June 17]]> The University of Arkansas at Little Rock鈥檚 8th annual College of Business Golf Tournament will take place Monday, June 17, at Pleasant Valley Country Club in Little Rock. The tournament, presented by Simmons Bank, will feature morning and afternoon flights, a silent auction, high-end participant gifts and breakfast, lunch, and dinner for all players. Flight times will be 8 a.m. and 1:30 p.m. Proceeds will benefit the 糖心Vlog传媒 Little Rock College of Business. Last year鈥檚 tournament grossed more than $105,000. Teams can register online. The registration deadline is June 1. Sponsorship information is available by contacting Sarah Miller at 501-569-3208 or smmiller2@ualr.edu.  ]]> /news-archive/2018/07/05/college-business-golf-tourney/ Thu, 05 Jul 2018 13:12:04 +0000 /news/?p=71043 ... College of Business Golf Tourney raises $105,000 for student signature experiences]]> The University of Arkansas at Little Rock College of Business raised more than $105,000 at its seventh annual golf tournament, presented by , held June 11 at .听 鈥淭his tournament is something we look forward to year after year,鈥� said Dr. Jane Wayland, Stephen Harrow Smith Dean of Business. 鈥淪immons Bank was the presenting sponsor for the first time, and we are very grateful to them and to each and every sponsor, player, donor, and volunteer who all make this event a success.鈥� The funds raised from this year鈥檚 event will be used to create signature experiences for students in the College of Business. In 2017, 糖心Vlog传媒 Little Rock Chancellor Andrew Rogerson announced the Signature Experience program to provide students with grants so they can participate in a one-semester signature experience, such as a research project, creative activity, or community service project, that will enrich their academic experience. Seventy-nine 糖心Vlog传媒 Little Rock students were selected as the inaugural recipients of the Undergraduate Research Signature Experience Awards for the spring 2018 semester. 鈥淥ur students have proven they can compete on the regional, national, and international stage,鈥� Wayland said. 鈥�Over the past six years, our students have placed and won in competitions in promotion, sales, data analytics, finance, management, and information systems. Proceeds from the tournament will allow more students to participate in these signature experiences.鈥� The eighth annual College of Business Golf Tournament has been set for June 17, 2019, also at Pleasant Valley Country Club. Forty-nine teams participated in the tournament that featured morning and afternoon flights, a silent auction, high-end participant gifts, and breakfast, lunch and dinner for all players. Nike pullovers, sponsored by , and Titleist ProV1 golf balls, sponsored by , were among the gifts given to each player at the tournament. Liquor and beer were provided by and . was the official water sponsor for the golfers while supplied Gatorade and soft drinks. Morning flight participants enjoyed breakfast. Lunch featured 鈥淏en E. Keith secret recipe鈥� barbecued chicken, which proved to be a crowd favorite again this year along with hamburgers, hot dogs, and bratwursts grilled by and . The dinner menu, sponsored by , included meatballs, barbecue sausage, cheese dip, fresh vegetables, and fruit trays. The Golf Committee, comprised of alumni and friends of the College of Business, sponsored a raffle for two Yeti coolers filled with craft beer donated by . For more information on the tournament or to support the College of Business, please contact Dean Wayland at 501-569-3356 or jpwayland@ualr.edu. In the upper right photo (L to R),聽Ellon Cockrill, Beth Mason, Sharon Vogelpohl, and Margaret Ellibee compete at the College of Business Golf Tournament. Photo by Nelson Chenault.]]> /news-archive/2018/03/07/cob-golf/ Wed, 07 Mar 2018 23:11:08 +0000 /news/?p=69716 ... 糖心Vlog传媒 Little Rock College of Business Golf Tournament set for June 11]]> The tournament, presented by Simmons Bank, will feature morning and afternoon flights, a silent auction, high-end participant gifts and breakfast, lunch, and dinner for all players. Flight times will be 8:30 a.m. and 1:30 p.m. Proceeds will fund Student Signature Experience scholarships, given to students who are actively engaged in creative work or research with faculty to connect and enrich their academic lives. Last year鈥檚 event grossed more than $115,000. Teams can register online. The registration deadline is June 1. Sponsorship information is available by contacting Sheena Elam at 501-569-3208 or smelam@ualr.edu.]]>