Brinkley businessman, farmer reappointed to Federal Home Loan Bank’s regional housing advisory board
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The Federal Home Loan Bank of Dallas recently reappointed Dr. Calvin King of Brinkley to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council).
The FHLB Advisory Council is comprised of 13 representatives from state, community and nonprofit organizations in FHLB Dallas’ five-state district, including Arkansas, Louisiana, Mississippi, New Mexico and Texas. Each council member is appointed by the FHLB Dallas Board of Directors (Board) and advises the federal board on affordable housing and economic development issues.
Dr. King brings decades of community development experience to the regional council. His three-year term began Jan. 1, 2024. He 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.
“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.
“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.”
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, 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 and the four other states.
