updated 6/3/2011 1:18:45 PM ET 2011-06-03T17:18:45

MENA, Ark., June 3, 2011 (GLOBE NEWSWIRE) -- Please join Ouachita Seniors and Retirees, Inc. on Monday, June 6, 2011, for the official ribbon cutting for The Oaks, an assisted living facility for low-income seniors in Mena, Arkansas.

Ouachita Seniors and Retirees, Inc. will be joined by local, state, and congressional officials to celebrate the completion of the project, which is more than 10 years in the making.

Officials from the Federal Home Loan Bank of Dallas (FHLB Dallas), which awarded a $100,000 Affordable Housing Program (AHP) grant to the project, will also be in attendance at the event.

Representatives of Ouachita Seniors and Retirees and FHLB Dallas will be available for interviews before and after the event. Lunch will be served at noon, followed by the ribbon cutting and program at 1 p.m. A tour of the facility will follow.

WHEN: 12:00 p.m., Monday, June 6, 2011 
   
WHO:   Richard Black, President, Ouachita Seniors and Retirees, Inc.
  The Honorable Mike Ross, Arkansas's Fourth Congressional District
  Arkansas Senator Larry Teague, Arkansas Senate District 20
  Mayor George McKee, Mayor of Mena 
  Elizabeth Small, CEO of PDC Companies
  Mike Lambert, Government & Industry Liaison, FHLB Dallas
  Herb Sanderson, Retired Director, Office of Aging and Adult Services
  Robert Jenkens, Vice President, NCB Capital Impact
  Mac Dodson, President, Arkansas Development Finance Authority
  Mike Shepard, Owner and CEO, The Shepard Group
   
WHERE:   The Oaks
  1341 Mena Street
  Mena, Arkansas 

The Federal Home Loan Bank of Dallas logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=3013

CONTACT: Corporate Communications
         Federal Home Loan Bank of Dallas
         www.fhlb.com
         (214) 441-8445

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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