The Federal Home Loan Bank of Dallas (FHLB) has named an Arkansas community development executive to its advisory council.
Dr. Calvin R. King Sr., the president and CEO of Arkansas Land and Farm Development Corp. (ALCDC), has been appointed to serve on the bank’s Affordable Housing Advisory Council. King is one of two members, in addition to four reappointments, to the council.
Composed of 13 representatives from a five-state region, the advisory council members advise the FHLB board of directors on affordable housing and economic development issues. The representatives, drawn from state, community and nonprofit organizations, are appointed by the FHLB Dallas Board of directors.
“The Advisory Council consists of experienced affordable housing and economic development executives who fulfill a key role in guiding the Federal Home Loan Bank of Dallas on its community investment offerings in our five-state District,” Greg Hettrick, first vice president and director of Community Investment for FHLB Dallas, said in a statement.
King, in addition to serving as CEO and president, is the founder of the Arkansas Land and Farm Development Corp., a nonprofit community development organization that provides a range of services, including community education, housing and farm support services and economic development.
Based in Fargo, the organization is active in 42 counties, according to a FHLB news release.
According to the ALCDC website, the organization provides technical assistance to minority farmers, with an emphasis on alternative crops, as well as helping farmers retain land ownership. ALCDC also offers free produce safety training through the Produce Safety Alliance of Cornell University.