Renewal Ranch Receives $750K from BancorpSouth and FHLB Dallas

CONWAY, Ark.--(BUSINESS WIRE)--BancorpSouth Bank, a division of Cadence Bank (NYSE: CADE), and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $750,000 Affordable Housing Program (AHP) subsidy to Renewal Ranch to help build a $1.9 million residential facility on its campus. Renewal Ranch is a faith-based residential addiction recovery program for men ages 21 and older located on 116 acres near Conway, Arkansas. “Men in our second phase of recovery are transitioning back out into so