Articles from Federal Home Loan Bank of Dallas

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of Bobby Wilkinson, executive director of the Texas Department of Housing and Community Affairs (TDHCA), to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council).

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Hancock Whitney Bank will award $75,000 in Heirs’ Property Program grants to Desire Community Housing Corporation, Divine Touch Community Development Center and Louisiana Appleseed. The Heirs’ Property Program funds will be used in part to help educate homebuyers regarding heirs’ issues and legal services.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of Daniel Boggs to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council), representing the state of Mississippi.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of tribal housing veteran Isaac Perez to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council).

The Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Woodforest National Bank®, awarded a $100,000 Heirs’ Property Program grant to the Mexican American Unity Council (MAUC) in San Antonio, Texas. The funds will be used to ensure vulnerable communities are protected from displacement.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of three new members to its Affordable Housing Advisory Council (Advisory Council) and two reappointments.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Woodforest National Bank® will award $100,000 in Heirs’ Property Program grants to the Mexican American Unity Council (MAUC) during a ceremonial check presentation on Tuesday, January 28. Funds will be used to assist families with legal fees for title issues and ensure that vulnerable communities are protected from displacement.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Bonvenu Bank will award $25,000 in Heirs’ Property Program grants to the BRidge Agency and EnvisioNBR during a ceremonial check presentation Thursday, January 23. The funds will give the organizations the ability to provide education and awareness about executing wills, deeds and property financial literacy.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and First Security Bank awarded $30,000 in Partnership Grant Program (PGP) funding to the Conway Ministry Center to assist the nonprofit organization with its efforts to reduce homelessness.

The Federal Home Loan Bank of Dallas (FHLB Dallas), Origin Bank and Century Next Bank awarded $60,000 in Partnership Grant Program (PGP) funding to Zion Traveler Community Development Corporation (Zion CDC) to assist the nonprofit with expenses including rental, utility and food assistance for families dealing with chronic poverty.

Join representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and First Security Bank as they award $30,000 in grants to the Conway Ministry Center in Conway, Arkansas. The grant will be used to cover a portion of the salary of a shelter manager for The Refuge – Arkansas’ first emergency housing program for families with children and people with disabilities or medical needs. The Refuge will provide emergency housing with wraparound case management services, life skills classes, medical and behavioral healthcare, child tutoring and job placement.

Join representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and First Security Bank as they award $30,000 in grants to the Conway Ministry Center in Conway, Arkansas. The grant will be used to cover a portion of the salary of a shelter manager for The Refuge – Arkansas’ first emergency housing program for families with children and people with disabilities or medical needs. The Refuge will provide emergency housing with wraparound case management services, life skills classes, medical and behavioral healthcare, child tutoring and job placement.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Origin Bank and Century Next Bank will award a $60,000 grant to Zion Traveler Community Development Inc.

A homeowner in New Orleans, Louisiana, is the proud owner of a storm-resistant roof thanks to a $14,653 grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), awarded through its member Gulf Coast Bank & Trust.

In response to the challenges faced by small businesses impacted by flooding and wildfires in New Mexico, the Federal Home Loan Bank of Dallas (FHLB Dallas) is offering $1 million in grants through the Small Business Recovery Grant (SBRG) program to support recovery efforts in affected counties.

The Federal Home Loan Bank of Dallas (FHLB Dallas), along with Community 1st Bank, provided $9,000 in Partnership Grant Program (PGP) funding to the Las Vegas Arts Council to promote economic and artistic development in Las Vegas, New Mexico.

The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $2 million in Heirs’ Property Program grants to assist 33 organizations in Arkansas, Mississippi, Louisiana and Texas to help prevent or remediate heirs’ property issues.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Stellar Bank will award $85,000 in grants to three Houston-based nonprofits: the Community Development Corporation of Freedmens Town ($30,000), Houston Real Estate Association CDC (HREACDC) ($30,000) and Credit Coalition ($25,000).

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and eight of its members awarded $283,000 in grants to eight nonprofits in DFW. The awards were part of more than $1.2 million awarded to community groups through the Partnership Grant Program (PGP) and were celebrated during an event today at FHLB Dallas.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Centinel Bank of Taos awarded $30,000 in Partnership Grant Program (PGP) funding to the Taos Housing Partnership to promote economic development in Taos, New Mexico. The grants are part of $1.2 million in PGP grants FHLB Dallas and participating members awarded in 2024.

The Federal Home Loan Bank of Dallas (FHLB Dallas) has provided a $250,000 charitable donation to Community Foundation of Southern New Mexico to assist with recovery from flooding in Roswell, New Mexico.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Veritex Community Bank to award $12,500 in Partnership Grant Program (PGP) funding to Credit Coalition and $21,000 to the Houston Land Bank Fund to help promote economic development in Houston, Texas. The funds are part of $1.2 million in PGP funds FHLB Dallas and participating members awarded to 47 community organizations in 2024.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Centinel Bank of Taos will award a $30,000 grant to Taos Housing Partnership.

The Federal Home Loan Bank of Dallas (FHLB Dallas), along with eight of its member financial institutions, will award $283,000 in 2024 Partnership Grant Program (PGP) funding to eight Dallas-Fort Worth-area nonprofits during a check presentation and media event on Thursday, November 21.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Veritex Community Bank will award $33,500 in grants to two Houston-based nonprofits: Credit Coalition ($12,500) and Houston Land Bank Fund ($21,000).

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Community Bank of Mississippi were joined by State Representative Otis Anthony, District 31, as they awarded $30,000 in grants to three Mississippi-based nonprofits – the Coalition of African American Communities ($3,000), the Corporation for Global Community Development ($21,000) and Delta Grace, Inc. ($6,000).

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and the Community Bank of Mississippi will be joined by State Representative Otis Anthony, District 31, as they award $30,000 in grants to three Mississippi-based nonprofits – the Coalition of African American Communities ($3,000), Corporation for Global Community Development ($21,000) and Delta Grace, Inc. ($6,000).

Retired Army E-4 Specialist Danielle Costly is feeling safe and secure in her home with the help of a $20,000 Housing Assistance for Veterans (HAVEN) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Gulf Coast Bank & Trust. Ms. Costly used the funds to replace old windows and a sliding glass door.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that it has awarded $78.9 million in Affordable Housing Program (AHP) grants to 41 projects in its five-state District of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The grants, part of nearly $100 million in funding for the AHP grants and three homeownership grant programs, will result in the creation or rehabilitation of 3,571 housing units.

The Federal Home Loan Bank of Dallas (Bank) today reported net income of $184.4 million for the quarter ended September 30, 2024. In comparison, for the quarters ended June 30, 2024 and September 30, 2023, the Bank reported net income of $187.3 million and $247.7 million, respectively. For the nine months ended September 30, 2024, the Bank reported net income of $552.3 million, as compared to $662.0 million for the nine months ended September 30, 2023.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Frost Bank, awarded $1.5 million in Affordable Housing Program (AHP) grants to Mobile Loaves & Fishes, a Christian social outreach ministry in Austin, Texas. The grants helped fund the first two phases of Community First! Village –– a multi-phase development to provide affordable, permanent housing for the chronically homeless in Austin, Texas. On Thursday, representatives from FHLB Dallas and others toured the newest phase of the development.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Austin Bank, awarded a $150,000 Native American Housing Opportunities (NAHO) Fund grant to Alabama-Coushatta Indian Housing Authority (ACIHA) today during a ceremonial check celebration. The funds are part of $1 million in funding that FHLB Dallas awarded to Native American tribes or tribal housing authorities this year.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Austin Bank will award $150,000 in Native American Housing Opportunities (NAHO) Fund grants to the Alabama-Coushatta Tribe of Texas Housing Authority at Tuesday, October 15, event at the tribe’s cultural center in Livingston, Texas.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas), Del Norte Credit Union, Wells Fargo and Southwest Capital Bank awarded $550,000 in Native American Housing Opportunities (NAHO) Fund grants to four New Mexico-based tribal housing organizations. FHLB Dallas introduced the NAHO Fund this year to address the housing needs of federally recognized tribes and tribally designated housing entities (TDHEs) by providing grants up to $50,000 to $150,000 per application.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Prospera Housing Community Services (Prospera) and the Weslaco Chamber of Commerce today to celebrate the grand opening of Weslaco Village Apartments. The project was helped by a $750,000 Affordable Housing Program grant, awarded by FHLB Dallas through its member Wells Fargo.

The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded $1 million in funding to seven tribally designated housing entities (TDHEs) through its Native American Housing Opportunities (NAHO) Fund. FHLB Dallas introduced the NAHO Fund this year to address the housing needs of federally recognized tribes and TDHEs through grants of $50,000 to $150,000 per application.

A Small Business Boost (SBB) loan from Arkansas Federal Credit Union (AFCU) and the Federal Home Loan Bank of Dallas (FHLB Dallas) helped fund the opening of a premium doggie daycare in North Little Rock, Arkansas.

More than $1.2 million in funding was awarded to 47 community-based organizations by the Federal Home Loan Bank of Dallas (FHLB Dallas) and 41 member institutions. FHLB Dallas members provided $224,914 in funding, and FHLB Dallas contributed another $1 million in match-funding through its annual Partnership Grant Program (PGP).

In response to the growing demand for small business funding, the Federal Home Loan Bank of Dallas (FHLB Dallas) is expanding its successful Small Business Boost (SBB) program by adding $1.27 million in funds, bringing the total available funding in 2024 to $4.27 million.

Dallas has a new LGBTQIA+-friendly, affordable apartment complex, thanks in part to a $750,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), awarded through its member, Veritex Community Bank. Today, officials celebrated the grand opening of the Oak Lawn Place apartments.

Jackson, Mississippi, has a new, $28 million affordable apartment community that serves income-restricted seniors, thanks, in part, to an $850,000 Affordable Housing Program grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded through Trustmark National Bank.

Representatives of the Federal Home Loan Bank of Dallas (FHLB Dallas) will join dignitaries in a ceremonial ribbon cutting event to celebrate the grand opening of The Pearl at 9:00 a.m., Wednesday, August 28, 2024, in Jackson, Mississippi.

Almost $3.4 million in funding was awarded to 14 nondepository community development financial institutions (CDFIs) through the Federal Home Loan Bank of Dallas (FHLB Dallas) Capacity Building and Growth Grant (CBGG) program. The funding is designed to help increase CDFIs’ ability to fulfill their critical role in supporting affordable housing, small businesses and economic development in underserved communities. These awards were made either to FHLB Dallas member institutions or through them to nonmember institutions.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that more than $2.8 million was awarded via four Affordable Housing Program (AHP) grants in U.S. Representative Troy Carter’s district to increase the supply of affordable housing stock for individuals and families in need.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that an Affordable Housing Program (AHP) grant has been awarded in U.S. Representative Mike Ezell’s district. The funds will be used for a 30-unit affordable housing development located at the site of the former Beverly Drive-In Theater in Hattiesburg, Mississippi.

The Federal Home Loan Bank of Dallas (FHLB Dallas) awarded Immerse Arkansas a $225,000 Affordable Housing Program (AHP) grant through FHLB Dallas member Arvest Bank to build a homeless shelter for young adults in Little Rock, Arkansas. Public officials gathered today to celebrate the shelter’s grand opening.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that three Affordable Housing Program (AHP) grants totaling $2.5 million have been awarded in U.S. Representative Lloyd Doggett’s district.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce that an Affordable Housing Program (AHP) grant has been awarded in U.S. Representative Bennie Thompson’s district that will enable the Mississippi Regional Housing Authority No. VI to rehabilitate a vacant property into a vibrant affordable housing community.

A $510,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Texas Capital, will help fund a 34-efficiency unit affordable housing development for veterans in Waco, Texas. Congressional and state-elected leaders and local dignitaries gathered last week for a ground-breaking ceremony of the development at the Doris Miller VA Center (VA campus).

The Federal Home Loan Bank of Dallas (FHLB Dallas) has launched the Community Advancement through New Opportunities and Partnerships Yielding Results (CANOPY) Fund, a loan fund aimed at supporting affordable housing and economic development initiatives.

South Delta Animal Rescue received a $15,000 donation from the Bank of Anguilla today during a ceremonial check presentation of CARE funds that were awarded by the Federal Home Loan Bank of Dallas (FHLB Dallas).

The Federal Home Loan Bank of Dallas (Bank) today reported net income of $187.3 million for the quarter ended June 30, 2024. In comparison, for the quarters ended March 31, 2024 and June 30, 2023, the Bank reported net income of $180.6 million and $239.6 million, respectively. For the six months ended June 30, 2024, the Bank reported net income of $367.9 million, as compared to $414.3 million for the six months ended June 30, 2023.

A homeowner in Batesville, Arkansas, is the proud owner of a storm-resistant roof thanks to a $14,750 grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), awarded through its member Simmons Bank.

Representatives of the Federal Home Loan Bank of Dallas (FHLB Dallas) will join officials from the Bank of Anguilla to donate $15,000 to South Delta Animal Rescue during a ceremonial check presentation at 1:30 p.m., Monday, July 29.

With a new roof over her head, 72-year-old Dankie Paynes is enjoying her home once again.

The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to award $2 million in Affordable Housing Program grants in U.S. Representative French Hill’s district to increase the supply of affordable housing stock for individuals and families in need.

As a plastic surgeon’s assistant, Lakesia Williams witnessed many life-changing transformations. Thanks to a Federal Home Loan Bank of Dallas (FHLB Dallas) grant that supports first-time homebuyers, she experienced one herself. An $18,000 Homebuyer Equity Leverage Partnership (HELP) grant from FHLB Dallas provided through ANECA Federal Credit Union (ANECA) helped Ms. Williams buy the Shreveport, Louisiana, home she had been renting for three years.

The University District Development Corp. (UDDC) received a $15,000 donation from Arvest Bank today during a ceremonial check presentation of CARE Award funds that were awarded through the Federal Home Loan Bank of Dallas (FHLB Dallas).

Federal Housing Finance Agency (FHFA) Director Sandra Thompson joined officials from the Federal Home Loan Bank of Dallas (FHLB Dallas) today to tour Oak Lawn Place, a new affordable housing development in Dallas, Texas, that received a $750,000 FHLB Dallas Affordable Housing Program (AHP) grant.

Representatives of the Federal Home Loan Bank of Dallas (FHLB Dallas) will join officials from Arvest Bank to award a $15,000 donation to the University Development District Corp. (UDDC) during a ceremonial check presentation on Wednesday, June 26.

Federal Housing Finance Agency (FHFA) Director Sandra Thompson will join officials from the Federal Home Loan Bank of Dallas (FHLB Dallas) to tour Oak Lawn Place, a new affordable housing development serving the aging LGBTQIA+ population in Dallas, Texas. FHLB Dallas, through member Veritex Bank, awarded the project a $750,000 Affordable Housing Program (AHP) grant.

A $65,000 Small Business Boost (SBB) loan from the Federal Home Loan Bank of Dallas (FHLB Dallas), through FHLB Dallas member BankPlus, helped a Mississippi couple complete the purchase of a clothing boutique and hire two part-time employees.

An $850,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Texas Capital, will help fund a 60-unit multifamily affordable housing development designed for victims of abuse and homelessness in Austin, Texas.

Federal Housing Finance Agency (FHFA) Director Sandra Thompson will join officials from the Federal Home Loan Bank of Dallas (FHLB Dallas) to tour Oak Lawn Place, a new affordable housing development serving the aging LGBTQIA+ population in Dallas, Texas. FHLB Dallas, through member Veritex Bank, awarded the project a $750,000 Affordable Housing Program (AHP) grant.

The Federal Home Loan Bank of Dallas (FHLB Dallas) has launched a $1 million fund to support affordable housing on tribal lands in its District of Arkansas, Louisiana, Mississippi, New Mexico and Texas.

The Federal Home Loan Bank of Dallas (FHLB Dallas) has made available $99.4 million in grants this year through its Affordable Housing Program (AHP) and AHP homeownership programs. View the $100 Million in AHP video to see the impact of the programs.

The Federal Home Loan Bank of Dallas (FHLB Dallas), a $125.1 billion cooperatively owned wholesale bank in Irving, Texas, is pleased to announce the release of its highly anticipated 2023 Affordable Housing Advisory Council (AHAC) Annual Report. This comprehensive report highlights FHLB Dallas' commitment to financing the affordable housing and community investment initiatives of member financial institutions in its five-state region.

The Federal Home Loan Bank of Dallas (Bank) today reported net income of $180.6 million for the quarter ended March 31, 2024. In comparison, for the quarters ended December 31, 2023 and March 31, 2023, the Bank reported net income of $212.4 million and $174.7 million, respectively.

The Federal Home Loan Bank of Dallas (FHLB Dallas) recognized two member financial institutions for their commitment to community investment by naming them 2024 Community Area Revitalization Efforts (CARE) Award recipients. Bank of Anguilla in Anguilla, Mississippi, and Arvest Bank, headquartered in Bentonville, Arkansas, were honored today during FHLB Dallas’ annual member conference.

Prospera Housing Community Services (Prospera) was awarded an $850,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) through its member Wells Fargo, to help fund the renovation of Rio Manor Apartments, a 60-unit multifamily apartment community in Del Rio, Texas.

Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Rio Rancho, New Mexico, dignitaries joined CC Housing, a subsidiary of Catholic Charities last week for the groundbreaking ceremony for Felician Villa Apartments, a senior housing complex in Rio Rancho. FHLB Dallas awarded a $750,000 Affordable Housing Program (AHP) grant through member Wells Fargo to CC Housing to assist with construction.

The Federal Home Loan Bank of Dallas (FHLB Dallas) will join Wells Fargo Bank (Wells Fargo) at a groundbreaking ceremony for a 60-unit affordable apartment complex in Del Rio, Texas, on Friday. The project received an $850,000 Affordable Housing Program (AHP) grant from FHLB Dallas.

The Federal Home Loan Bank of Dallas (FHLB Dallas) will join Wells Fargo Bank (Wells Fargo) tomorrow at a groundbreaking ceremony for Felician Village II, a three-story, 66-unit housing development for those 55 and older. FHLB Dallas awarded the project a $1.5 million in Affordable Housing Program (AHP) grant to be used for construction.

This year, the Federal Home Loan Bank of Dallas (FHLB Dallas) is offering $79.4 million in grants through its Affordable Housing Program (AHP) General Fund – more than $50 million than was allocated in 2023.

The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded a $75,000 Heirs’ Property Program grant to Project Build a Future (PBAF). The funds, which were awarded through FHLB Dallas member First Federal Bank of Louisiana, will be used to help locals clear heirship or title issues on their properties and secure a will.