the Federal Home Loan Bank of Dallas

Mother Realizes Dream of Owning Daycare Center with the Help of a Small Business Loan

Retrieved on: 
Friday, March 18, 2022
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Small Business, Other Construction & Property, Other Professional Services, Residential Building & Real Estate, Housing, Federal Home Loan Bank Board, Hurricane Katrina, Congress, Sale, Multimedia, SBB, Small Business Administration, CEO, Small business, Travel, Neighbourly (community investment platform), Federal Home Loan Banks, Historic Grand Hotels on the Mississippi Gulf Coast, FHLB, Economic development, Bank, Tutoring, Real estate, Management, Renaissance, Renaissance Community Loan Fund, the Federal Home Loan Bank of Dallas, RENAISSANCE COMMUNITY LOAN FUND, THE FEDERAL HOME LOAN BANK OF DALLAS

(Photo: Business Wire)

Key Points: 
  • (Photo: Business Wire)
    SBB is offered by FHLB Dallas through member financial institutions such as RCLF to provide financing for qualified small business transactions by filling the gap between the loan amount that an FHLB Dallas member institution can fund and the loan request made by an eligible small business.
  • SBB loans are unsecured and subordinate to the primary loan made by the member financial institution.
  • In Ms. Walshs case, her $381,300 RCLF loan was supplemented with $100,000 in SBB funds from FHLB Dallas, along with a Small Business Administration micro loan, to make the purchase of McComb Learning Center in McComb, Mississippi, possible.
  • This feature is designed to help a small business build critical cash flow during the first year of the loan.

Two Port Arthur Homeowners Receive Hurricane Recovery Help

Retrieved on: 
Thursday, February 24, 2022
Professional Services, Philanthropy, Residential Building & Real Estate, Other Philanthropy, Finance, Construction & Property, Banking, Federal Home Loan Bank Board, Pacific typhoon season, Insurance, Partnership, Rehabilitation, Hancock Whitney, Â, DRA, Moral, AHP, Housing, Multimedia, Commitment, Integrity, Gulf Coast of the United States, Neighbourly (community investment platform), Federal Home Loan Banks, Small business, Congress, Water damage, Hurricane Harvey, FHLB, Time, Management, Property insurance, Real estate, Teamwork, Hancock Whitney, the Federal Home Loan Bank of Dallas, HANCOCK WHITNEY, THE FEDERAL HOME LOAN BANK OF DALLAS

Two homeowners whose properties were damaged by Hurricane Harvey received checks today from Hancock Whitney and the Federal Home Loan Bank of Dallas (FHLB Dallas) to help fund repairs needed due to water damage.

Key Points: 
  • Two homeowners whose properties were damaged by Hurricane Harvey received checks today from Hancock Whitney and the Federal Home Loan Bank of Dallas (FHLB Dallas) to help fund repairs needed due to water damage.
  • The subsidy covered a wide variety of home repairs and renovations for the homeowners related to water damage from the hurricane, including subfloor and frame structure repairs, plus new baseboards, drywall and flooring.
  • Mary Stagg said her floors suffered extensive damage due to flooding in the aftermath of Hurricane Harvey.
  • We appreciate our partnership with FHLB Dallas in providing these funds to help these homeowners who have lived with the storms devastation for so long, she said.

Banks Award $750K to Help Build Residential Facility for Recovery Program

Retrieved on: 
Wednesday, February 23, 2022
Other Philanthropy, Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Philanthropy, Residential Building & Real Estate, Federal Home Loan Banks, Income, Workplace, Rehabilitation, CADE, Cadence Bank, Addiction, BancorpSouth, Trust, Man, Culture, AHP, Equal housing lender, Organization, NYSE, FDIC, Housing, Multimedia, SBA, Life, Neighbourly (community investment platform), Treasury, Congress, Respect, FHLB, Renewable energy, Bank, Other Philanthropy, Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Philanthropy, Residential Building & Real Estate, Cadence Bank, the Federal Home Loan Bank of Dallas, CADENCE BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

Renewal Ranch is a faith-based residential addiction recovery program for men ages 21 and older located on 116 acres near Conway, Arkansas.

Key Points: 
  • Renewal Ranch is a faith-based residential addiction recovery program for men ages 21 and older located on 116 acres near Conway, Arkansas.
  • We are very humbled and grateful to have received this $750,000 award allowing us to fight drug addiction in our community even harder.
  • We are thankful to partner with FHLB Dallas to help construct this facility for Conway-area men in need.
  • The subsidies will help create 2,113 new or rehabilitated housing units, including $1.5 million for 102 units in Arkansas.

New Shelter Opening in New Orleans Helped by $750K from Fifth District Savings Bank and FHLB Dallas

Retrieved on: 
Friday, February 18, 2022
Family, Finance, Consumer, Banking, Residential Building & Real Estate, Commercial Building & Real Estate, Professional Services, Construction & Property, Other Philanthropy, Philanthropy, Fund Raising, Other Consumer, Foundation, Women, Federal Home Loan Banks, National Trust Community Investment Corporation, Income, CEO, Housing, FHLB, Rehabilitation, Camp Street Theatre, Federal Home Loan Bank Board, Congress, Ozanam, Association, Poydras Street, Woman, Population, Partnership, Multimedia, AHP, Real estate, Hotel, Nightclub, Online gambling, Fifth District School, Fifth District Savings Bank, the Federal Home Loan Bank of Dallas, FIFTH DISTRICT SAVINGS BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

Fifth District Savings Bank (Fifth District) and the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Ozanam Inn on Thursday to celebrate the grand opening of its new homeless shelter serving the New Orleans, Louisiana, area.

Key Points: 
  • Fifth District Savings Bank (Fifth District) and the Federal Home Loan Bank of Dallas (FHLB Dallas) joined Ozanam Inn on Thursday to celebrate the grand opening of its new homeless shelter serving the New Orleans, Louisiana, area.
  • The AHP funds offset cost of the retrofit, said Rene Blanche, deputy director/director of development for Ozanam Inn.
  • Funding from FHLB Dallas and Fifth District played a key role in closing a funding gap to make this day possible, Ms. Blanche said.
  • The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932.

Searcy Housing Receives $750K to Rebuild 60 Units for Low-Income Families

Retrieved on: 
Friday, February 11, 2022
Other Professional Services, Construction & Property, Finance, Banking, Professional Services, Urban Planning, Other Construction & Property, Residential Building & Real Estate, Federal Home Loan Banks, National Trust Community Investment Corporation, FDIC, Income, Corporate social responsibility, Home BancShares, Housing, FHLB, Rehabilitation, Equal housing lender, Congress, AMI, Multimedia, Searcy House, AHP, Organization, Property management, Renewable energy, Bank, Program, Centennial Bank, the Federal Home Loan Bank of Dallas, CENTENNIAL BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

Centennial Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $750,000 Affordable Housing Program (AHP) subsidy to Searcy Housing Authority (Searcy Housing) to demolish 28 outdated homes and rebuild 60 modernized affordable housing rental units in The South Grove project.

Key Points: 
  • Centennial Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded a $750,000 Affordable Housing Program (AHP) subsidy to Searcy Housing Authority (Searcy Housing) to demolish 28 outdated homes and rebuild 60 modernized affordable housing rental units in The South Grove project.
  • View the full release here: https://www.businesswire.com/news/home/20220211005570/en/
    FHLB Dallas joined Centennial Bank to award Searcy Housing Authority a $750K Affordable Housing Program subsidy to construct 60 rental units for low-income families in Searcy, Arkansas.
  • (Photo: Business Wire)
    Searcy Housing provides affordable housing for eligible families to promote self-sufficiency and economic independence to residents.
  • The AHP funding is helping to modernize the houses and provide up-to-date development, said David Gates, executive director of Searcy Housing.

Building Blocks Awarded $750K from Home Bank and FHLB Dallas

Retrieved on: 
Friday, February 11, 2022
Banking, Professional Services, Philanthropy, Consumer, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Fund Raising, Foundation, Urban Planning, Seniors, Finance, Federal Home Loan Banks, Neighbourly (community investment platform), Income, National Credit Union Administration v. First National Bank & Trust Co., Trust, Saint Bernard, CEO, Dentist, Liberty Bank, Housing, CDC, FHLB, Commercial bank, GED, Rehabilitation, Building block, North Shore, Congress, Bank, Empowerment, Black Box (Brown Eyed Girls album), Home Bank, Multimedia, Liberty, Program, AHP, Block, Home Building & Loan Ass'n v. Blaisdell, Real estate, Management, Renewable energy, Home Bank, the Federal Home Loan Bank of Dallas, HOME BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $750,000 Affordable Housing Program (AHP) subsidy to Building Blocks to help build an $18.6 million affordable apartment complex called The Liberty at St. Bernard in New Orleans, Louisiana.

Key Points: 
  • Home Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) awarded a $750,000 Affordable Housing Program (AHP) subsidy to Building Blocks to help build an $18.6 million affordable apartment complex called The Liberty at St. Bernard in New Orleans, Louisiana.
  • (Photo: Business Wire)
    Liberty Bank and Trust Co.s (Liberty Bank) nonprofit development arm, Liberty Bank Community Development Corp. (Liberty Bank CDC), will partner with Minneapolis, Minnesota-based nonprofit Building Blocks to build the apartments, said Jaimm Collins, general counsel and senior vice president of strategic initiatives at Liberty Bank, which donated the property.
  • Building Blocks is nationally recognized for urban revitalization, and Liberty Bank CDC has respected local ties, so supporting their combined effort was a win-win, he said.
  • Between 1990 and 2021, FHLB Dallas has awarded $344.6 million in AHP and Homeownership Set-Aside Programs and has assisted nearly 60,000 households.

Ohkay Owingeh Housing Authority Awarded $300K for Down Payment Assistance

Retrieved on: 
Thursday, January 27, 2022
Other Consumer, Construction & Property, Banking, Native American, Professional Services, Philanthropy, Consumer, Other Philanthropy, Residential Building & Real Estate, AHP, Rehabilitation, History, Bank, Congress, Century Bank, Federal Home Loan Banks, National Trust Community Investment Corporation, FHLB, Multimedia, Time, Housing, Income, Drug, Insurance, Renewable energy, Program, Century Bank, the Federal Home Loan Bank of Dallas, CENTURY BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

Century Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have partnered to award Ohkay Owingeh Housing Authority (OOHA) a $300,000 Affordable Housing Program (AHP) subsidy to help fund a down payment assistance program for tribal members of the Ohkay Owingeh reservation for 30 new construction homes in northern New Mexico.

Key Points: 
  • Century Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have partnered to award Ohkay Owingeh Housing Authority (OOHA) a $300,000 Affordable Housing Program (AHP) subsidy to help fund a down payment assistance program for tribal members of the Ohkay Owingeh reservation for 30 new construction homes in northern New Mexico.
  • View the full release here: https://www.businesswire.com/news/home/20220127006019/en/
    Ohkay Owingeh Housing Authority received a $300,000 AHP subsidy from Century Bank and FHLB Dallas to create a down payment assistance program for 30 new homes in Ohkay Owingeh, New Mexico.
  • (Photo: Business Wire)
    OOHA was established in 1997 by the Ohkay Owingeh Tribal Council to provide housing services for the tribal members living on the Ohkay Owingeh reservation.
  • The Affordable Housing Program is the best tool to achieve OOHAs goal of offering affordable housing to its tribal members, said Mr. Szabat.

Renewal Ranch Receives $750K from BancorpSouth and FHLB Dallas

Retrieved on: 
Thursday, January 20, 2022
Residential Building & Real Estate, Banking, Construction & Property, Professional Services, Health, Philanthropy, Other Philanthropy, Men, Mental Health, Consumer, Finance, Income, Cadence Bank, AHP, Treasury, Man, Rehabilitation, FDIC, SBA, NYSE, Neighbourly (community investment platform), Workplace, Federal Home Loan Banks, CADE, Housing, Culture, Program, Sexual abuse, Mitchell–Lama Housing Program, Equal housing lender, Congress, Multimedia, Respect, FHLB, Trust, BancorpSouth, Renewable energy, Drug, Bank, Central Arkansas, Cadence Bank, the Federal Home Loan Bank of Dallas, CADENCE BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

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.

Key Points: 
  • 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.
  • View the full release here: https://www.businesswire.com/news/home/20220120006001/en/
    BancorpSouth Bank and FHLB Dallas awarded a $750,000 Affordable Housing Program subsidy to Renewal Ranch to help build a $1.9 million residential facility on its campus.
  • We are honored to use the AHP funding to help Renewal Ranch expand its residential housing, Ms. Davis said.
  • Between 1990 and 2021, FHLB Dallas has awarded $344.6 million in AHP and Homeownership Set-Aside Programs and has assisted nearly 60,000 households.

10 Homeowners Awarded Funding for Critical Home Repairs

Retrieved on: 
Monday, January 3, 2022
Professional Services, Philanthropy, Residential Building & Real Estate, Other Philanthropy, Finance, Construction & Property, Banking, Congress, CRA, Person, National Trust Community Investment Corporation, Water, Federal Home Loan Bank Board, Multimedia, Program, Hurricane Harvey, National, Housing, Federal Home Loan Banks, FHLB, Rehabilitation, SNAP, Real estate, Bank, Woodforest National Bank, Woodforest National Bank, the Federal Home Loan Bank of Dallas, WOODFOREST NATIONAL BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

View the full release here: https://www.businesswire.com/news/home/20220103005241/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220103005241/en/
    Woodforest National Bank and FHLB Dallas partnered to award more than $49,000 in SNAP funding including $5,945 to this Beaumont, Texas, homeowner.
  • Weve seen first-hand how it has made a positive difference in the lives of these 10 homeowners.
  • Since the programs 2009 inception, nearly $20.5 million in funding has been awarded across FHLB Dallas five-state District.
  • Woodforest made a big impact in its first year to award SNAP funding, and we are thrilled to have them using this program.

New Orleans Homeless Shelter Receives $750K for Retrofit

Retrieved on: 
Monday, December 27, 2021
Other Philanthropy, Commercial Building & Real Estate, Construction & Property, Banking, Professional Services, Philanthropy, Fund Raising, Foundation, Vincent de Paul, Organization, Association, Rehabilitation, Income, AHP, Mitchell–Lama Housing Program, CEO, Federal Home Loan Bank Board, Multimedia, Inn, Congress, Fifth, Camp Street Theatre, FHLB, Housing, National Trust Community Investment Corporation, Â, Woman, Case management, Poydras Street, Federal Home Loan Banks, Weldon Humble, Real estate, Program, Fifth District School, Fifth District Savings Bank, the Federal Home Loan Bank of Dallas, FIFTH DISTRICT SAVINGS BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

The AHP funds will offset cost of the retrofit, said Rene Blanche, deputy director/director of development for Ozanam Inn.

Key Points: 
  • The AHP funds will offset cost of the retrofit, said Rene Blanche, deputy director/director of development for Ozanam Inn.
  • The renovations are mostly complete and included adding a commercial kitchen, showers to the second floor and new plumbing.
  • We are humbled and honored by this funding and the faith put in us by FHLB Dallas and Fifth District.
  • Our goal is to support the New Orleans area by offering a variety of quality financial products with service that exceeds our customers' expectations.