This kickoff webinar in January is designed to provide our member institutions and valued housing partners with pertinent updates on the FHLBNY’s community investment products (i.e. View source version on businesswire.Community Investment Programs Webinar (This event has passed) For more information, visit our website at. FHLB Dallas, with total assets of $62.6 billion as of March 31, 2022, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932.

For more information about Home Bank, visit About the Federal Home Loan Bank of Dallas We live our values each day, focusing on integrity, innovation and a commitment to serving others. Personal banking has always been Home Bank’s trademark and that tradition continues as we grow, invest and serve our clients and community. With 43 locations across South Louisiana, Western Mississippi and Southeast Texas, Home Bank is committed to serving the needs of our communities. Martin and Jeff Davis Parishes, as well as Adams, Fort Bend, Galveston and Harris Counties. Through the years, we've expanded to serve markets in South Louisiana, Mississippi and Texas: Acadiana, Baton Rouge, New Orleans, the Northshore of Lake Pontchartrain, St. Home Bank, N.A., founded in 1908 as Home Building & Loan, is the oldest financial institution founded in Lafayette Parish. 'We commend Home Bank for that commitment.'įor more information about the AHP, visit /ahp. 'Home Bank’s use of the AHP over the course of many years has made a sizable impact on the access to affordable housing in the communities it serves,' Mr. Greg Hettrick, first vice president and director of Community Investment at FHLB Dallas, said Home Bank is a strong proponent of affordable housing. The subsidies will help create 2,113 new or rehabilitated housing units, including $3 million for 323 units in Louisiana.īetween 19, FHLB Dallas awarded $344.6 million in AHP and Homeownership Set-Aside Programs and assisted nearly 60,000 households. In 2021, FHLB Dallas awarded $18.5 million in subsidies to 26 affordable housing projects. The funds must be used to benefit households with incomes at or below 80 percent of the median income for the area. 'It’s a win-win for the community in that they’ll preserve history while also providing much-needed affordable housing.'ĪHP funds are intended to assist FHLB Dallas members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing, and housing for homeless individuals. 'I can’t wait to see what they accomplish with Franklin Foundation Hospital,' Mr. Kelvin Luster, Home Bank senior vice president and community development director, said the restoration of a historically significant property adds interest to the project. 'Senior housing provides financial freedom for one of society’s vulnerable populations and supports independence and security that far too many families simply can't achieve on their own income, without a helping hand.' 'The AHP provides important initial funding to move this project forward,' said Marseah Delatte, managing member of New Orleans Restoration Properties. It will be renovated under Enterprise Green Communities’ national green building program of sustainable and healthy building practices for the affordable housing sector. Once complete, the property will have 60 rental units for older adults. New Orleans Restoration Properties will honor the building’s mid-century design in its renovation and said the property will be eligible for the National Register of Historic Places. The interior hasn’t been altered since the hospital closed more than 10 years ago and includes original details such as hardwood floors and wainscotting.

It occupies 7.5 acres on a large, tree-shaded block. The vacant hospital property was built in the early 1950s and was expanded in 1966 and again in 1985.

Fhlb ahp decision