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Federal Home Loan Bank of Dallas meets $60M landmark in affordable housing loans
October 23, 2026
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ClaudeThe Federal Home Loan Bank of Dallas has awarded close to $60 million in Affordable Housing Program grants for 37 projects. These projects are located across Texas, Mexico, Arkansas, Louisiana and Mississippi, according ot a press release.
These funds will be used to build or renovate 3,109 housing units. The bank regularly returns 10% of its profits for AHP grants, along with 5% for community investment programs. The grants were sent through 18 member institutions.
"Access to quality, affordable housing strengthens communities and creates opportunities for families to thrive," Sanjay Bhasin, president and CEO, FHLB, said in the release. "Working alongside our members and community partners, we are investing in housing developments that will strengthen neighborhoods and help meet critical housing needs."
The grants were available in individual amounts of up to $1.75 million.
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