FOR IMMEDIATE RELEASE

Contact:

Corporate Communications
Federal Home Loan Bank of Dallas
www.fhlb.com
(214) 441-8445

FHLBank of Dallas Appoints 2008 Advisory Council Members

DALLAS, TEXAS, January 2, 2008– The Federal Home Loan Bank of Dallas (Bank) today announced the appointment of Cassie Hicks, Mark Allison and James Hargrove as new members of the Bank’s Advisory Council. Darryl Swinton has been reappointed as a member of the Advisory Council.  Other members include L. Lee Jones, Carrie Curet, Phillip Eide, Dianne Bolen, Mary Ann Chavez, Jay Czar, Jane Provo, Shari Flynn and Judy Loden.

The Advisory Council is comprised of 14 representatives from state, community and nonprofit organizations who advise the Bank’s Board of Directors on affordable housing and economic development issues. The new three-year appointment terms begin January 1, 2008.

New Appointed Members

• Ms. Hicks is coordinator of housing initiatives for the University of Southern Mississippi’s Institute for Disability Studies, where she works with the institute’s six housing initiatives to help advance home ownership rates in Mississippi. Ms. Hicks also is a member of the BancorpSouth Community Advisory Board, Hattiesburg Women’s Forum and the United Way Funds Distribution Committee.
  
  
• Mr. Allison is executive director of the Supportive Housing Coalition of New Mexico, where he oversees an array of supportive housing projects for the affordable housing development organization. Prior to his position with the Supportive Housing Coalition, Mr. Allison was deputy director of St. Martin’s Hospitality Center in Albuquerque, New Mexico. Mr. Allison also serves as chairman of the New Mexico Housing Advisory Committee. He previously served as president of the Albuquerque Affordable Housing Coalition, and on the board of the Albuquerque Alliance to End Homelessness.
  
  
• Mr. Hargrove is president and CEO of the Housing Authority of the City of Austin, which administers two Department of Housing and Urban Development contracts – a Section 8 Housing Assistance Payment program, and the creation of a nonprofit subsidiary, Southwest Housing Compliance Corp. Mr. Hargrove also serves as secretary of the Austin Community College Foundation Board. He is past president of the Texas Chapter of the National Association of Housing and Redevelopment Officials. Prior to his work in the public housing sector, Mr. Hargrove spent 20 years in the U.S. Marine Corps.

Reappointed Member

• Mr. Swinton is director of housing for Black Community Developers Programs Inc., which develops quality housing and promotes home ownership and economic growth among low-income, underserved Arkansas residents. In addition to being reappointed to the Advisory Council for a second term, Mr. Swinton also serves on the Little Rock (Arkansas) Community Housing Advisory Board, the Arkansas Land Bank Advisory Committee, and he is chairman of the Public Policy Commission for the Arkansas Coalition of Housing & Neighborhood Empowerment.

The Federal Home Loan Bank of Dallas is one of 12 district banks in the FHLBank System created by Congress in 1932.  The Bank, with total assets of $58.9 billion as of September 30, 2007, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to more than 900 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit the Bank’s website at fhlb.com.

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