• April 28, 2026
• Bulletin No: 2026-07

The Federal Home Loan Bank of Dallas (Bank) is pleased to announce the Support for Housing Affordability and Availability Resource Enhancement 2026 Advance program (SHARE 2026). SHARE 2026 provides members with access to discounted advances priced at 100 or 200 basis points below the Bank’s posted rates, depending on the term length.

SHARE 2026 Supports:

1. New construction, renovation or the financing of single-family or multifamily affordable housing for households earning 80 percent or less of the area median income where the property is located
2. The purchase of Low-Income Housing Tax Credits (LIHTCs) that support the development or preservation of affordable housing

Up to $250 million in advances will be available from May 4, 2026 through December 31, 2026, or until funds are fully allocated.  

Uses and Advantages

• More favorable rate than traditional advances
• Affordable source of liquidity for funding loans and LIHTCs that support housing affordability and initiatives to increase the overall housing supply
• Flexibility to use fixed‑rate, fixed-term or secured overnight financing rate-based (SOFR) floating-rate advances

Program Guidelines and Terms

• Total program capacity of $250 million in reduced-rate advances will be offered
• Total maximum advances per member will be capped at $40 million
• $50 million in capacity is reserved for members with total assets under $1.541 billion for the first three months of the program
• Advance terms of six months to two years are available
• Advance rate reductions from standard, posted rates
  • Six- to 12-month term: 200 basis points reduction
  • Greater than 12-month and up to 24-month term: 100 basis points reduction
• Rates are subject to the Bank’s Capital Markets Policy and will follow the standard rate pricing procedure
• Advances under this program are subject to compliance with all Bank credit, collateral and capital management policies

Availability of Funds

• Funding requests must be submitted by completing the SHARE 2026 Application via Adobe Sign, available on the SHARE 2026 Advance page
• Funding provided on a first-come, first-served basis
• Members may draw only the amount certified in their original application. Additional funds require a new application supported by new housing units, and previously used units may not be reused