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Affordable Housing Program

Support for Affordable Housing 

Affordable Housing Program (AHP) funds are intended to assist FHLB Dallas members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing, as well as housing for homeless individuals in their community. AHP funds must be used to benefit households with incomes at or below 80 percent of the median income for the area. 

FHLB Dallas Awards $28.4 Million in 2023 AHP Subsidies 

FHLB Dallas awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 affordable housing projects. The subsidies will help create 2,677 new or rehabilitated housing units.

FHLB Dallas Awards $28.4M in Affordable Housing Program Funds

Learn more about the current funding round, broken down by state.

Gap Funding Through AHP

See how the AHP can close the gap in funding for affordable housing developments. New Hope Housing Savoy is a case study in how the AHP can bring affordable housing to neighborhoods in need.

The Affordable Housing Program General Fund can be used for: 

  • Acquisition
  • Down payment and closing costs 
  • The refinance of an existing loan (provided that the equity proceeds are used for the development of AHP-eligible housing) 
  • Rehabilitation or construction costs 
  • Homebuyer education and counseling, if the household purchases an AHP-assisted unit