Disaster Relief Program (DRP)
- About the Program
- How to Apply
- For Nonmembers
- Resources
Disaster Relief Program
Helping Our Neighbors
Program Overview |
FHLB Dallas’ Disaster Relief Program (DRP) provides favorably priced advances (loans) to help members finance recovery efforts in federally declared disaster areas within the FHLB Dallas District. DRP advances may be used to fund construction or renovations to residential or commercial properties or community facilities, as well as the replacement of equipment, inventory or personal property damaged by an eligible natural disaster. DRP advances must benefit households with income sat or below 165 percent of the Area Median Income (AMI) or businesses located in communities in which the average family income is at or below 165 percent of the AMI. Note: Funds may only be accessed through a member institution. FHLB Dallas does not provide direct-to-consumer loans. |
FEMA Disaster Declarations
FHLB Dallas has activated its Disaster Relief Program (DRP in response to the FEMA Disaster Declarations below. Individuals and business owners located within FEMA-declared disaster areas may apply for the funds through FHLB Dallas member financial institutions. Due to the ongoing nature of disasters, subsequent counties may be added. For more detailed program information about the DRP, visit the resources section on this page or contact Member Services at 844.345.2265.
Severe storms, flooding and landslides in New Mexico during the period from June 23, 2025 through August 5, 2025. Dona Ana and Lincoln counties are eligible for assistance. Check the Federal Emergency Management Agency (FEMA) website for potential updates. Advances are available through March 12, 2026.
Damage caused by severe storms, straight-line winds and devastating flooding in Kerr County, Texas, which began on July 2, 2025. Advances are available through January 8, 2026.
Damage caused by tornadoes and severe weather that occurred in Arkansas and Mississippi on March 14 and 15, 2025, as well as storms, severe weather and flooding that occurred in Arkansas during the period from April 2 through April 22, 2025. Advances are available through December 4, 2025.
Benefits for Your Financial Institution
Differentiate your institution by offering fast access to reduced-rate funding when a disaster occurs.
Strengthen customer relationships and loyalty by providing funding to your customers in times of need.
Support community recovery after a natural disaster by helping households and businesses rebuild.
FHLB Dallas Disaster Relief Program (DRP) advances are noncompetitive and priced below our already favorable Community Investment Program (CIP) advance interest rates. Access to funding at such favorable rates enables you to provide loans at cost-effective rates to your customers – when they need them most.
Approved Uses
DRP advances must be used to assist households or businesses that meet the following criteria:
- Households with incomes at or below 165 percent of the area median income
- Businesses located in communities in which the average family income is at or below 165 percent of their area median income
- Businesses that will create or retain jobs and meet at least one of the following criteria:
- At least 51 percent of the project's employees have incomes at or below 165 percent of their area median income
- At least 51 percent of the families who will benefit from the project have incomes at or below 165 percent of their area median income
Terms
DRP advances can be fixed rate or floating rate, amortizing or nonamortizing. Terms range from three months to 40 years and cannot exceed the term of any financing the member makes to the project. If we determine that the DRP advance was improperly used, it may be converted to a comparable market interest rate.
In addition to ensuring household, business or project eligibility for DRP funding, members applying for DRP advances must comply with our Member Products and Credit Policy on SecureConnect.
How To Apply
To be eligible for DRP advances, we require our members to comply with our Member Products and Credit Policy.
A completed Disaster Relief Program Application and supporting documentation may be faxed to 214.441.8514, or emailed to Member Services at member.services@fhlb.com.
Download a copy of the Disaster Relief Program Advance Application
FHLB Dallas provides Disaster Relief Program (DRP) advances through its financial institution members. Homeowners, business owners or representatives of community-based organizations seeking DRP advances must contact a member financial institution to apply for funds. Funds may only be accessed through a member institution. FHLB Dallas does not provide funds directly to consumers.
Please note that in addition to the approved uses and program requirements listed below, members have their own underwriting criteria and lending areas.
