Requirements    

Applicants for an Heirs’ Property Program award must be FHLB Dallas members.

The requirements for the co-applicants are as follows:

The organization must provide organizational documents to support its existence such as a copy of the IRS determination letter or government authorization. The organization must be currently participating in initiatives that help prevent or address heirs’ property issues.

The organization must be located within the Bank’s district of Arkansas, Louisiana, Mississippi, New Mexico or Texas.

Requests for an Heirs’ Property Program award may range up to $100,000 per organization depending on the use of the award, projected outcomes, and experience in addressing heirs’ property issues. 

• For those organizations that have remediated heirs’ property issues, the member may request up to $100,000 per organization. The organization must submit documentation of recent heirs’ property remediation. The documentation should include years of remediation experience, related staff, and their experience in property remediation. The documentation should also include the number of properties by which the organization has cleared titles in the past two years (per year). The organization must quantify the remediation impact to be accomplished with the grant funds. The funds must be expended within a year.
• For those organizations that have provided preventative education and awareness regarding heirs’ property issues, the member may request up to $25,000 per organization. The organization must submit evidence of curriculum or documents used to provide education regarding these issues. The documentation should also include years of heirs’ property education experience, related staff and their experience in this area. The organization must provide documentation on the number of individuals who have completed training on heirs' property financial literacy in the past two years (per year). If applicable, the documentation should also include the number of individuals who have executed a will or a similar deed document within the past two years (per year).  In addition, they must quantify the impact to be accomplished with the grant funds. The funds must be expended within a year.

Each Heirs’ Property Program award recipient will be required to report specific information about how the grant funds were used to fulfill the goals identified in the application. This report will be sent to the recipients within a year after the award. Eligibility for awards in future years will depend on past performance.

Applications for the 2024 Heirs' Property Program will be accepted from September 3, 2024 through September 30, 2024. The completed application and supporting documentation should be emailed from an individual of the member institution to heirs@fhlb.com. Email submissions from the organization will not be accepted.

Each Heirs’ Property Program awardee will be required to report specific information about how the grant funds were used to fulfill the goals identified in the application. This report, once completed, will be sent to FHLB Dallas within a year after the award. Eligibility for awards in future years will depend on past performance.