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Housing Assistance for Veterans Program

Available Funds as of August 18, 2017: $39,822

Housing Assistance for Veterans (HAVEN) funds assist with necessary modifications to homes of U.S. veterans and active-duty personnel, disabled by active military service since September 11, 2001. Necessary home repairs and/or modifications are covered under the grant program. HAVEN funds are available until the funds are exhausted or until December 31, 2017, whichever occurs first. The funds are disbursed on a first-come, first-served, homeowner-by-homeowner basis.

HAVEN Program funds may be used to:

  • Modify an existing home to meet the needs of a U.S. veteran or service member.
  • Offset construction costs of a newly constructed home.
  • Pay for a third-party inspection, up to the lesser of 15 percent of the total modification cost or $500.

    Up to $5,000 will be granted toward the modification of a qualifying property. If the FHLB Dallas member or another lender contributes at least $350 toward financial or other concessions related to the modification, FHLB Dallas will grant up to $7,500 toward the modification.

Housing Assistance for Veterans (HAVEN) Program Requirements

To qualify for the Housing Assistance to Veterans program, households must have an occupant who was disabled as a result of active military service since September 11, 2001, and who received one of the following medals:

  • Afghanistan Campaign
  • Iraq Campaign
  • Global War on Terrorism Expeditionary
  • Global War on Terrorism Service
  • Purple Heart or higher

    Additional HAVEN Program Requirements

  • Households must have a family income of 120 percent or less of the area median income. 
     
  • The veteran or service member may adapt a home that they or a family member plans to purchase and in which they intend to reside.
     
  • The veteran or service member may adapt a home that they or a family member already owns and in which they intend to reside.
  • The FHLB Dallas member will pass on the full amount of the HAVEN funds as a grant to benefit the household for which the HAVEN funds were approved.
     
  • The FHLB Dallas member is required to obtain verification of the completed modification within 60 days of funding if a signed cost estimate was utilized to disburse the funds. If HAVEN funds are used for new construction, evidence of the total construction cost is required.
     
  • Households may not receive any cash back from the modification.
     
  • HAVEN grants are only disbursed within FHLB Dallas' five-state District of Arkansas, Louisiana, Mississippi, New Mexico, and Texas.

     

​Housing Assistance for Veterans (HAVEN) Application Process

FHLB Dallas distributes Housing Assistance for Veterans grants through its members (not directly to consumers) on a first-come, first-served basis until funds are exhausted.

How to Apply

  1. FHLB Dallas members:  Download and read the HAVEN Funding Manual for important information about the program.
  2. Print all application forms from the HAVEN funding manual.
  3. Fill out and sign the application forms.

How to Submit a Request

Submit Housing Assistance for Veterans funding requests via email to ahp@fhlb.com or fax to 214.441.8577.

 

To learn more about the HAVEN program at FHLB Dallas, please contact the Community Investment Department at 800.362.2944.
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