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Member Bulletin

  • December 06, 2023
  • Bulletin No: 2023-33

Bank Announces Recipients of $28.4 Million in Affordable Housing Program Subsidies

The Federal Home Loan Bank of Dallas (Bank) awarded $28.4 million in Affordable Housing Program (AHP) General Fund subsidies to 43 affordable housing projects through 24 members. The subsidies will create 2,677 new or rehabilitated housing units.

The AHP General Fund is the Bank’s competitive housing subsidy program. AHP subsidies are available up to $850,000 and may be used to purchase, build or rehabilitate owner-occupied and rental housing that serves income-qualified households. AHP subsidies are awarded once a year through the Bank’s member institutions with an application period in the spring and the announcement of awards in the fall.

Visit our Community Programs page for more information on our community investment offerings. A complete list of members and organizations that received AHP funding in 2023 is available here
 
Detailed information about the members and organizations that received funding in 2023 can be found at fhlb.com/ahp.
 
For questions regarding the AHP General Fund for 2024, please contact Community Investment at 800.362.2944.

Congratulations to all members that were awarded AHP funds for the 2023 funding period. We currently anticipate having more than $70 million in AHP funds to award in 2024. Please check our website for upcoming AHP workshops and webinars, where the Bank will show members how to apply for AHP funds to support affordable housing in the communities you serve.

Sincerely,

Sanjay K. Bhasin
President and Chief Executive Officer