• June 12, 2025
• Bulletin No: 2025-15

The Federal Home Loan Bank of Dallas (Bank) is pleased to announce that it will add $5 million to the previously allocated $17 million in HELP funds due to member demand and rising house prices.

The Bank initially allocated $17 million for 2025 to HELP, an increase from $15.5 million last year, but three-fourths of the grant funds have already been depleted.

HELP is available to members to assist first-time homebuyers with down payment and closing cost expenses, with grants of up to $20,000 per applicant in Arkansas, Louisiana and Mississippi, and grants up to $25,000 per homebuyer in New Mexico and Texas.

FHLB Dallas members may begin accessing funds on the following dates:

• $2.5 million on July 1, 2025
• $4.25 million on August 1, 2025 (The remainder of the original 2025 allocation)
• $2.5 million on October 1, 2025

The member cap will remain at $850,000 for 2025 with up to half of the cap available for out-of-District properties.

Members that wish to participate in HELP must complete a one-time enrollment application and subsidy agreement. Please email ahp@fhlb.com for the AdobeSign application. Funds are disbursed to your institution once an application is approved and your homebuyer has or is preparing to close.

Please see the HELP webpage for detailed information on member requirements and how the program works or call Community Investment at 800.362.2944 to get your questions answered.

Sincerely,

Sanjay K. Bhasin
President and Chief Executive Officer