• July 08, 2025
• Bulletin No: 2025-19

The Federal Home Loan Bank of Dallas (Bank) has activated its Disaster Relief Program (DRP) in response to the damage caused by severe storms, straight-line winds and devastating flooding in Kerr County, which began on July 2, 2025 and is continuing. In addition to DRP advances, the Bank’s Disaster Rebuilding Assistance (DRA) grant program will also be available starting September 2, 2025.

Under the DRP:

• Subsidized advances are available to members to assist individuals and families whose homes or businesses were damaged or destroyed by a federally declared disaster event 
• Funds are priced below the Bank’s regular Community Investment Program rates 
• The advances are available July 8, 2025 through January 8, 2026 
• Income eligibility limits are expanded to 165 percent of the area median income
• Advance terms range from three months to 40 years
• Get more information about the DRP on the Bank’s website or contact Member Services at 844.FHL.BANK (844.345.2265)

Under the DRA:

• Grants are available to low- and very low-income households for the repair, rehabilitation or reconstruction of affected owner-occupied housing in federally declared disaster areas that are not covered by insurance or other funding sources
• The Bank will make $2 million in DRA grants available beginning September 2, 2025
• Get more information about the DRA on the Bank’s website or contact Member Services at 844.FHL.BANK (844.345.2265)

For both programs, individuals and business owners located within a Federal Emergency Management Agency (FEMA)-declared disaster area may apply for the funds through the Bank’s member financial institutions. For more detailed program information, including application forms, visit the DRA or DRP webpages or contact Community Investment at 800.362.2944.

Sincerely,


Sanjay K. Bhasin
President and Chief Executive Officer