• January 13, 2026
• Bulletin No: 2026-01

The Federal Home Loan Bank of Dallas (Bank) is pleased to announce the appointment of two new members and the reappointment of three current members to its Affordable Housing Advisory Council (Advisory Council), effective January 1, 2026, for three-year terms. The Advisory Council is comprised of 14 representatives from state, community and nonprofit organizations in the Bank’s five-state District and advises the Bank’s Board of Directors on affordable housing and economic development issues.

New Members:

Justin Brooks, Mississippi representative, serves as executive director and president of the South Mississippi Housing Authority in Gulfport, Mississippi, the state’s largest housing authority serving 10,000 households in 14 counties. With more than 20 years of leadership experience in housing and community development, he has directed major affordable housing initiatives and has been recognized for innovative service and technology initiatives in rural communities.

Daniel Foster, New Mexico representative, is senior development manager for Chelsea Investment Corp. in Albuquerque, New Mexico, where he leads teams in developing multifamily affordable housing. With more than 20 years of experience in project development, he has managed complex financing structures, secured millions in low-income housing tax credits and cultivated partnerships with public and private stakeholders to advance affordable housing.

Reappointments:

Jim Petty (Chair), Arkansas representative, is president and CEO of Strategic Realty Developers Inc. in Van Buren, Arkansas. Since founding the company in 2007, he has managed more than $100 million in real estate transactions and continues to provide leadership in affordable housing development and consulting.

Deborah Welchel (Vice Chair), Texas representative, brings nearly 30 years of affordable housing expertise. She serves as vice president, real estate development, Texas, for Volunteers of America National Services in Austin, Texas, where she oversees financial feasibility, funding applications and construction for affordable housing developments in Texas.

David Long, Texas representative, has served as president of the Texas State Affordable Housing Corp. in Austin, Texas, for more than 18 years. He is responsible for statewide affordable housing initiatives and has played a key role in launching programs that address homelessness and expand access to supportive housing.

Sincerely,

Sanjay Bhasin
President and Chief Executive Officer