- October 15, 2025
$250K Grant from FHLB Dallas and Centinel Bank of Taos Boosts Affordable Housing in Taos, New Mexico
Grant to Support Housing Development Through Taos Pueblo
The grant was awarded through the Native American Housing Opportunities (NAHO) Fund, a program created to support housing initiatives by federally recognized tribes and tribally designated housing entities. Taos Pueblo is one of 11 recipients of the 2025 NAHO Fund awards, which total $2.7 million.
“We are proud to partner with FHLB Dallas to help address the housing needs of our community,” said Angel Reyes, president and CEO of Centinel Bank of Taos. “Affordable housing is essential to the long-term vitality of Taos, and this grant will help ensure more families have access to safe, stable homes.”
Grant funds may be used for a wide range of housing-related needs, including down payment and closing cost assistance, rental support, home repairs and new construction. The program also provides grants for administrative and operational expenses such as new program development and consultant fees.
“The NAHO Fund is helping to close critical housing affordability gaps in northern New Mexico,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. “We’re grateful to work with dedicated partners like Centinel Bank of Taos to expand access to quality housing and strengthen communities across the region.”
About Centinel Bank of Taos
We are proud of our rich history in northern New Mexico and committed to local banking for the community we all call home. Since March 1, 1969, Centinel Bank of Taos has been about serving Taos County. We were founded here, remain focused here and are forever committed to helping Taos Communities succeed.
About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $116.1 billion as of June 30, 2025, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit fhlb.com.
Contact Information:
Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com
214.441.8445