FOR IMMEDIATE RELEASEJanuary 14, 2013
Federal Home Loan Bank of Dallas
Grant Funds Assist Elderly Jackson Couple with Home Repairs
JACKSON, MISSISSIPPI, January 14, 2013 – Bertha and Devant Kelly have lived
in their Jackson, Mississippi, home for more than 30 years, raising their
family and building years of memories. They hoped to remain in their home
for many more years, but the dilapidated roof was becoming a continuous and
The roof on their home was beyond repair -- it had to be replaced.
Leaks were forming and causing damage to the interior of their home. Mrs.
Kelly, 62, and Mr. Kelly, who is 65 and disabled, live on a limited income, and
they couldn’t afford to replace the roof on their own. Desperate for
help, Mrs. Kelly was referred to BankPlus for assistance.
BankPlus, a member of the Federal Home Loan Bank of Dallas (FHLB Dallas),
utilizes FHLB Dallas’s Special Needs Assistance Program (SNAP). SNAP is
available through FHLB Dallas member institutions to provide grant funding to
assist income-qualified, elderly, and special-needs homeowners with necessary
home repairs and modifications. SNAP grants are awarded on a first-come,
first-served basis to qualified, special needs families across FHLB Dallas’s
five-state District of Arkansas, Louisiana, Mississippi, New Mexico, and
Recipients may receive up to $5,000 in grant funds to assist with repairs
such as roofing, plumbing, electrical, and flooring, as well as handicap
modifications such as ramps, grab bars, expanding doorways, and bathroom and
“BankPlus has been utilizing SNAP since it was first introduced by the
Federal Home Loan Bank of Dallas in 2009,” said Mark Ouellette, BankPlus first
vice president. “We have been fortunate to help more than 60 families
with home repairs or modifications since that time. This is an excellent
program that addresses a critical housing need in our communities, and I am
grateful that BankPlus has the opportunity to use SNAP to help families such as
Mr. and Mrs. Kelly.”
In January, the Kellys were approved for a $4,100 SNAP grant, and were able
to replace their roof.
“It was such a blessing to have received this generous grant,” said Mrs.
Kelly. “It came right on time. We are very grateful to FHLB Dallas
and BankPlus for this program. It has really made a big difference for
Since the program’s inception in 2009, FHLB Dallas and its member
institutions have awarded more than $6.3 million in grant funds to assist special-needs families across the
About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 12 district banks in the
FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of
$35.2 billion as of September 30, 2012, is a member-owned cooperative that
supports housing and community development by providing competitively priced
advances and other credit products to more than 900 members and associated
institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For
more information, visit the FHLB Dallas website at fhlb.com.
BankPlus, with total assets of more than $2 billion, has over 60 bank
offices in 33 Mississippi communities. In addition to its Belzoni Main Office,
other BankPlus offices are located in Bentonia, Brandon, Byram, Canton,
Clinton, D’Iberville, Durant, Flora, Flowood, Gluckstadt, Hernando, Holly
Bluff, Horn Lake, Isola, Jackson, Lexington, Madison, Meridian, Newton, Olive
Branch, Pearl, Picayune, Pickens, Poplarville, Quitman, Ridgeland, Shubuta,
Southaven, Stonewall, Tchula, Waynesboro and Yazoo City. For additional
information on BankPlus, please visit www.BankPlus.net.