- June 27 2025
- Texas
A $25K Down Payment Assistance Grant from FHLB Dallas and First National Bank Texas Helps Dental Assistant Achieve Homeownership
“Buying a house was my first goal when I made the move to El Paso,” said Ms. Hernandez, who moved from Presidio to put down roots in El Paso, Texas. “The HELP grant made it possible to buy a good home in a market where everything was either too expensive or too old to be a good long-term investment.”
She credits her bank, FNBT, with making a key difference in the homebuying process.
“They were always a step ahead in the process and understood the specifics of my case, helping me qualify for a larger loan,” said Ms. Hernandez.
FNBT, an FHLB Dallas member institution, provided Ms. Hernandez with her mortgage and facilitated the HELP grant toward her down payment and closing costs.
HELP assists income-qualified, first-time homebuyers with down payment assistance and closing costs. Up to $25,000 per homebuyer is available in Texas and New Mexico and up to $20,000 per homebuyer is available in Arkansas, Louisiana and Mississippi. FHLB Dallas allocated $17 million for HELP this year, up from $15.5 million in 2024. The final round of funding for 2025, $4.25 million, opens on August 1.
“We’re proud to play a part in supporting individuals like Ms. Hernandez on their homeownership journey,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. “Through this down payment assistance grant, we hope to ease the financial burden and make homeownership more affordable for individuals and families across our communities.”
