The Federal Home Loan Bank of Dallas (FHLB Dallas) has announced the allocation budgets for its 2026 Community Investment grant programs.
This year, the bank’s Affordable Housing Program General Fund will provide up to $1.75 million per project for construction or rehabilitation of affordable housing across its five-state district. The application round opens on March 31, and awards will be announced this fall.
The Disaster Rebuilding Assistance program will offer $3.5 million to help homeowners repair properties damaged by federally declared disasters, while the FHLB Dallas Fortified Fund will provide $10 million to help fund storm-resistant roofs designed to withstand severe storms for eligible homeowners.
The Homebuyer Equity Leverage Partnership program will release $17 million in grants to assist eligible first-time homebuyers with down payment and closing costs. The Housing Assistance for Veterans program has set aside $1 million for home modifications or down payment assistance for disabled military veterans, service members and Gold Star Families.
$1.5 million is available in the Native American Housing Opportunities Fund to support affordable housing initiatives by tribal housing entities. The Partnership Grant Program has budgeted $1.5 million for a matching program offered in conjunction with FHLB Dallas financial institution members for grants to qualified community-based organizations.
The Pathway Fund’s $3 million is designed to help organizations with initiatives that prevent or address heirs’ property issues that create a clouded title usually because the original owner died without a will. The Small Business Boost will channel $4 million into small business loans for the creation and expansion of small businesses. And the Special Needs Assistance Program will release $1.8 million for home repairs or modifications for homeowners with occupants, who are disabled, elderly or have other special needs.
“Everything we do is about equipping our members with flexible funding and grants that strengthen housing and spur economic opportunity in the communities they serve,” said Greg Hettrick, senior vice president and director of community investment at FHLB Dallas.
