The Federal Home Loan Bank of Dallas (FHLB Dallas) has expanded the eligibility in its Housing Assistance for Veterans (HAVEN) program.
The program had previously been available to veterans, active-duty, reserve or National Guard service members who became disabled as a result of their military service since Sept. 11, 2001. Under the expanded eligibility, include service members who became disabled as a result of their military service since Aug. 2, 1990, will now be eligible for participation in the program.
HAVEN, which is awarded through participating FHLB Dallas member institutions, provides up to $15,000 per household and includes eligible Gold Star Families, which are the immediate family members of a fallen service member who died while serving in a time of conflict. FHLB Dallas allocated $300,000 in HAVEN funds for 2023.
“With this expansion, more disabled veterans and Gold Star Families will qualify for assistance for necessary home repairs or for down payment and closing cost assistance,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. “Repairing or buying a home can be incredibly expensive. We are pleased to expand HAVEN to more of our active-duty service members, veterans, reservists, National Guardsmen and Gold Star Families.”