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Federal Home Loan Bank of Dallas Awards $7 Million in Affordable Housing Grants

FHLB Dallas annually returns 10 percent of its profits in the form of AHP grants to the communities served by its member institutions. AHP funding is utilized for a variety of projects, including home rehabilitation and modifications for low-income, elderly and special-needs residents; down payment and closing-cost assistance for qualified first-time homebuyers; and the construction of low-income, multifamily rental communities and single-family homes.

“FHLB Dallas’ member institutions serve their communities well through active involvement in affordable housing development,” said FHLB Dallas President and CEO Sanjay Bhasin. “Their membership in FHLB Dallas provides a bridge to the AHP and other grant programs that annually provide millions of dollars for housing in our District.”

Below is the complete, state-by-state list of the 2017 AHP grant recipients.

Where do I find what the current 5 year Federal Home Loan Bank yeild?

What is the current five (5) year non-callable agency bond yield on a direct obligation non-callable bond issued by the Federal Home Loan Bank?

Go to their website www.fhlb.