• December 11, 2024
• Bulletin No: 2024-44

The Federal Home Loan Bank of Dallas (Bank) has awarded $2 million in 2024 Heirs’ Property Program grants through 20 participating member financial institutions.

The Heirs’ Property Program was created in 2023 after feedback from members about the challenges faced by lower-socio-economic households in resolving heirs’ property issues and the burdensome expenses that can make remediation economically challenging. Heirs’ property refers to property inherited without a will or legal documentation of ownership. As property is passed down, each successive generation generally adds more heirs to the inheritance. The absence of a deed or will can make it more complicated to obtain a clear title to land or homes as time passes. The inability to provide clear title can make it very difficult for families to transfer, or obtain loans on, the impacted property.

The 2024 grants will assist 33 organizations with clearing an estimated 560 titles and prevent heirs’ property issues by executing wills for more than 1,364 individuals. The grants are also expected to assist more than 5,670 people with training and education.

Organizations were eligible to receive up to $100,000, and the total funds made available by the Bank was $2 million (up from $1 million in 2023). The application window for the 2025 funding round will open in September 2025.

Visit our Community Programs page for more information on our community investment offerings. A complete list of members and organizations that received Heirs’ Property Program grants in 2024 is available here.

For questions regarding the Heirs’ Property Program, please contact Community Investment at 800.362.2944.

Sincerely,

Sanjay K. Bhasin
President and Chief Executive Officer