• September 18, 2024
• Bulletin No: 2024-31

The Federal Home Loan Bank of Dallas (Bank) is pleased to award $1 million in grants to seven Tribally Designated Housing Entities (TDHEs) through its Native American Housing Opportunities (NAHO) Fund. The funds were awarded through six participating member institutions.

The Bank introduced the NAHO Fund this year to address the housing needs of federally recognized tribes and TDHEs through grants of $50,000 to $150,000 per application. All grant recipients were sponsored by Bank members.

Below is a list of the awardees, including the members that facilitated the grants:

Louisiana

Charenton

Member: First National Bank Jeanerette
Sponsor: Chitimacha Tribe of Louisiana
Grant: $150,000

Mississippi

Choctaw

Member: The Citizens Bank
Sponsor: Mississippi Band of Choctaw Indians
Grant: $150,000

New Mexico

Espanola

Member: Del Norte Credit Union
Sponsor: Santa Clara Pueblo Housing Authority
Grant: $150,000

Pueblo of Jemez

Member: Wells Fargo
Sponsor: Pueblo of Jemez Housing Authority
Grant: $138,895

Santa Fe

Member: Southwest Capital Bank
Sponsor: San Ildefonso Housing Authority
Grant: $118,305

Pueblo

Member: Southwest Capital Bank
Sponsor: San Felipe Pueblo Housing Authority
Grant: $142,800

Texas

Livingston

Member: Austin Bank
Sponsor: Alabama-Coushatta Tribe of Texas Housing Authority
Grant: $150,000

Eligible uses for the NAHO Fund grants range from down payment, closing cost and rental assistance to repairs and new construction. The program also provides grants for administrative and operational expenses such as new program development and consultant fees for TDHEs. Visit our website or contact Community Investment at 800.362.2944 for more information.

Sincerely,

Sanjay K. Bhasin
President and Chief Executive Officer