• September 26, 2024
• Bulletin No: 2024-33

The Federal Home Loan Bank of Dallas (Bank) has activated its Disaster Relief Program (DRP) in response to the damage caused by Hurricane Francine in Louisiana. DRP makes subsidized advances available to members to assist individuals and families whose homes or businesses were damaged or destroyed by a disaster event.  

Under the DRP: 

• Funds are priced below the Bank’s regular Community Investment Program rates  
• Income eligibility limits are expanded to 165 percent of the area median income 
• ​Advance terms range from 3 months to 40 years 

Louisiana parishes currently eligible for individual assistance are Ascension, Assumption, Jefferson, Lafourche, St. Charles, St. James, St. John the Baptist, St. Mary and Terrebonne. Due to the ongoing nature of this disaster, subsequent parishes may be added and can be viewed here. 

DRP advances are available today through March 27, 2025. Click here for more information on the DRP or contact Member Services at 844.FHL.BANK (844.345.2265). 

The Bank’s Disaster Rebuilding Assistance (DRA) Program provides funds for the repair and rehabilitation of affected owner-occupied housing in federally declared disaster areas. Additional funding for DRA will be made available in 2025. For more detailed program information, including application forms, visit our website or contact Community Investment at 800.362.2944. 

Sincerely, 

Sanjay K. Bhasin 
President and Chief Executive Officer