-

Media Advisory: Federal Housing Finance Agency Director Sandra Thompson Visits Affordable Apartment Complex in Dallas

***12:20 p.m., Tuesday, June 25, 5723 Sadler Circle, Dallas, Texas, 75235***

DALLAS--(BUSINESS WIRE)--Federal Housing Finance Agency (FHFA) Director Sandra Thompson will join officials from the Federal Home Loan Bank of Dallas (FHLB Dallas) to tour Oak Lawn Place, a new affordable housing development serving the aging LGBTQIA+ population in Dallas, Texas. FHLB Dallas, through member Veritex Bank, awarded the project a $750,000 Affordable Housing Program (AHP) grant.

Director Thompson will be available for media interviews following the tour.

Oak Lawn Place, which opens in July, will provide 84 units of high-quality, affordable rental housing for adults who are 55 years old or older in an environment that includes support for the LGBTQIA+ community. The apartments serve residents who earn 30 percent to 60 percent of the area median income (AMI) with 50 percent of units set aside for households earning below 50 percent of the AMI. The apartments serve residents who earn 30 percent to 60 percent of the area median income (AMI) with 50 percent of units set aside for households earning below 50 percent of the AMI.

Director Thompson, sworn in as FHFA director in June 2022, has more than 40 years of private and public sector finance experience. Prior to leading the agency, Director Thompson serv​ed as ​Deputy Director of the Division of Housing Mission and Goal​s (DHMG) for nine years, overseeing FHFA’s housing and regulatory policy, capital policy, fair lending and mission-critical activities for ​​Fannie Mae, Freddie Mac and the Federal Home Loan Banks, which are government-sponsored enterprises regulated by FHFA. Before joining FHFA, Thompson worked at the Federal Deposit Insurance Corporation for more than 23 years in a variety of leadership positions, most recently as the Director of Risk Management Supervision.

Who:

Federal Housing Finance Agency Director Sandra Thompson

 

Federal Home Loan Bank of Dallas (FHLB Dallas) President and Chief Executive Officer Sanjay Bhasin

 

Members of FHLB Dallas’ Board of Directors

 

 

What:

Tour of Affordable housing complex and interviews

 

 

When:

12:20 p.m. to 2:00 p.m., Tuesday, June 25, 2024

 

 

Where:

5723 Sadler Circle, Dallas, Texas, 75235

 

 

 

Media RSVPs can be made to events@fhlb.com

 

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
(214) 441-8445

Industry:

Federal Home Loan Bank of Dallas

Release Versions
English
Hashtags
#affordablehousing

Contacts

Corporate Communications
Federal Home Loan Bank of Dallas
(214) 441-8445

Social Media Profiles
@FHLBDallas
More News From Federal Home Loan Bank of Dallas

FHLB Dallas and Community Bank of Mississippi Award $150K Grant to Mission First Inc. in Jackson, Mississippi

JACKSON, Miss.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Community Bank of Mississippi (Community Bank), awarded a $150,000 Pathway Fund grant to Mission First Inc. (Mission First) to help expand services to accessible, affordable legal aid in Hinds, Madison and Rankin counties in Mississippi. The grant, awarded today during a ceremonial check presentation at Community Bank’s offices in Jackson, Mississippi, will help Mission First assist homeowner...

$150K Grant from FHLB Dallas and Community Bank of Mississippi to Assist North Mississippi Rural Legal Services to Help Homeowners Resolve Property Titles

TUPELO, Miss.--(BUSINESS WIRE)--The Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Community Bank of Mississippi, awarded a $150,000 Pathway Fund grant to North Mississippi Rural Legal Services (NMRLS) to help address homeownership title issues. “This funding will allow us to reach more people who otherwise would have no access to legal help,” said Ben Thomas Cole II, executive director of NMRLS. NMRLS is a nonprofit that provides civil legal representation to low-income hom...

Mississippi Center for Legal Services Receives $150K Grant from FHLB Dallas and Community Bank of Mississippi to Support Housing Stability and Legal Aid

HATTIESBURG, Miss.--(BUSINESS WIRE)--Mississippi families will have a better chance to keep their homes and land thanks to a $150,000 grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) and Community Bank of Mississippi to the Mississippi Center for Legal Services (MCLS). The funding will provide critical legal assistance to low-income residents struggling with heirs’ property issues, which occur when property lacks a clear title. ”This grant will allow us to expand our outreach,” sai...
Back to Newsroom