$20K Grant from FHLB Dallas and Gulf Coast Bank & Trust Gives Texas Military Veteran Peace of Mind

• November 01, 2024

Retired Army Specialist Danielle Costly in front of her home in Texas.HURST, TEXAS, November 1, 2024 - Retired Army E-4 Specialist Danielle Costly is feeling safe and secure in her home with the help of a $20,000 Housing Assistance for Veterans (HAVEN) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas), through its member Gulf Coast Bank & Trust. Ms.Costly used the funds to replace old windows and a sliding glass door.

After serving in the Army for four years, including an Iraq deployment, Ms. Costly suffered from back and knee pain and was unable to continue her service. "The window and door replacements have really helped me feel so much safer," she said. "It definitely gives me a sense of security."

HAVEN provides grants to veterans and active-duty, reserve or national guard service members who have been disabled as a result of their military service since August 2, 1990.

"Programs like HAVEN are so important. We are proud to offer this program to our armed services veterans," said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas.

In 2024, FHLB Dallas has allocated $300,000 for the HAVEN program and each household may receive up to $20,000 for down payments and closing costs, as well as necessary repairs and modifications to their current homes.

"We are so pleased to be able to help our veterans secure homeownership and live comfortably," said Juli Coen, senior mortgage lender and military specialist at Gulf Coast Bank & Trust.

Learn more about the HAVEN program and the community investment programs at FHLB Dallas.

About Gulf Coast Bank & Trust
Gulf Coast Bank & Trust Company offers several personal & business banking services to the communities in Baton Rouge, New Orleans, and surrounding Southeast Louisiana areas. Banking services include checking and savings accounts with online and mobile banking options as well as personal loans, home loans, business loans and trust and brokerage services. Our mission is to strengthen our relationship with our customers by combining the values of old-fashioned community banking that focus on individualized customer service with innovative, competitive banking products and trust and brokerage services.

About the Federal Home Loan Bank of Dallas
The Federal Home Loan Bank of Dallas is one of 11 district banks in the FHLBank System created by Congress in 1932. FHLB Dallas, with total assets of $129.4 billion as of September 30, 2024, is a member-owned cooperative that supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit fhlb.com.

Contact Information:

Corporate Communications
Federal Home Loan Bank of Dallas
fhlb.com
214.441.8445

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