Federal Home Loan Bank of Dallas and Texas Capital Award $850K for Austin Affordable Housing
Summary
View the full release here: https://www.businesswire.com/news/home/20240614951163/en/The AHP grant was awarded to SAFE, an Austin-based nonprofit that supports survivors of child abuse, sexual assault, domestic violence and sex trafficking. We are grateful for the support weve received from FHLB Dallas and Texas Capital.The Lancaster will provide high-quality housing paired with voluntary, wrap-around services for Austins most vulnerable. Its designed with comfort and safety in mind for those who have experienced long-term trauma, violence and homelessness.Texas Capital is honored to play a role in this project, which will increase access to safe, supportive housing for the most vulnerable members of our Central Texas community, said Claire Harrison, managing director and Austin market president at Texas Capital. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, building a network of clients across the country. FHLB Dallas, with total assets of $125.1 billion as of March 31, 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.