FHLB Dallas, founded in 1932, is a member-owned cooperative that provides low-cost funding and access to credit to its member financial institutions. These members, numbering approximately 780, use the funding to support mortgage lending, small business, and community investment activities across Arkansas, Louisiana, Mississippi, New Mexico, and Texas. The institution operates independently and receives no taxpayer assistance.
As of March 31, 2026, FHLB Dallas reported total assets of $97.1 billion. A key part of its mission is the Affordable Housing Program (AHP), a grant initiative distributed through its members to support affordable housing creation and homeownership. Since 1990, the AHP has distributed over $577 million, facilitating more than 73,000 units of affordable housing.