Federal Home Loan Bank of Dallas and ANECA Federal Credit Union Award $18K to Louisiana Woman to Buy First Home
2024年7月3日 - 1:52AM
ビジネスワイヤ(英語)
Grant Provides Down Payment and Closing Cost
Assistance
As a plastic surgeon’s assistant, Lakesia Williams witnessed
many life-changing transformations. Thanks to a Federal Home Loan
Bank of Dallas (FHLB Dallas) grant that supports first-time
homebuyers, she experienced one herself. An $18,000 Homebuyer
Equity Leverage Partnership (HELP) grant from FHLB Dallas provided
through ANECA Federal Credit Union (ANECA) helped Ms. Williams buy
the Shreveport, Louisiana, home she had been renting for three
years.
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A Shreveport, Louisiana, woman recently
received an $18,000 FHLB Dallas Homebuyer Equity Leverage
Partnership grant through ANECA Federal Credit Union. (Photo:
Business Wire)
HELP assists income-qualified, first-time homebuyers with up to
$20,000 in down payment assistance and closing costs.
“I haven’t been a homeowner for very long but it’s a great
feeling,” Ms. Williams said. “Most of my family lives in
Shreveport; I’ve got a good job and now I can finally set my home
up just the way I want it to be.”
Ms. Williams learned about the HELP grant through her mortgage
loan specialist at ANECA.
“We are especially proud to have played a part in Ms. Williams’
journey to becoming a homeowner,” said ANECA Chief Operating
Officer Amanda Simpson. “This milestone provides not just current
stability but a foundation for a bright future.”
The mortgage that Ms. Williams pays as a homeowner is less than
the amount she paid as a renter at the same property.
“Without the grant, I wouldn’t be able to purchase this house. I
would have ended up having to move,” she said.
In 2024, FHLB Dallas set aside $15.5 million for HELP, more than
double the $6.5 million it allocated in 2023.
“ANECA is using the HELP grant to transform its community into
one of homeowners,” said Greg Hettrick, senior vice president and
director of Community Investment at FHLB Dallas. “By combining the
HELP grant with financial education and assistance, ANECA is
creating a positive impact for years to come.”
Visit fhlb.com/help to view current availability of HELP
funds.
About ANECA Federal Credit Union
ANECA Federal Credit Union, established in 1939, is a
member-owned financial cooperative dedicated to providing
exceptional banking services and personalized financial solutions
to its members. With a commitment to community empowerment and
financial education, ANECA FCU offers a range of products including
savings and checking accounts, loans, mortgages and investment
services. Headquartered in Shreveport, Louisiana, ANECA FCU prides
itself on delivering outstanding member service, fostering
financial well-being and supporting local community initiatives.
For more information, visit www.aneca.org.
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 $125.1 billion as of March 31, 2024, is a
member-owned cooperative that supports housing and community
development by providing competitively priced advances and other
credit products to approximately 815 members and associated
institutions in Arkansas, Louisiana, Mississippi, New Mexico and
Texas. Visit fhlb.com for more information.
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Corporate Communications Federal Home Loan Bank of Dallas
fhlb.com (214) 441-8445