BankPlus and FHLB Dallas Fund Home Repairs Through Special Needs Assistance Program

BankPlus and FHLB Dallas
Thursday, June 10, 2021

A long-time Jackson resident, Penny Lee has lived in her current home for more than 20 years. But over time, the home where she consistently hosted her family began to need repairs she couldn't afford. The roof leaked, porch rails were broken and there were holes in the walls from years of grandchildren playing within the home. Miss Lee had handymen patch things until a $7,000 Special Needs Assistance Program (SNAP) subsidy from BankPlus and the Federal Home Loan Bank of Dallas (FHLB Dallas) funded more substantial repairs including a new roof, trim, porch railings and repairs to interior walls. “FHLB Dallas offers many programs that help us make a meaningful impact on our neighbors and communities,” said Mark Ouellette, first vice president and director of affordable housing at BankPlus. “The SNAP subsidy enabled Miss Lee to make several needed improvements to her home.”