Federal Home Loan Bank of Dallas Announces 2021 Advisory Council Members
The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of two new members of its Affordable Housing Advisory Council (Advisory Council) and four reappointments.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210113005849/en/
Deborah Welchel, a senior development director (Texas) of Volunteers of America National Services, a subsidiary of Volunteers of America (VOA), has been named to a two-year term on the Federal Home Loan Bank of Dallas Affordable Housing Advisory Council. (Photo: Business Wire)
The Advisory Council is comprised of 13 representatives from state, community and nonprofit organizations in a five-state District who are appointed by the FHLB Dallas Board of Directors (Board) and advise the Board on affordable housing and economic development issues.
"The Advisory Council consists of experienced affordable housing and economic development executives who fulfill a key role in guiding the Federal Home Loan Bank of Dallas on its community investment offerings in our five-state District," said Greg Hettrick, first vice president and director of Community Investment for FHLB Dallas.
Since the inception of FHLB Dallas' Affordable Housing Program (AHP) in 1990, FHLB Dallas has awarded more than $324 million through AHP and Homeownership Set-Aside Programs assisting nearly 56,500 households.
The newly elected members:
The following board members were reappointed:
Most appointments began January 1 and will expire in 2023. Ms. Den Bleyker's seat expires at the end of 2021, and Ms. Welchel's seat expires at the end of 2022.
The remaining members of the Advisory Council are:
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 $66.3 billion as of September 30, 2020, is a member-owned cooperative that supports housing and community development by providing competitively priced advances and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. Visit fhlb.com for more information.
IoT Security Against Global Cybercrime