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The Disaster Relief Program (DRP)

Grants to Provide Assistance to Families Whose
Homes or Businesses were Destroyed by Disasters

Agency Type:

Foundation / Corporation

Funding Source:

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Federal Home Loan Bank of Dallas

Deadline Date:

04/04/12

Description:

Request a Grant Writer

Grants are available to eligible organizations that provide programs to aid families and individuals whose homes or businesses were damaged or destroyed due to natural disasters. The purpose of these grants is to provide support to organizations that assist in the recovery efforts in the following officially designated disaster areas: Arkansas - all 75 counties; Louisiana - Bossier, Claiborne, East Carroll, Morehouse, Union, Webster, and West Carroll parishes; and Mississippi - Bolivar, Coahoma, DeSoto, Issaquena, Tunica, and Washington counties.

DRP advances can be used for:
* Residential and Rental Properties
* Community Facilities
* Personal Property
* Equipment and Inventory
* Business Property

GrantWatch ID#:

GrantWatch ID#: 127862

Additional Eligibility Criteria:

Program Requirements:
• Individuals or businesses applying for funds are located in communites with an area median income of up to
165 percent.
• Community development advances (which include Disaster Relief Program, EDP, CIP and AHP advances) may not exceed, at the time the advance is approved, the lesser of 15 percent of an institution’s total assets or $200 million.
• Members must agree and must limit their mark-up to 300 basis points on single-family development and 400
basis points on multifamily development and 400 basis points for economic development.
• Member institutions that are located or have branch offices in officially designated disaster area(s), as well as their customers, are eligible to borrow under this program.

Pre-Application Information:

Completed applications and supporting documentation should be mailed to:
Member Sales Group
Federal Home Loan Bank of Dallas
P.O. Box 619026
Dallas, TX 75261-9026

Applications may be faxed to 214.441.8551.

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

For more information on participating in the DRP, please contact the Member Sales Group at 800.442.9841.

URL for Full Text (RFP):

Attached Files:

Geographic Focus:

USA: Arkansas;   Louisiana;   Mississippi