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Lea County State Bank and FHLB Dallas to Award $27K to First-Time Homebuyers

October 12, 2018

HOBBS, N.M.--(BUSINESS WIRE)--Oct 12, 2018--New Mexico first-time homebuyers will be awarded $27,000 in Homebuyer Equity Leverage Partnership (HELP) funds from Lea County State Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas). The media is invited to the check presentation and key ceremony at 11:00 a.m. on Friday, October 12 at 2918 N. Gantt Avenue in Hobbs.

HELP assists with down payment and closing costs for income-qualified, first-time homebuyers. FHLB Dallas disburses HELP funds to members on a first-come, first-served basis, one homebuyer at a time, beginning the first business day in January. The $2 million in HELP funds made available this year has been exhausted.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181012005259/en/

CONTACT: Federal Home Loan Bank of Dallas

Corporate Communications, 214-441-8445

fhlb.com

KEYWORD: UNITED STATES NORTH AMERICA NEW MEXICO

INDUSTRY KEYWORD: PHILANTHROPY PROFESSIONAL SERVICES BANKING FINANCE OTHER PHILANTHROPY CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE

SOURCE: Federal Home Loan Bank of Dallas

Copyright Business Wire 2018.

PUB: 10/12/2018 09:51 AM/DISC: 10/12/2018 09:50 AM

http://www.businesswire.com/news/home/20181012005259/en

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