Federal Home Loan Bank of Dallas and Texas Capital Bank Award $100K Grant to Help Families Preserve Homeownership
Federal Home Loan Bank of Dallas (FHLB Dallas) and Texas Capital Bank have awarded a $100,000 Heirs' Property Program grant to LISC Houston to support homeownership preservation in Harris County, Texas. The grant aims to address tangled titles through targeted remediation.
The initiative focuses on heirs' property issues, which arise when property is inherited without proper legal documentation or will. This situation often becomes more complex with each generation, making it difficult to obtain clear property titles.
The grant is part of FHLB Dallas's broader 2024 program, which has allocated $2 million in Heirs' Property Program grants across its five-state District, partnering with 20 participating members. The program is expected to help clear approximately 560 titles and provide training and education to over 5,670 people regarding heirs' property issues.
La Federal Home Loan Bank di Dallas (FHLB Dallas) e Texas Capital Bank hanno assegnato un contributo di $100,000 per il Programma Proprietà degli Eredi a LISC Houston per sostenere la preservazione della proprietà abitativa nella contea di Harris, Texas. Il contributo mira a risolvere i problemi di titoli complessi attraverso interventi mirati.
L'iniziativa si concentra sulle questioni relative alle proprietà degli eredi, che sorgono quando una proprietà viene ereditata senza la corretta documentazione legale o testamento. Questa situazione diventa spesso più complessa con ogni generazione, rendendo difficile ottenere titoli di proprietà chiari.
Il contributo fa parte del programma più ampio del FHLB Dallas per il 2024, che ha allocato $2 milioni in contributi per il Programma Proprietà degli Eredi in tutto il suo distretto di cinque stati, collaborando con 20 membri partecipanti. Si prevede che il programma aiuti a chiarire circa 560 titoli e fornisca formazione e istruzione a oltre 5,670 persone riguardo le questioni relative alle proprietà degli eredi.
El Banco Federal de Préstamos para la Vivienda de Dallas (FHLB Dallas) y Texas Capital Bank han otorgado una a LISC Houston para apoyar la preservación de la propiedad en el condado de Harris, Texas. La subvención tiene como objetivo abordar los títulos enredados a través de remediaciones específicas.
La iniciativa se centra en los problemas de propiedades de herederos, que surgen cuando una propiedad se hereda sin la documentación legal adecuada o testamento. Esta situación a menudo se complica con cada generación, dificultando la obtención de títulos de propiedad claros.
La subvención es parte del programa más amplio de FHLB Dallas para 2024, que ha asignado $2 millones en subvenciones para el Programa de Propiedades de Herederos en su distrito de cinco estados, asociándose con 20 miembros participantes. Se espera que el programa ayude a aclarar aproximadamente 560 títulos y proporcione capacitación y educación a más de 5,670 personas sobre los problemas de propiedades de herederos.
댈러스 연방 주택 대출 은행(FHLB Dallas)와 텍사스 캐피탈 뱅크가 $100,000 유산 재산 프로그램 보조금을 LISC 휴스턴에 수여하여 텍사스 해리스 카운티의 주택 소유권 보존을 지원합니다. 이 보조금은 복잡한 소유권 문제를 해결하기 위해 목표 지향적인 조치를 취하는 것을 목표로 합니다.
이 이니셔티브는 적절한 법적 문서나 유언 없이 재산이 상속될 때 발생하는 유산 재산 문제에 중점을 둡니다. 이 상황은 세대를 거듭할수록 더욱 복잡해져 명확한 소유권을 확보하기 어렵게 만듭니다.
이 보조금은 FHLB Dallas의 2024년 더 넓은 프로그램의 일환으로, 다섯 개 주의 지구에서 $2백만의 유산 재산 프로그램 보조금을 할당하고 20개의 참여 회원과 협력하고 있습니다. 이 프로그램은 약 560개의 소유권을 정리하고 5,670명 이상에게 유산 재산 문제에 대한 교육 및 훈련을 제공할 것으로 예상됩니다.
La Federal Home Loan Bank de Dallas (FHLB Dallas) et Texas Capital Bank ont attribué une subvention de 100 000 $ pour le Programme de Propriété des Héritiers à LISC Houston pour soutenir la préservation de la propriété dans le comté de Harris, au Texas. La subvention vise à résoudre les titres compliqués par des remédiations ciblées.
L'initiative se concentre sur les problèmes de propriété des héritiers, qui surviennent lorsque la propriété est héritée sans documentation légale appropriée ou testament. Cette situation devient souvent plus complexe avec chaque génération, rendant difficile l'obtention de titres de propriété clairs.
La subvention fait partie du programme plus large de FHLB Dallas pour 2024, qui a alloué 2 millions de dollars en subventions pour le Programme de Propriété des Héritiers dans son district de cinq États, en partenariat avec 20 membres participants. Le programme devrait aider à clarifier environ 560 titres et fournir une formation et une éducation à plus de 5 670 personnes concernant les problèmes de propriété des héritiers.
Die Federal Home Loan Bank of Dallas (FHLB Dallas) und Texas Capital Bank haben einen Stipendium in Höhe von $100,000 für das Erben-Immobilienprogramm an LISC Houston vergeben, um den Erhalt von Wohneigentum im Harris County, Texas, zu unterstützen. Das Stipendium zielt darauf ab, verworrene Titel durch gezielte Maßnahmen zu klären.
Die Initiative konzentriert sich auf die Probleme von Erbenimmobilien, die auftreten, wenn Eigentum ohne ordnungsgemäße rechtliche Dokumentation oder Testament vererbt wird. Diese Situation wird oft mit jeder Generation komplizierter, was es schwierig macht, klare Eigentumstitel zu erhalten.
Das Stipendium ist Teil des umfassenderen Programms von FHLB Dallas für 2024, das $2 Millionen in Erben-Immobilienprogramm-Stipendien in seinem fünfstaatlichen Distrikt bereitgestellt hat und mit 20 teilnehmenden Mitgliedern zusammenarbeitet. Es wird erwartet, dass das Programm dazu beiträgt, etwa 560 Titel zu klären und über 5,670 Menschen Schulungen und Informationen zu Erbenimmobilienproblemen anzubieten.
- Strategic community investment enhancing Texas Capital Bank's (TCBI) local market presence
- Partnership with FHLB Dallas demonstrates strong institutional relationships
- None.
Front row, left to right: Yvonne Dotie, Rushya Tchocakova and Clare Boulet of LISC, Laura Jaramillo, Executive Director, LISC, Shariesa
“LISC Houston is greatly appreciative of the support of FHLB Dallas and Texas Capital to advance our efforts to ensure
Heirs’ property refers to property inherited without a will or legal documentation of ownership. As property is passed down, each successive generation typically results in more heirs being added to the inheritance. The absence of a deed or will can make it more complicated to obtain a clear title to land or homes as time passes.
“These funds are critical to help homeowners safeguard their family homes and create generational wealth,” said Worley Barker, community development lending officer at Texas Capital Bank.
In 2024, FHLB Dallas and 20 participating members awarded
“The Heirs’ Property Program helps families improve the financial condition of current and future generations,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas. “It gives
Learn more about the FHLB Dallas Heirs’ Property Program.
About Texas Capital Bancshares, Inc.
Texas Capital Bancshares, Inc. (NASDAQ: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, the parent company of Texas Capital Bank d/b/a Texas Capital, is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in
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
About LISC
LISC is one of the country’s largest community development organizations, helping forge resilient and inclusive communities of opportunity across America–great places to live, work, visit, do business and raise families. For 35 years, LISC has invested more than
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Source: Federal Home Loan Bank of Dallas
FAQ
What is the value of the Heirs' Property Program grant awarded by FHLB Dallas and Texas Capital Bank?
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What is the total amount allocated by FHLB Dallas for the 2024 Heirs' Property Program?
