Family Recovers from Hurricane Ida Thanks to $15K Grant from FHLB Dallas and Gulf Coast Bank & Trust

Written by Emily J. Thompson, Senior Investment Analyst

Source: Businesswire

Updated: Aug 25 2025

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Source: Businesswire

Hurricane Recovery Assistance: Arnold and Judy Dunn received a $15,000 Disaster Rebuilding Assistance grant from the Federal Home Loan Bank of Dallas to install a new hurricane-resistant roof after Hurricane Ida damaged their home.
Impact of Grants: The DRA program, administered through member institutions like Gulf Coast Bank & Trust, provides financial support for repairing homes in federally declared disaster areas, significantly improving families' stability and peace of mind.
Funding Overview: Since 2024, Gulf Coast Bank & Trust has awarded nearly $347,000 in DRA grants, with FHLB Dallas allocating $4 million for the program in 2025, starting with a $2 million round available on September 2.
Community Commitment: Both Gulf Coast Bank & Trust and FHLB Dallas emphasize their roles in aiding residents during challenging times, focusing on rebuilding efforts and community development in affected regions.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

Family Recovers from Hurricane Ida Thanks to $15K Grant from FHLB Dallas and Gulf Coast Bank & Trust

About the author

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