$ 10,000 HAVEN Grant Helps Arkansas Army Veteran Fix His Home
BEARDEN, Arche .– (COMMERCIAL THREAD) – U.S. Army Reserve veteran Jeffery Darrough, who has toured Iraq and Kuwait, recently received a $ 10,000 Veterans Housing Assistance (HAVEN) grant to conduct repairs to his Arkansas home.
At the age of 17, Staff Sgt. Darrough decided to join the Army Reserve on a last-minute whim.
“Ironically, I went to support a friend who was joining the military, and the rest of my friends and I ended up taking the required test as well. We were all successful except for the friend who really wanted to sign up, ”says Master Sgt. Darrough.
It didn’t take much conviction for Staff Sgt. Darrough to join the military after that. He spent 26 years in the military, including six years of active service. While on duty, he helped move supplies from Kuwait to Iraq.
Now 54, Master Sergeant Darrough suffers from post-traumatic stress disorder and memory loss, which has made it difficult for him to re-acclimatize to civilian life. He and his wife bought an older house that needed major and expensive renovations. It was then that he discovered the HAVEN stock exchange, offered by the Federal Home Loan Bank of Dallas (FHLB Dallas).
Staff Sergeant Darrough contacted FBT Bank and Mortgage to apply for and receive the grant. HAVEN funds, which are awarded through participating FHLB Dallas members such as FBT Bank and Mortgage, help with necessary modifications to the homes of U.S. veterans and active duty, Reserve or National Guard members who are became disabled as a result of military service after September 11. , 2001. Funds may also be awarded to Gold Star families, who have lost a loved one during this time.
Staff Sergeant Darrough’s grant covered the installation of vinyl plank floors throughout the house, new toilets and new plumbing.
“This was the first time we had helped the program and it was a simple decision to join,” said Daniel Pledger, assistant vice president of FBT banking and mortgages. “Helping local veterans and their families through HAVEN is a big part of being a community bank. I think the HAVEN program is exceptional, and we plan to help other veterans apply for the grant.
Staff Sergeant Darrough said it would have taken longer to complete the renovations without the grant.
“If I hadn’t received the grant, I probably would have had to postpone the repairs I needed. There’s no way I could have done it all at the same time, ”he said. “The HAVEN program allayed my worries and it was a huge blessing. ”
Greg Hettrick, senior vice president and director of community investment at FHLB Dallas, says HAVEN is a unique program because it provides important services to those who have served in the military.
“HAVEN is a prime example of the mission of FHLB Dallas and its members, such as FBT Bank and Mortgage, to provide services that support the community in compelling ways,” said Mr. Hettrick. “We consider it a privilege to partner with FBT Bank and Mortgage to fund these necessary home improvements for Master Sgt. Darrough.”
About FBT Bank and Mortgage
FBT Bank and Mortgage is a full-service bank established in 1931. Today with five locations, FBT Bank and Mortgage focuses on the communities it serves, delivering cutting-edge products and services while providing personalized attention to customers. clients. To find out more, visit fbtbank.com.
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 established by Congress in 1932. FHLB Dallas, with total assets of $ 58.6 billion as of June 30, 2021, is a co-operative owned by its members which supports housing and community development by providing competitively priced loans and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. For more information, visit our website at fhlb.com.