The Federal Home Loan Bank of Dallas (FHLB Dallas) is pleased to announce the appointment of Carla Mancha to the FHLB Dallas Affordable Housing Advisory Council (Advisory Council).

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240125727712/en/

Carla Mancha (Photo: Business Wire)

Ms. Mancha brings more than 20 years of experience working in the affordable housing industry to the Advisory Council.

“Affordable housing for all Americans is a fundamental need and I look forward to working with the Advisory Council,” said Ms. Mancha.

Ms. Mancha is the Chief Executive Officer of the Housing Authority of the City of Brownsville in Brownsville, Texas. She has held that position since 2013, and has been in the affordable housing industry for more than 20 years. As CEO, Ms. Mancha is responsible for overseeing the operations of the HACB and its three non-profit organizations, which have a total operating financial portfolio of $43.3 million dollars. Together with her team and the support of her Board of Commissioners, Ms. Mancha has evolved HACB into a leading housing authority in the nation, successfully completing two Choice Neighborhood Planning Projects, transforming HACB into its own real-estate developer, increasing the agency’s total assets by 100% and its development portfolio by 9 properties. Ms. Mancha’s approach to community development is based on a holistic perspective where every member of the family will be afforded choices that will create opportunities and improve their quality of life. Ms. Mancha serves as a board member for the Guadalupe Regional Middle School and has held several board positions for civic organizations. In addition, Ms. Mancha has earned several housing industry certifications.

“Ms. Mancha brings a considerable amount of expertise to the Advisory Council,” said Greg Hettrick, senior vice president and director of Community Investment for FHLB Dallas. “Her expertise will be invaluable and we are lucky to have her.”

Ms. Mancha’s three-year term began January 1, 2024.

The Advisory Council is comprised of 13 representatives from state, community and nonprofit organizations in FHLB Dallas’ five-state District. They are appointed by the FHLB Dallas Board of Directors (Board) and advise the Board on affordable housing and economic development issues.

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 $147.6 billion as of September 30, 2023, is a member-owned cooperative that 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

View source version on businesswire.com: https://www.businesswire.com/news/home/20240125727712/en/