{"id":4994,"date":"2024-12-30T15:49:37","date_gmt":"2024-12-30T15:49:37","guid":{"rendered":"https:\/\/www.firstamericanbanknm.com\/wph\/staging\/?page_id=4994"},"modified":"2025-05-13T21:22:32","modified_gmt":"2025-05-13T21:22:32","slug":"disaster-rebuilding-assistance-dra","status":"publish","type":"page","link":"https:\/\/www.firstamericanbanknm.com\/wph\/staging\/personal-home-loans\/lending\/disaster-rebuilding-assistance-dra\/","title":{"rendered":"Disaster Rebuilding Assistance (DRA)"},"content":{"rendered":"<h2>Disaster Rebuilding Assistance (DRA)<\/h2>    <h3>For Families Affected by Flooding and Wildfires in New Mexico<\/h3>    <p>The Federal Home Loan Bank of Dallas (FHLB) has a $4 million grant program available to help households affected by the floods and wildfires. The program starts on January 2, 2025, and funds will be given out on a first-come, first-served basis. Up to $15,000 per household will be available to cover building rehabilitation.<br>The $4 million grant monies will be made available in two funding rounds of $2 million each on January 2 and September I, 2025.<\/p>    <p><strong>Requirements<\/strong><\/p>    <ul class=\"wp-block-list\"> <li>The combined household income is at or below 80% of the median income for your area<\/li>    <li>The affected home is owner-occupied primary residence<\/li>    <li>Applicants must have owned the property for at least 30 days prior to the disaster<\/li>    <li>The property must be in an area designated for individual assistance by Federal Emergency Management Agency (FEMA) no earlier than January I, 2019<\/li>    <li>Inspections of the property must be completed both before and after damage is remedied, but can be covered from DRA grant funds<\/li> <\/ul>    <p>To begin the application process contact our lenders at our Roswell Main Branch: <\/p>    <p>Omarr Mendoza at 575.624.4212 or Ryon Groesbeck at 575.624.4228<\/p>","protected":false},"excerpt":{"rendered":"Disaster Rebuilding Assistance (DRA) For Families Affected by Flooding and Wildfires in New Mexico The Federal Home Loan Bank of Dallas (FHLB) has a $4 million grant program available to help households affected by the floods and wildfires. The program starts on January 2, 2025, and funds will be given out on a first-come, first-served [&hellip;]","protected":false},"author":8,"featured_media":4996,"parent":13,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"class_list":["post-4994","page","type-page","status-publish","has-post-thumbnail","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Disaster Rebuilding Assistance (DRA) - First American Bank<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.firstamericanbanknm.com\/wph\/staging\/personal-home-loans\/lending\/disaster-rebuilding-assistance-dra\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Disaster Rebuilding Assistance (DRA) - First American Bank\" \/>\n<meta property=\"og:description\" content=\"Disaster Rebuilding Assistance (DRA) For Families Affected by Flooding and Wildfires in New Mexico The Federal Home Loan Bank of Dallas (FHLB) has a $4 million grant program available to help households affected by the floods and wildfires. 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