Media Advisory: Federal Housing Finance Agency Director Sandra Thompson Visits Affordable Apartment Complex in Dallas

DALLAS , June 21 /Businesswire/ - Federal Housing Finance Agency (FHFA) Director Sandra Thompson will join officials from the Federal Home Loan Bank of Dallas (FHLB Dallas) to tour Oak Lawn Place, a new affordable housing development serving the aging LGBTQIA+ population in Dallas, Texas. FHLB Dallas, through member Veritex Bank, awarded the project a $750,000 Affordable Housing Program (AHP) grant.

Director Thompson will be available for media interviews following the tour.

Oak Lawn Place, which opens in July, will provide 84 units of high-quality, affordable rental housing for adults who are 55 years or older in an environment that includes support for the LGBTQIA+ community. The apartments serve residents who earn 30 percent to 60 percent of the area median income (AMI) with more than 50 percent of units set aside for households earning below 50 percent of the AMI.

Director Thompson, sworn in as FHFA director in June 2022, has more than 40 years of private and public sector finance experience. Prior to leading the agency, Director Thompson serv​ed as ​Deputy Director of the Division of Housing Mission and Goal​s (DHMG) for nine years, overseeing FHFA’s housing and regulatory policy, capital policy, fair lending and mission-critical activities for ​​Fannie Mae, Freddie Mac and the Federal Home Loan Banks, which are government-sponsored enterprises regulated by FHFA. Before joining FHFA, Director Thompson worked at the Federal Deposit Insurance Corporation for more than 23 years in a variety of leadership positions, most recently as the Director of Risk Management Supervision.

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