Skip to main content
Federal Home Loan Bank of Des Moines

Main Content

AHP Online Project Administration


Members and sponsors receiving an AHP awards from the Headquarters office* in 2015 and after, and the merged Headquarters and Western office* in 2016 and after, will use AHP Online (Opens in New Window) to submit disbursement requests, semi-annual progress reports, modifications or extensions. Instructions and Exhibits to support disbursement and project administration are provided below. Scroll down the page to find additional resources for rental and for homeownership projects. Contact FHLB Des Moines Community Investment Department at 800-544.3452, ext.1173 for assistance.

Members and sponsors receiving an AHP award from the Headquarters office* in 2014 and prior years, and members and sponsors receiving an AHP award from the Western Office* in 2015 and prior years, should refer to the following website locations for Instructions and Exhibits to support disbursement and monitoring:

*Headquarters Office included the states of Iowa, Minnesota, Missouri, North Dakota, and South Dakota. Western Office included the states and territories of American Samoa, Alaska, Guam, Hawaii, Idaho, Montana, Northern Mariana Islands, Oregon, Utah, Washington and Wyoming.

AHP Implementation Plan

The AHP Implementation Plan includes the feasibility and scoring requirements for the AHP grants program. In addition, it includes information on the Bank's requirements for disbursement and project administration. Sponsors should refer to the Plan associated with the year they made application.

AHP Online Guides for Project Administration

Rental Projects

Rental Feasibility Workbook

Certification Forms

Retention Agreements (Deed Restriction)

A legally enforceable deed restriction with a term of fifteen years must be executed. The forms provided below are for use on fee simple land and on tribal trust land.

Important: FHLB Des Moines expresses no opinion and makes no representation as to the validity or enforceability of these sample retention documents. Please consult an attorney to ensure this document meets the requirements for a deed restriction or other legally enforceable retention agreement in the applicable state.

Homeownership Projects

These information packets include information on sponsor and member roles and responsibilities in administration of an AHP homeownership project including activities, forms and documentation requirements.

Household Income Guidelines, Workbook, and Income and Purchase Price Limits

An Income Calculation Workbook must be completed for each assisted household. If applicable, a Certificate of Zero Income is provided for adult members of a household with no income. Refer to the AHP/DP Income Calculation Guidelines for help in determining qualifying income sources for a household. When determining income eligibility and purchase price limits for residences refer to the applicable limits in the AHP Implementation Plan, and as posted on our website (see link below).

Homeownership Feasibility Workbook

A Feasibility Workbook must be completed for each assisted unit in a project.

Certification Forms

Retention Agreements (Deed Restriction)

A legally enforceable Deed Restriction in the amount of the AHP subsidy used to assist each assisted household is required. The term is five years. During that term a portion of the subsidy may be subject to recapture by the FHLB Des Moines if the assisted unit is sold or refinanced. The forms provided below are for use on fee simple land and on tribal trust land. Additional forms are available on request for mobile homes or for use with land trusts. The member or the project sponsor as their designee will be responsible for servicing the Deed Restriction.

Important: FHLB Des Moines expresses no opinion and makes no representation as to the validity or enforceability of these sample retention documents. Please consult an attorney to ensure this document meets the requirements for a deed restriction or other legally enforceable retention agreement in the applicable state.

Recapture or Subordination

An AHP subsidy may be subject to recapture by the FHLB Des Moines during its five year term if a unit is sold or refinanced. A form is provided to assist in calculation of recapture of a subsidy and payment of recapture to the FHLB Des Moines. In a refinance no recapture is due if the Deed Restriction will remain in place following the refinance. A subordination agreeement for that purpose is provided.

© 2017 Federal Home Loan Bank of Des Moines.