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Federal Home Loan Bank of Des Moines

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Forms & Agreements

The Western Office* disbursement process is described in the Western Office 2015 AHP Implementation Plan (PDF). To receive disbursement of AHP subsidy, the sponsor and member must execute an AHP Program Agreement, review member and sponsor instructions with Community Investment Department staff, and complete an AHP Subsidy Disbursement Request and required attachments. Western Office Competitive Affordable Housing Program (AHP) forms and agreements are listed below. Use these forms for Rental projects only. Homeownership Forms may be found at: Headquarters Projects 2014 and Prior: Homeownership Forms

Note: All PDF forms require the use of Adobe Reader (Opens in New Window).

*Western Office housing programs were offered through December 31, 2015 to members in American Samoa, Alaska, Guam, Hawaii, Idaho, Montana, Northern Mariana Islands, Oregon, Utah, Washington and Wyoming.

Forms: 

Use these forms for Rental projects only.  Homeownership Forms may be found at: Headquarters Projects 2014 and Prior:  Homeownership Forms

Retention Agreements 

Sample retention agreements are provided for your convenience, FHLB Des Moines does not guarantee its effectiveness as a legally enforceable retention agreement, nor does its use relieve the member of its obligation under the Regulations to ensure that the project is subject to a legally enforceable retention agreement. Members are encouraged to consult legal counsel to ensure that the project is subject to a legally enforceable retention agreement.

In 2016 a Deed Restriction form for owner-occupied units and an Agreement for Covenants and Restrictions for rental units replaced state specific Retention Agreements in use by the Western Office. Member will be responsible for servicing the agreements (in the Deed Restriction, the member will be identified as "Lender"), including forgiveness, recapture, subordination and release. Forms will be available for fee simple land and for use on Native American tribal lands and Hawaiian Homelands subject to lease. Members may make changes to the sample forms if needed to meet requirements in their state. Changes must be reviewed and approved by FHLB Des Moines Legal Department before they can be deployed.

© 2017 Federal Home Loan Bank of Des Moines.