Community Investment: Affordable
Housing Program
Affordable Housing Program
Affordable Housing Program
(AHP) 2010 Funding
The FHLB Des Moines Affordable
Housing Program addresses
homeownership and rental housing
needs of low- to moderate-income
households in partnership with
member financial institutions and
local community development
organizations
On May 1, 2010, FHLB Des Moines will
begin accepting applications for our
competitive Affordable Housing
Program (AHP). The online
application can be accessed from
May 1, 2010 through June 30, 2010.
The system will be available from
7:00 A.M. to 10:00 P.M. Central Time
seven days a week.
All competitive AHP applications
must be submitted through
our online grant application system
and received by 4:30 P.M. Central
Time on June 30, 2010. To access
the application, sponsors must first
register with the Community
Investment Department and receive
support from a FHLB Des Moines
member institution. The sponsor
registration form will be available
April 15, 2010 on the Community
Investment Department's AHP webpage.
Pre-application forms, the online
application, registration forms,
application instructions and a
training manual are listed below.
The forms and online application
will only become available as noted
in the 2010 timeline of events. If
you have questions or need
additional information click
here or contact the Community
Investment Department at
800.544.3452, ext.1173.
In addition to our competitive AHP
funding round, FHLB Des Moines also
offers three homeownership set-aside
programs: Rural Homeownership Fund,
Native American Homeownership
Initiative and Urban First-time
Homebuyer Fund. The
2010 Implementation Plan
includes the details of these
programs.
Programs and Dates to Remember
- Click
here for a summary of
all 2010 programs and important
dates to remember.
- Click
here to register for one of
the 2010 AHP Training Sessions.
2010
AHP Competitive Program Timeline of
Events
|
Event |
Available |
Online Application
Training
Bank staff will be traveling
to locations throughout the
District to provide sponsors
and members training on the
online application. For a
summary of sites, dates, and
times and to register for a
session click
here. |
February
24, 2010 - April 29, 2010 |
Pre-Application Period
A pre-application form for
technical assistance on
competitive grant
applications from the
Community Investment
Department will be available
April 1, 2010 on the Bank’s
website. It is not necessary
to have confirmed Bank
member support to access
this form. |
April 1, 2010 - May 31, 2010 |
Registration Period
Sponsors must register with
the Bank’s Community
Investment Department and
have the commitment of a
Bank member before an AHP
application can be
completed. The Sponsor
registration form will be
available April 15, 2010 on
the Community Investment
Department website. |
April 15, 2010 - May 31,
2010
Registrations must be
received by 4:30 PM Central
Time on
May 31, 2010 |
Application Period
The AHP online application
will be accessible to
sponsors and members 7:00
A.M. to 10:00 P.M. seven
days a week. |
May 1, 2010 - June 30, 2010
Applications must be
received by 4:30 P.M.
Central Time on
June 30, 2010
|
Member Review Period
The AHP online application
will be
accessible to Bank members
for review. |
May 1, 2010 - June 30, 2010
Applications must be
approved by 4:30 PM Central
Time on
June 30, 2010 |
Implementation Plan
The AHP Online Application
Online Application Training
Manual
(available
after February 15, 2010)
AHP Forms
(Disbursement, Retention,
Monitoring)
Homeownership
Education/Financial
Counseling
Income Guidelines and Purchase
Price Limits
Affordable Housing Program Dates
to Remember
Statistics
