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Community Investment: AHP, Urban First-time Homebuyer Fund


2010 Urban First-time Homebuyer Fund

FHLB Des Moines has awarded 21 members $1.0 million through the Urban First-time Homebuyer Fund to assist eligible first-time homebuyers in purchasing homes in urban locations. In response to community housing and economic challenges, the Bank updated the Urban First-time Homebuyer Fund guidelines to pay special attention to foreclosure projects. Eligible households received up to $10,000 to purchase a foreclosed property.
 

For a summary of 2010 Urban First-time Homebuyer Fund awards by state, click here.

For a complete listing 2010 Urban First-Time Homebuyer Fund recipients, click here.
 

2010 Urban First-time Homebuyer Fund Forms Document Type
(Word, PDF or Excel)
Checklist for a Successful UFT Program Word PDF
Program Guidelines Word PDF
Definitions & Acronyms Word PDF
Calculation of Income Worksheet Excel  
Calculation of Income Worksheet Instructions Word PDF
Income Determination Guidelines Word PDF
Certification & Draw Request Form
Updated June 2010
Word PDF
Instructions for Submitting a Certification & Draw Request Word PDF

Please see our AHP Homeownership Forms section for additional resources, documents and forms for this program. This includes sample retention documents and forms for recapture of subsidy.

 


2009 Urban First-time Homebuyer Fund


    For a summary of 2009 Urban First-time Homebuyer Fund awards by state, click here.

    For a complete listing of 2009 Urban First-Time Homebuyer Fund recipients, click here.

Important:
2010 changes, except monitoring requirements
for compliance with anti-predatory lending laws and regulations, apply only to the 2010 subsidy award, not the 2009 subsidy award. 

Any member funding a 2009 UFT commitment in 2010 should refer to the program guidelines and forms applicable to that year, which can be found in the table below.

2009 Urban First-time Homebuyer Fund Forms Document Type (Word, PDF or Excel)
Checklist for a Successful UFT Program Word PDF
Program Guidelines Word PDF
Definitions & Acronyms Word PDF
Calculation of Income Worksheet Excel  
Calculation of Income Worksheet Instructions Word PDF
Income Determination Guidelines Word PDF
Certification & Draw Request Form
Updated June 2010
Word PDF
Instructions for Submitting a Certification & Draw Request Word PDF

Please see our AHP Homeownership Forms section for additional resources, documents and forms for this program. This includes sample retention documents and forms for recapture of subsidy.


2008 Urban First-time Homebuyer Fund

FHLB Des Moines suspended its Urban First-time Homebuyer Fund program in 2008.

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