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12/06/2011

Over 40 people gathered at the Montgomery County YMCA in Red Oak, Iowa to celebrate $2.1 million in AHP grants to the state of Iowa. Senator Tom Harkin (D-IA) presented checks to two projects in western Iowa and congratulated FHLB Des Moines on the positive impact it is having on families and individuals across the state.

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11/30/2011

The Iowa Finance Authority and Federal Home Loan Bank of Des Moines today announced a partnership that has made up to $50 million in variable rate index bonds available for low-interest permanent financing to qualified affordable multifamily properties throughout Iowa. This innovative financing partnership is the first of its kind involving a housing finance agency in the country.

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11/22/2011

Teresa Keegan, senior vice president and chief financial officer for Fidelity Bank in Edina, Minnesota, was recently elected to the FHLB Des Moines board of directors. Ms. Keegan will serve a four-year term.

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11/22/2011

"I am especially proud that the $2.5 million in new grants that we are announcing today in my congressional district are being funded without spending one tax dollar," commented Congressman Wm. Lacy Clay during a grant presentation at Barack Obama Elementary School in the community of Pine Lawn, Missouri. The Congressman announced $2.5 million in competitive Affordable Housing Program grants.

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11/22/2011

Congressman Luetkemeyer hosted a roundtable discussion with local financial institutions, community leaders and small business owners at First State Bank Mortgage in St. Charles, Missouri. Participants had the opportunity to ask the Congressman questions, provide feedback on current legislation and discuss local issues.

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