Selection Process for Advisory Council
Selection Process for Advisory Council
Advisory Council members are selected for their knowledge and experience serving housing and economic development agendas. The Council will help the Bank create programs and targets for its Community Investment activities. The FHLB Des Moines Board of Directors appoints an Advisory Council of 15 individuals who reside in the Bank’s district.
- One Advisory Council member is appointed from each state in the Bank’s 13-state district.
- Two Advisory Council members are appointed to serve in an at-large capacity.
Advisory Council members are drawn from organizations that are actively involved in providing or promoting low- and moderate-income housing, and community and not-for-profit organizations that are actively involved in providing or promoting community lending, in the District. Advisory Council members represent a wide range of organizations so that representatives of no one group constitute an undue proportion of the membership of the Advisory Council.
Advisory Council members are appointed to serve for terms of three years, which shall be staggered to provide continuity in experience and service, except that Advisory Council members may be appointed to serve for terms of one or two years solely for the purpose of reconfiguring the staggering of three-year terms.
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Notice of Open Advisory Council Position - Minnesota
Through August 1, 2025, FHLB Des Moines is accepting applications for one open Affordable Housing Advisory Council position designated to represent the affordable housing and community lending needs of Minnesota.
The term of service for the new Advisory Council member will begin on January 1, 2026, and conclude on December 31, 2028.
apply now