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Federal Home Loan Bank of Des Moines

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Affordable Housing Products

FHLB Des Moines supports strong communities. Working together with our member financial institutions, FHLB Des Moines offers a variety of products to support the purchase, construction, or rehabilitation of affordable housing. Products include a competitive grants program available to sponsor organizations including non-profits, governments, and housing authorities who will partner with our members to conduct affordable housing projects specific to their community's need. We also offer down payment assistance products that are used by our members to assist owner occupant homebuyers with the costs of a home purchase. These products are collectively know as the Affordable Housing Program, dedicated to providing safe and affordable housing, creating sustainable communities, and promoting economic development and jobs.

Affordable Housing Program products include the Competitive Affordable Housing Program and Down Payment Products, including Home$tart®, Home$tart Plus, and the Native American Homeownership Initiative.

Competitive Affordable Housing Program
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Down Payment Programs
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