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2024 Director Election Member Announcements 2024 Director Election Members in the states of Oregon and Washington will each elect one individual to fill the one-member director seat in its respective state. Two independent director seats will be filled through a district wide election. Hawaiian Home Lands Lease Addendum Member Announcements Hawaiian Home Lands Lease Addendum Federal Home Loan Bank of Des Moines is pleased to announce the availability of a lease addendum, which was developed in partnership with the Department of Hawaiian Home Lands. FHLB Des Moines Seeks Appointment for Native, At-Large Advisory Council Position Public Announcements FHLB Des Moines Seeks Appointment for Native, At-Large Advisory Council Position Beginning June 10, 2024, Federal Home Loan Bank of Des Moines is seeking applications to appoint at-large Affordable Housing Advisory Council position that is designated to represent the affordable housing and community lending needs of Native communities. Q1 2024 Combined Financial Report Member Announcements Q1 2024 Combined Financial Report Office of Finance publishes the First Quarter 2024 Combined Financial Report of the Federal Home Loan Banks. First Quarter 2024 Form 10-Q Filed Public Announcements First Quarter 2024 Form 10-Q Filed Earlier today, May 8, the Bank filed its First Quarter 2024 Form 10-Q with the Securities and Exchange Commission (SEC) FHLBanks Anticipate $1 Billion in Support for Affordable Housing and Community Development Initiatives in 2024 Public Announcements FHLBanks Anticipate $1 Billion in Support for Affordable Housing and Community Development Initiatives in 2024 The Council of Federal Home Loan Banks announced that the FHLBank System expects to provide approximately $1 billion in support for affordable housing and community development initiatives in 2024. $25 Million in Grant Funds Allocated to New Mortgage Rate Relief Product to Provide Affordable Homeownership Public Announcements $25 Million in Grant Funds Allocated to New Mortgage Rate Relief Product to Provide Affordable Homeownership The Federal Home Loan Bank of Des Moines (FHLB Des Moines) launched a new product, Mortgage Rate Relief, which will provide $25 million in grant funds to those seeking affordable homeownership. First Quarter 2024 Dividend & Earnings Release Public Announcements First Quarter 2024 Dividend & Earnings Release The Board of Directors approved a first quarter 2024 dividend to be paid at an annualized rate of 9.25 percent on average activity-based stock, an increase of 0.25 percent from the prior quarter, and 6.00 percent on average membership stock, an increase of 2.45 percent from the prior quarter. FHLB Des Moines Publishes Affordable Housing Annual Report Public Announcements FHLB Des Moines Publishes Affordable Housing Annual Report Annually, the Chair of the Advisory Council presents a report summarizing their analysis of the Federal Home Loan Bank of Des Moines' affordable housing and community investment activities as well presents the Advisory Council's policy and strategic discussions that shaped the year. 2024 Affordable Housing Program Information Now Available Member Announcements 2024 Affordable Housing Program Information Now Available 2024 Affordable Housing Program Information Now Available Nearly $20 Million Awarded Through Member Impact Fund to Support Community Development Public Announcements Nearly $20 Million Awarded Through Member Impact Fund to Support Community Development Federal Home Loan Bank Des Moines joined efforts with 94 members to provide nearly $20 million to hundreds of non-profit or government agencies. 2023 Combined Financial Report Member Announcements 2023 Combined Financial Report Office of Finance Publishes the 2023 Combined Financial Report of the Federal Home Loan Banks.