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2026 Affordable Housing Program Information Now Available Member Announcements 2026 Affordable Housing Program Information Now Available FHLB Des Moines offers a variety of products to support the purchase, construction or rehabilitation of affordable housing. Information detailing the 2026 Affordable Housing Program are now available. FHLB Des Moines Awards $102.4 Million for 54 Affordable Housing Initiatives Public Announcements FHLB Des Moines Awards $102.4 Million for 54 Affordable Housing Initiatives FHLB Des Moines Awards $102.4 Million for 54 Affordable Housing Initiatives 2025 Member and Independent Director Election Results Member Announcements 2025 Member and Independent Director Election Results On December 10, 2025, the Board of Directors of FHLB Des Moines reviewed the results of the 2025 Member and Independent Director election. 2026 Changes to Qualifying Loans for Community Investment Advances Member Announcements 2026 Changes to Qualifying Loans for Community Investment Advances Closed loans required for Community Investment Advance applications beginning January 2026. 2025 Director Election Voting Underway Public Announcements 2025 Director Election Voting Underway Electronic ballots for the Federal Home Loan Bank of Des Moines 2025 director election were issued to all eligible voting members on October 22, 2025. Russell Lau Declared Elected to FHLB Des Moines Board of Directors Public Announcements Russell Lau Declared Elected to FHLB Des Moines Board of Directors The Federal Home Loan Bank of Des Moines (FHLB Des Moines or Bank) is pleased to announce that Russell Lau was recently declared elected as a director to the Bank's board of directors. Mr. Lau will serve as the Hawaii member director, serving for a four-year term commencing January 1, 2026. Updated Collateral LTVs take effect October 6, 2025 Member Announcements Updated Collateral LTVs take effect October 6, 2025 FHLB Des Moines performs on-going monitoring of market fundamentals and their impact on collateral values. As a result, we will be making adjustments to most collateral Loan-to-Values (LTVs). 2025 Director Election Member Announcements 2025 Director Election Commencement for the annual Federal Home Loan Bank of Des Moines Director Election is underway. Advance Rates are Moving to eAdvantage Member Announcements Advance Rates are Moving to eAdvantage Members can now view advance rates within eAdvantage. On July 1, we will fully migrate all public advance rates to eAdvantage. Advance rate indications will only be available to FHLB Des Moines members. 2025 Stock Recalculation Notice Member Announcements 2025 Stock Recalculation Notice Adjustments for 2024 will take place on Thursday, March 27, 2025. 2025 Community Support Review Public Announcements 2025 Community Support Review The FHFA encourages the public to submit comments by March 24, 2025, on the community support performance of Bank members. Updated Collateral Loan-to-Values Effective March 10, 2025 Member Announcements Updated Collateral Loan-to-Values Effective March 10, 2025 On Monday, March 10, 2025, FHLB Des Moines will implement revised Loan-to-Value Discounts (LTVs) for five Multi-Family First Mortgage collateral types.