News by "affordable housing program"

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Assistance Offered to Households Displaced in Kentucky Public Announcements Assistance Offered to Households Displaced in Kentucky The Federal Housing Finance Agency (FHFA) recently issued a statement to allow vacant AHP-assisted rental units to be leased temporarily to individuals/households, regardless of their income, who were displaced by the Kentucky Severe Storms, Flooding, Landslides, and Mudslides (Disaster) July 2022. Assistance Offered to Households Displaced in Colorado Public Announcements Assistance Offered to Households Displaced in Colorado The Federal Housing Finance Agency (FHFA) recently issued a statement to allow vacant AHP-assisted rental units to be leased temporarily to individuals/households, regardless of their income, who were displaced by the Colorado wildfires and straight-line winds. 2022 Affordable Housing Program Information Now Available Member Announcements 2022 Affordable Housing Program Information Now Available Full details for the Federal Home Loan Bank of Des Moines Down Payment Products and the Competitive Affordable Housing Program are now available in the 2022 Implementation Plan. FHLB Des Moines Awards More Than $40 Million in Affordable Housing Grants to Benefit 67 Projects Public Announcements FHLB Des Moines Awards More Than $40 Million in Affordable Housing Grants to Benefit 67 Projects Through a collaborative effort between FHLB Des Moines member financial institutions and local housing organizations, more than $40 million will be awarded to 67 affordable housing projects across the Bank's 13-state district, impacting over 2,100 families and individuals. FHLB Des Moines Awards $41.3 Million in Affordable Housing Grants to Benefit 63 Projects Public Announcements FHLB Des Moines Awards $41.3 Million in Affordable Housing Grants to Benefit 63 Projects The Federal Home Loan Bank of Des Moines (FHLB Des Moines or the Bank) is pleased to announce the recipients of its 2020 Competitive Affordable Housing Program awards. Changes to Retention Agreement (Deed Restriction) for Home Purchase Projects Member Announcements Changes to Retention Agreement (Deed Restriction) for Home Purchase Projects The Competitive Affordable Housing Program (AHP) and Down Payment Product grants will be releasing a new Retention Agreement (Deed Restriction) effective for use with closings as of January 1, 2020. Retention Agreement Changes for AHP Owner-Occupied Rehabilitation Projects Member Announcements Retention Agreement Changes for AHP Owner-Occupied Rehabilitation Projects Effective January 1, 2020, the FHLB Des Moines member institution or project sponsor of a Competitive Affordable Housing Project (AHP) may cease requiring a Retention Agreement (Deed Restriction) on owner-occupied rehabilitation projects. Reinstatement of Repayment Requirement for Competitive Affordable Housing Program and Down Payment Products Member Announcements Reinstatement of Repayment Requirement for Competitive Affordable Housing Program and Down Payment Products FHLB Des Moines has established new procedures and updated forms for lien releases, repayment or subordination of liens. $51.5 Million in Affordable Housing Grants to Benefit More Than 2,600 Families and Individuals Public Announcements $51.5 Million in Affordable Housing Grants to Benefit More Than 2,600 Families and Individuals A collaborative effort between financial institutions and community housing providers will create affordable housing opportunities for more than 2,600 low-income families and individuals this holiday season. Chris Perez Appointed to FHLB Des Moines Advisory Council Public Announcements Chris Perez Appointed to FHLB Des Moines Advisory Council FHLB Des Moines or the Bank recently appointed Christopher Perez, senior program officer, Rasmuson Foundation, to its Affordable Housing Advisory Council (Advisory Council) representing the state of Alaska. $52.6 Million in Affordable Housing Grants to Benefit More Than 3,800 Families and Individuals Member Announcements $52.6 Million in Affordable Housing Grants to Benefit More Than 3,800 Families and Individuals Low-income families, seniors, persons with disabilities, homeless, and at-risk youths will benefit from more than $52.6 million in affordable housing grants this holiday season. FHLB Des Moines Appoints Two New Members to Advisory Council Member Announcements FHLB Des Moines Appoints Two New Members to Advisory Council Robert (Bob) Peterson Jr. with the Washington State Housing Finance Commission (WSHFC) in Seattle, Washington and Sean Hubert with Central City Concern in Portland, Oregon have been appointed to the Federal Home Loan Bank Des Moines (FHLB Des Moines) Advisory Council.