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News by "affordable housing program"
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Federal Home Loan Banks Present Housing Supply Recommendations
On August 29, 2024, the Federal Home Loan Banks presented the U.S. Department of Treasury a range of housing supply recommendations where the FHLBanks, the Federal Housing Finance Agency and the Treasury can collaborate to help address housing issues currently facing the nation.
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Severe Storms in Nebraska and Oklahoma (Disasters)
The Division of Federal Home Loan Bank Regulation of the Federal Housing Finance Agency is issuing a Non-Objection Letter to allow vacant AHP-assisted rental units to be leased temporarily to individuals/households, who are displaced due to severe storms (disasters) in Nebraska and Oklahoma.
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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.
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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.
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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.
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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.
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2024 Affordable Housing Program Information Now Available
2024 Affordable Housing Program Information Now Available
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$1 Million to Benefit Red Lake Reservation Housing Authority Through Affordable Housing Program
FHLB Des Moines supports affordable housing in Native American communities with a grant through partnership with First National Bank Bemidji that will support construction of new single-family units.
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FHLB Des Moines Awards $46 Million in Affordable Housing Grants to Benefit 60 Projects
The Federal Home Loan Bank of Des Moines is pleased to announce the recipients of its 2023 Competitive Affordable Housing Program awards. Through a collaborative effort between 43 FHLB Des Moines member financial institutions and local housing organizations, more than $46 million will be awarded.
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FHLB Des Moines seeks applications for three Affordable Housing Advisory Council positions
Through Friday, September 1, 2023, FHLB Des Moines is accepting applications for three open Affordable Housing Advisory Council (Advisory Council) positions designated to represent the affordable housing and/or community lending needs in Idaho, Iowa and Montana.
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2023 Affordable Housing Program Information Now Available
Full details for the Federal Home Loan Bank of Des Moines Down Payment Products are now available in the 2023 Implementation Plan.
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FHLB Des Moines Awards $25.6 Million in Affordable Housing Grants to Benefit 42 Projects
Through a collaborative effort between FHLB Des Moines member financial institutions and local housing organizations, more than $25 million will be awarded to 42 affordable housing projects across the Bank's 13-state district, impacting over 1,500 families and individuals.
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