News by "affordable housing program"

Community News 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. Business News Member Announcements 2024 Affordable Housing Program Information Now Available 2024 Affordable Housing Program Information Now Available Community News Public Announcements $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. Community News Public Announcements 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. Community News Public Announcements 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. Business News Member Announcements 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. Community News Public Announcements 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. Community News Public Announcements One Roof Community Housing Congratulates FHLB Des Moines 90th Anniversary For One Roof, FHLB Des Moines provides crucial funding that fills gaps for those looking to purchase a home. Business News Member Announcements Updated Down Payment Agreement In order to access FHLB Des Moines Down Payment Products in 2023, all members must sign an updated Affordable Housing Program Subsidy Agreement for Homeownership Down Payment Products. Community News Public Announcements In the News: Federal Home Loan Bank of Des Moines Celebrates 90 Years Recently published in the Minnesota Bankers Association News Magazine, Ken Johnson, President/CEO of North Shore Bank shares stories of how local lenders collaborate with FHLB Des Moines and other organizations to help address the shortage of affordable housing in the Twin Ports community. Community News Public Announcements Assistance Offered to Households Displaced by Hurricanes Fiona and Ian The Division of Federal Home Loan Bank Regulation of the FHFA is issuing this Non-Objection Letter to allow vacant AHP-assisted rental units to be leased temporarily to individuals/households, regardless of their income, who are displaced because of Hurricanes Fiona and Ian. Community News 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.