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News by "affordable housing program"
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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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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.
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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.
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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.
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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.
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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.
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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.
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Help Offered to Households Displaced by the Kentucky, Illinois, and Tennessee Severe Storms
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 are displaced because of the by the Kentucky, Illinois, and Tennessee Disasters in December 2021.
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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.
Community News
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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.
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