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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. $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. FHLB Des Moines Celebrates $1 Million in Missouri Affordable Housing Grants Public Announcements FHLB Des Moines Celebrates $1 Million in Missouri Affordable Housing Grants FHLB Des Moines Celebrates $1 Million in Missouri Affordable Housing Grants Nearly $1 Million in Affordable Housing Grants Awarded to Jefferson City Organizations Public Announcements Nearly $1 Million in Affordable Housing Grants Awarded to Jefferson City Organizations Nearly $1 Million in Affordable Housing Grants Awarded to Jefferson City Organizations Nearly $3 Million in Affordable Housing Grants Awarded to St. Louis Organizations Public Announcements Nearly $3 Million in Affordable Housing Grants Awarded to St. Louis Organizations Nearly $3 Million in Affordable Housing Grants Awarded to St. Louis Organizations $60.8 Million in Housing Grants to Benefit Families Member Announcements $60.8 Million in Housing Grants to Benefit Families This holiday season, more than 4,700 families will receive the gift of affordable housing, thanks to a collaborative effort between community housing providers, financial institutions and the Federal Home Loan Bank of Des Moines. Federal Home Loan Bank of Des Moines, Northwest Area Foundation Collaborate to Assist Native American Communities Member Announcements Federal Home Loan Bank of Des Moines, Northwest Area Foundation Collaborate to Assist Native American Communities Representatives from the Federal Home Loan Bank of Des Moines (FHLB Des Moines or the Bank) and the Northwest Area Foundation (the Foundation) gathered on Friday, November 10 to announce a collaboration that will provide lasting benefits to Native American communities across the country.  Local Partnership Recognized for Providing Housing to Nearly 200 Individuals in St. Paul Public Announcements Local Partnership Recognized for Providing Housing to Nearly 200 Individuals in St. Paul Congresswoman Betty McCollum joined Sunrise Banks, Catholic Charities of St. Paul and Minneapolis, and the Federal Home Loan Bank of Des Moines (FHLB Des Moines) on Friday, October 27 to celebrate a bold new vision to prevent and end homelessness.