Affordable Housing Program Overview
last updated on Wednesday, October 28, 2020 in Affordable Housing
Since the inception of the Affordable Housing Program in 1990, FHLB Des Moines has awarded more than $700 million to provide affordable housing opportunities to over 120,000 families throughout our district. The unique structure of this program outlines that 10 cents of every dollar earned by FHLB Des Moines is made available to our members to reinvest in their own communities. We like to call it the “community investment dividend”; the more our members use the cooperative, the more funds are available to invest into their local economies.
The video below helps illustrate how the Affordable Housing Program is helping to strengthen the foundations of community throughout the 13 states and three US Pacific Territories we serve.
- Affordable Housing Program
- Community Investment
- Community Investment Programs