News by "Community News"

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. Community News Public Announcements Nearly $20 Million Awarded Through Member Impact Fund to Support Community Development Federal Home Loan Bank Des Moines joined efforts with 94 members to provide nearly $20 million to hundreds of non-profit or government agencies. 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 Announces 2024 Affordable Housing Advisory Council Appointments Federal Home Loan Bank Des Moines Board of Directors appointed three new individuals and re-appointed two individuals to the FHLB Des Moines Affordable Housing Advisory Council. Community News Public Announcements Statement from Council of Federal Home Loan Banks on FHFA's FHLBanks at 100 Report Ryan Donovan, President and CEO the Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System, today released the following statement in response to the publication of the Federal Housing Finance Agency's much anticipated report on the FHLBank S Community News Public Announcements 2023 Member and Independent Director Election Results On November 2, 2023, the Board of Directors of FHLB Des Moines reviewed the results of the 2023 Member and Independent Director Election. We are pleased to announce the election results for director terms commencing January 1, 2024. Community News Public Announcements FHLB Des Moines awards $5 Million to Support Maui Relief Efforts The devastating wildfires that struck Maui in August resulted in significant loss of life, homes and property and have left countless individuals in temporary housing. FHLB Des Moines has partnered with its Hawaii financial institution members to donate $5 million to relief efforts. Community News Member Announcements 2023 Director Election Voting Underway Voting is now open in the Federal Home Loan Bank of Des Moines 2023 Director Election. Electronic Ballots were distributed to all eligible voting members on September 20, 2023. Community News Public Announcements Member Impact Fund awards $113,000 to Guam nonprofits supporting affordable housing, community development More than $113,000 has been awarded to five organizations across Guam to support affordable housing and community development needs. Community News Public Announcements Joe Kesler Declared Elected to FHLB Des Moines Board of Directors The Federal Home Loan Bank of Des Moines (Bank) is pleased to announce that Joe Kesler was recently declared elected as a director to the Bank's board of directors. Mr. Kesler will serve as the Montana member director on the Bank's board for a four-year term commencing January 1, 2024. 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.