News by "Community News"

Community News Public Announcements Pioneer Bank Funds First Mortgage Rate Relief Loan Two Percent Interest Rate Reduction Creates New Pathway for Homeownership in Mankato, Minnesota. Community News Member Announcements Severe Storms in Nebraska and Oklahoma (Disasters) The Division of Federal Home Loan Bank Regulation of the Federal Housing Finance Agency is issuing a Non-Objection Letter to allow vacant AHP-assisted rental units to be leased temporarily to individuals/households, who are displaced due to severe storms (disasters) in Nebraska and Oklahoma. Community News Member Announcements 2024 Director Election Members in the states of Oregon and Washington will each elect one individual to fill the one-member director seat in its respective state. Two independent director seats will be filled through a district wide election. Community News Public Announcements FHLB Des Moines Seeks Appointment for Native, At-Large Advisory Council Position Beginning June 10, 2024, Federal Home Loan Bank of Des Moines is seeking applications to appoint at-large Affordable Housing Advisory Council position that is designated to represent the affordable housing and community lending needs of Native communities. Community News Public Announcements FHLBanks Anticipate $1 Billion in Support for Affordable Housing and Community Development Initiatives in 2024 The Council of Federal Home Loan Banks announced that the FHLBank System expects to provide approximately $1 billion in support for affordable housing and community development initiatives in 2024. 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.