News by "press releases"

Community News Public Announcements FHLB Des Moines Awards Nearly $9 Million to Support Affordable Housing and Community Development in Washington FHLB Des Moines Awards Nearly $9 Million to Support Affordable Housing and Community Development in Washington Business News Member Announcements Council of Federal Home Loan Banks Hails FHFA Report Highlighting Impact Delivered by Federal Home Loan Banks Council of Federal Home Loan Banks Hails FHFA Report Highlighting Impact Delivered by Federal Home Loan Banks Business News Public Announcements Federal Home Loan Banks Present Housing Supply Recommendations On August 29, 2024, the Federal Home Loan Banks presented the U.S. Department of Treasury a range of housing supply recommendations where the FHLBanks, the Federal Housing Finance Agency and the Treasury can collaborate to help address housing issues currently facing the nation. 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 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 Wyoming Nonprofits Receive $4.6 Million in Grant Funding More than $4.6 million has been awarded to hundreds of nonprofit and government agencies across Wyoming to support affordable housing and community development needs. This state-wide outreach was available through the Federal Home Loan Bank of Des Moines (FHLB Des Moines) Member Impact Fund. Community News Public Announcements Nearly $15 Million Awarded Through Member Impact Fund to Support Community Development Federal Home Loan Bank Des Moines joined efforts with 85 members to provide nearly $15 million to hundreds of non-profit or government agencies. This new member-matching grant program is designed to offer eligible organizations critical financial support for affordable housing. Community News Public Announcements FHLB Des Moines Announces New Relationship Manager for Insurance Segment FHLB Des Moines is pleased to announce Laura Beebe joined the Bank on November 8, 2021 as a vice president, relationship manager responsible for working with the Bank's insurance membership. Business News Public Announcements FHLB Des Moines and Together Credit Union Complete First eNote Transaction The Missouri-based member completed their digital transaction in February. “We are thrilled to have achieved this significant milestone, both as an institution and as a member of FHLB Des Moines,” said Larry Jackson, vice president of real estate lending at Together Credit Union.