Educational Resources by "affordable housing program"

Mortgage Partnership Finance Video/Webinar New Mortgage Rate Relief Program Makes Homeownership More Affordable Launched in 2024, the Mortgage Rate Relief product was designed to make homeownership attainable for borrowers at or below 80% of the FHFA Underserved Areas Data, by permanently reducing their interest rate by approximately 2 percentage points lower than the current market rate. Affordable Housing Whitepaper Down Payment Product Guide Access grant funds through FHLB Des Moines for down payment, closing costs and homeownership counseling for eligible households with incomes at or below 80% of area median income (AMI). Advances Case Study Pocket Neighborhood Provides Affordable Homeownership Opportunities for Rural Iowa Maquoketa State Bank partnered with East Central Development Corporation to develop a pocket neighborhood with help from funds they received from the Affordable Housing Program. Affordable Housing Video/Webinar Affordable Housing Project Addresses Critical Housing Needs in Alaska Cook Inlet Housing Authority, a tribally-designated housing entity, revitalizes a brownfield site to create affordable senior housing in Eagle River, Alaska, using $650,000 Affordable Housing (AHP) grant in partnership with Northrim Bank Affordable Housing Video/Webinar Affordable Housing Project in Minneapolis Empowers Residents to Find their Place American Indian Community Development Corporation in partnership with Woodlands National bank utilize $800,000 Affordable Housing Program (AHP) grant from FHLB Des Moines to open Anishinabe III in Minneapolis, MN. Affordable Housing Case Study $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. Affordable Housing Article Affordable Housing Program FAQ & Webinar Our Community Investment team answers common questions about your 2024 Affordable Housing Program (AHP) application during our live Q&A webinar held on February 28, 2024. Affordable Housing Video/Webinar Local lenders are key to addressing affordable housing needs Learn how FHLB Des Moines members utilize grants from our down payment programs and the Competitive Affordable Housing Program to clear the major hurdles of entering homeownership as well as preserve and construct affordable housing in their communities. Affordable Housing Video/Webinar Affordable Housing Program Overview In this video, we illustrate how the Affordable Housing Program has helped strengthen the foundations of community throughout the 13 states and three US Pacific Territories we serve. General Video/Webinar Serving You Since 1932: New Video Explains FHLB Des Moines Impact In our new video we break down how FHLB Des Moines functions within the FHLBank System, how we are able to provide liquidity to our members and how we will continue to be a reliable funding source during all types of economic cycles. Advances Article View Your State's Impact in Partnership with FHLB Des Moines Our new State Impact section of our website highlights the impact that members in each of our states have made in partnership with FHLB Des Moines. Affordable Housing Case Study “Nothing Short of Magical” – See how AHP funds invigorated affordable housing in Duluth, MN The former YWCA building of Duluth, Minnesota is just such a place that took years and hundreds of dedicated individuals to make a reality. While the final result is a beautiful and transformative living and gathering place, the project's beginning was beset with challenges.