by Council of FHLBanks | Sep 29, 2022 | Affordable Housing Program, FHFA, FHLBanks, Press Releases, Uncategorized
WASHINGTON, DC (Sept. 28, 2022) — The Federal Home Loan Bank (FHLBank) System is a “mission-driven, community-centered, and member-focused system” that works to support housing, jobs, and economic growth in all economic cycles, FHLBank Council President and CEO...
by Council of FHLBanks | Sep 27, 2022 | Affordable Housing Program, FHFA, FHLBanks, Press Releases, Uncategorized
The Federal Housing Finance Agency (FHFA) today released its annual report on the low-income housing and community development activities of the Federal Home Loan Banks (FHLBanks). Among the highlights covered in the 2021 report are the FHLBanks’ activities and...
by Council of FHLBanks | Sep 17, 2021 | Affordable Housing Program, FHLBanks, Press Releases
In 2020, the Federal Home Loan Banks contributed nearly $400 million towards affordable housing, supporting 41,511 housing units across more than $6.5 billion of project development cost. This support was made possible through the FHLBanks’ Affordable Housing Program,...