Washington, DC – May 7, 2024 – The Council of Federal Home Loan Banks, the public voice of the Federal Home Loan Bank System (FHLBank System), today announced that the FHLBank System expects to provide approximately $1 billion in support for affordable housing and community development initiatives this year. This firmly establishes the FHLBank System as one of the largest sources of private funding for affordable housing in the United States. Read the full press release here.
