Our Mission
To provide members with prompt, on-demand liquidity in support of housing, local community development and financial stability.
Our Values
Member-Focused
Collaborative
Diverse & Inclusive
Accountable
Results-Oriented
New York, New York — The Federal Home Loan Bank of New York (“FHLBNY”) today released its unaudited financial highlights for the quarter and year ended December 31, 2025...
I am pleased to announce that, on February 19, 2026, our Board of Directors approved a dividend for the fourth quarter of 2025 of 7.60% (annualized). The dividend proceeds will be distributed to FHLBNY member financial institutions on February 20, 2026…
New York, NY — The Federal Home Loan Bank of New York (“FHLBNY”) announced today that $93.8 million in housing grant funds is now available through the 2026 rounds of its Affordable Housing Program (“AHP”) and Homebuyer Dream Program®. The funding for these programs, which help address housing affordability, create additional housing supply and create homeownership opportunities, are allocated directly from the FHLBNY’s earnings.
Homebuyers must work directly with members to access these programs.
Discover how the Federal Home Loan Bank System is advancing its mission to provide reliable liquidity and support housing affordability across the nation – with a record $1.2 billion committed to housing and economic development in 2024.
Data released in the past week was uneven but with an overall slight bias to better-than-expected results. A slew of housing-related reports delivered mixed news. Housing starts and building permits registered hopeful gains in December, but January’s pending sales of existing homes posted a disappointing drop to a record low, and homebuilder sentiment (see chart and color in next section) declined to a multi-month low this month. Manufacturing and industrial data, meanwhile and somewhat surprisingly, posted slightly better-than-forecast levels. On the Fed front, the Minutes for the January 28th FOMC meeting were released and revealed that “almost all” viewed the funds rate as “within the range of estimates of the neutral level”, and several supported a more two-sided forward guidance to reflect the possibility of rate hikes if inflation remained at above-target levels. In this light, a near-term rate cut appears low probability.
Back by popular demand, Frank Farone, Managing Director of Darling Consulting Group, returns to join us once again for an informative session focused on Liquidity and Asset/Liability Management. Frank will address key challenges and provide actionable strategies to help FHLBNY members stay resilient and take advantage of the new rate environment now and in the months/years to come.
We are now experiencing a “higher for longer” phase in the interest-rate cycle, accompanied by an inversion in the short-to medium terms followed by a steepening (see following chart). The Fed is still in a restrictive posture, but market expectations indicate a near-term easing, however, uncertainty surrounding the potential of future heightened growth leading to elevated inflation is causing steepening at the longer-end of the curve…
With a focus on diversity and inclusion, the FHLBNY views career development not as an expense but rather an investment. Explore our wide range of opportunities available to you.
Our credit products provide member financial institutions a reliable source of liquidity so they in turn can help meet the housing finance and credit needs of their communities.
As part of our mission, the FHLBNY is committed to providing affordable housing opportunities to families and communities through our member financial institutions.
