Housing & Community

One of the goals at the FHLBNY is to improve the housing and economic opportunities available to families and communities. We recognize the connection between the strength of a community’s economy and its residents’ ability to afford safe, decent housing. Through our housing and community lending programs, members have access to the financing tools essential for creating a more prosperous environment. By supporting the start-up and growth of local businesses, you ensure that your communities experience steady economic growth. Together, we can continue to create opportunities that strengthen our communities.

Our attractive funding programs include:

Housing Programs

• Affordable Housing Program (AHP)
• Homebuyer Dream Program® (HDP®)
• Homebuyer Dream Program® Plus (HDP® Plus)
• Homebuyer Dream Program® Wealth Builder (HDP® Wealth Builder)

Community Lending Programs (CLP)

• Community Investment Program (CIP)
• Rural Development Advance (RDA)
• Urban Development Advance (UDA)
• Disaster Relief Funding (DRF)

Other Programs

• Small Business Recovery Grant (SBRG) Program

Our Housing and Community Lending Programs are designed to address the funding needs in the district, as identified by our members and their community partners. Each year the FHLBNY publishes its Targeted Community Lending Plan to provide an overview of the developments in the district and describes how the FHLBNY is responding to emerging challenges.