Create Opportunities That Strengthen Your Communities
2022 Community Investment Program Webinar
This webinar is designed to provide our member institutions and valued housing partners with pertinent updates on the FHLBNY’s community investment products (i.e. Affordable Housing Program (AHP) General Fund, Homebuyer Dream Program® (HDP®), and Community Lending Plan (CLP)), events, and deadlines for 2022.
|CI Webinar Video||CI Webinar Presentation|
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:
Community Lending Programs (CLP)
- Community Investment Program (CIP)
- Rural Development Advance (RDA)
- Urban Development Advance (UDA)
- Disaster Relief Funding (DRF)
- Business Development Advance (BDA)
CLP Advances are the lowest priced source of FHLBNY funding provided to support home financing, housing, and commercial and economic development activities.
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.
For more information regarding these programs and how they can potentially help increase your profitability, enhance CRA performance, and improve your community visibility and public relations, please contact our Community Investment Department at (212) 441-6850.