Housing Programs
The FHLBNY is committed to providing affordable housing opportunities to families and communities through our members.
Note: The FHLBNY does not offer funding directly to homeowners or organizations. For more information on AHP, visit the AHP section. First-time homebuyers interested in HDP®, contact an approved member so they can determine eligibility.
Affordable Housing Program (AHP)
The AHP provides subsidized advances and grants to our members to help households earning 80% or less of the area median income purchase or maintain their homes. It also enables organizations to purchase, rehabilitate, or construct apartment buildings in which at least 20% of the units are affordable to households earning 50% or less of the area median income.
