Affordable Housing Program System

In preparation for the launch of the FHLBNY’s 2022 Affordable Housing Program (“AHP”) General Fund Round, we determined that our new AHP system – launched earlier this year – is not currently able to offer the level of service we had envisioned for our members and housing partners. As such, we have opted to revert to the FHLBNY’s prior AHP process. This decision will not impact the 2022 AHP General Fund Round nor our ability to serve our members as we work together to support affordable housing opportunities across our region and beyond.