President’s Reports

June 11, 2026

Report from the President: Pivotal Support for American Homeownership

Last month, leaders from across the Federal Home Loan Banks gathered in Washington, D.C. for the 2026 FHLBank System Directors Conference. Throughout the Conference, speakers repeatedly highlighted how pivotal the FHLBanks are to driving mortgage lending across the country. As we celebrate National Homeownership Month in June, and stand just under a month away from celebrating our nation’s 250th anniversary, we are honored to play this pivotal role in something so crucial to the American story.

May 14, 2026

Report from the President: Precision – Partnership - Performance

We closed our 2026 FHLBNY Member Symposium with an impassioned and inspiring session on trust, teamwork and gratitude from John Foley, the former Blue Angel and an expert on leadership. As I listened alongside our audience of more than 150 leaders from across our membership, I was struck by how important these elements are to our cooperative. Our members trust in our ability to execute on our mission, and we deliver on that trust as one team, working together...

Press Releases

February 9, 2026

FHLBNY Opens 2026 Affordable Housing Program and Homebuyer Dream Program Rounds with $93.8 Million in Available Grant Funding

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.

Bulletins

June 15, 2026

Callable ARC Enhancement: Reduced Minimum Term for 1-Year-Left-to-Maturity Call Option

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce an enhancement to our Callable Adjustable Rate Credit Advance (Callable ARC). The Callable ARC features a one-time call option to extinguish funding early through two distinct option structures, giving members the flexibility to meet the demands of a fluctuating balance sheet. To better meet our members’ needs, the minimum term for the Callable ARC has been lowered to 2 years (from the previous 3-year term) for our 1-year-left-to-maturity call option...

May 11, 2026

2026 Small Business Recovery Grant Program

Starting May 26, the Federal Home Loan Bank of New York (FHLBNY) will offer $5 million in grant funding under the 2026 Small Business Recovery Grant (SBRG) Program. Through the SBRG Program, members will be able to provide grants of up to $10,000 to qualifying small businesses, including farms and non-profit organizations, that have faced economic challenges and/or supply-chain constraints. Funding will be limited to $50,000 per member...

April 21, 2026

Update to the Member Products Guide (April 2026)

The Federal Home Loan Bank of New York (FHLBNY) has updated its Member Products Guide (Guide). The Guide details the FHLBNY’s credit, collateral and correspondent services standards and can assist you in finding helpful information on the FHLBNY’s product and service matters (e.g., requirements for advance borrowings, eligible collateral types and service fee schedules)…