News

We begin the new year just as we ended 2020: with our nation still grappling with a pandemic, and our region struggling through a health crisis that has caused an economic crisis. But we also carry over something else into 2021: the stable partnership between the FHLBNY and our members, a partnership that will continue to help communities across our District respond to and recover from the pandemic...

In 2020, our homes have become so much more than housing. They have become our offices, our schools and even our vacation destinations. At times, our homes have provided us with both a sense of security and a sense of escape. And they have often felt like a safe space for our loved ones in a time of crisis...

I am pleased to announce that, on November 19, 2020, our Board of Directors approved a dividend for the third quarter of 2020 of 5.10% (annualized). The dollar amount of the dividend will be approximately $79.3 million. The cash dividend will be distributed on November 20, 2020...

The Federal Home Loan Bank of New York (“FHLBNY”) is pleased to announce the publication of its 2021 Targeted Community Lending Plan and the Affordable Housing Program Implementation Plan. These two documents describe important improvements to the core Community Investment programs offered through the FHLBNY’s members for the year 2021, and both are now available on the FHLBNY’s website....

José R. González, president and CEO of the Federal Home Loan Bank of New York (FHLBNY), announced that the FHLBNY has awarded $36.9 million in subsidies to fund 46 affordable housing initiatives throughout New Jersey, New York, Puerto Rico, Connecticut and Washington, D.C. These awards are funded through the FHLBNY’s Affordable Housing Program (AHP), and will result in the creation, rehabilitation or preservation of 3,140 units, including 2,344 units dedicated to very low-income housing...

New York, NY – The Federal Home Loan Bank of New York (FHLBNY) announced today that Larry E. Thompson has been re-elected by its Board of Directors (Board) to serve as the Board’s vice chairman for a two-year term commencing January 1, 2021. Mr. Thompson, who is the former vice-chairman of The Depository Trust & Clearing Corporation, has served on the Bank’s Board as an Independent Director since January 1, 2014...

FHLBNY has updated its Member Products Guide and the Correspondent Services Manual. The Guide and the Manual detail the FHLBNY’s credit, collateral, and correspondent services standards and can assist you in finding helpful...