Bulletins

April 5, 2018

FHLBNY’s Affordable Housing Program 2018

The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that approximately $45 million in housing grants will be available for the Affordable Housing Program (AHP) 2018 Competitive Round. The application package is now available, and applications must be received by 5:00 p.m. ET on Friday, May 25, 2018.

AHP funds are awarded to Members who submit applications on behalf of project sponsors who are planning to purchase, rehabilitate, or construct affordable homes or apartments (owner-occupied or rental units). Funds are awarded through an annual competitive process, with final award announcements being made by year end.

(The details of the competitive process could be found at fhlbny.com/ahp2018)

We strongly encourage you to review the 2018 AHP Implementation Plan and tutorials, and we look forward to working with you to address the diverse affordable housing needs of your communities.

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04/20/2018	Member Products Guide & Correspondent Services Manual Update: The FHLBNY has updated its Member Products Guide and the Correspondent Services Manual. The Guide and Manual detail the FHLBNY’s credit, collateral and correspondent services standards and can assist members in finding helpful information on the FHLBNY's Business Lines.
04/05/2018	Affordable Housing Program 2018: The Federal Home Loan Bank of New York is pleased to announce that approximately $45 million in housing grants will be available for the Affordable Housing Program 2018 Competitive Round.
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Bulletins

FHLBNY’s Affordable Housing Program 2018

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