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July 2, 2021

FHLBNY CICA Disaster Relief Funding Update

Since May 2020, the FHLBNY has been proud to issue approximately $650 million of at-cost, discounted advances to members for economic recovery efforts to support communities, households and small businesses across our District in response to the COVID-19 pandemic. On July 9, 2021, the FHLBNY will discontinue this offering related to the COVID-19 pandemic.

The FHLBNY will continue to offer Disaster Relief Funding discounted advances in other Federally declared, including FEMA-designated, disaster areas. FHLBNY members will continue to have access to discounted advances to fund eligible loans through the FHLBNY’s Community Investment Program (for housing-related efforts) and the Urban and Rural Development Advance programs (for economic development-related efforts).

Please contact your Relationship Managers at 212-441-6700 to learn more about these at-cost, discounted housing, economic development, or disaster relief advances.

07/11/2025	$2.8 Million in Additional Funding Added to the 0% Development Advance (ZDA) Program
04/28/2025	FHLBNY Affordable Housing Advisory Council Open Nomination Period – For 2026 Service
03/31/2025	Coming Soon: Open Nomination Period for FHLBNY's Affordable Housing Advisory Council – For Service Beginning in 2026
03/19/2025	Changes to Pledging Income Producing Commercial Loan as Collateral
03/06/2025	Amendments to the FHLBNY Capital Plan (Effective April 7, 2025)
02/19/2025	Notice of FHLB Members Selected For Community Review (Effective February 20, 2025)
02/06/2025	2025 Update to the Member Products Guide
12/30/2024	Frequent Collateral Shortfall Activity
10/08/2024	Additional funding has been added to the 0% Development Advance (ZDA) Program
08/30/2024	2024 Update to the Member Products Guide
07/22/2024	The 2024 Small Business Recovery Grant Program
06/03/2024	FHLBNY Affordable Housing Advisory Council Open Nomination Period – For 2025 Service
04/30/2024	Update to Forward Starting Advances
03/21/2024	2024 Update to the Member Products Guide (March 2024)
01/25/2024	2024 Update to the Member Products Guide & Correspondent Services Manual
01/02/2024	Introducing HDP® Plus from the FHLBNY
10/30/2023	Coming Soon: The 2023 Small Business Recovery Grant Program
10/26/2023	Municipal Bonds are Now Eligible Collateral
10/17/2023	2023 FHLBNY Board Elections Are Underway
10/05/2023	Update to the Member Products Guide & Correspondent Services Manual
09/11/2023	Introducing a New URL to Access Your FHLBNY Systems
08/23/2023	Price Incentives for Advances Executed Before Noon - Starting Tuesday, September 5, 2023
07/05/2023	FHLBNY Affordable Housing Advisory Council Open Nomination Period – For 2024 Service
06/30/2023	2023 Update to the Member Products Guide
06/05/2023	Coming Soon: Expansion of Our 0% Advance Offerings
02/22/2023	Notice of FHLB Members Selected For Community Review (Effective February 23, 2023)
01/20/2023	2023 Update to the Member Products Guide & Correspondent Services Manual
11/16/2022	Prepare for the 1Link Migration in December 2022
09/28/2022	2022 Update to MPG & CSM: Member Products Guide & Correspondent Services Manual
09/23/2022	Reintroducing Putable Advances, Fixed-Rate Advances with SOFR Cap and ARC Advances with Cap/Floor
07/05/2022	FHLBNY Affordable Housing Advisory Council Open Nomination Period
06/24/2022	Amendment to the FHLBNY Capital Plan Appendix Effective August 1, 2022
04/07/2022	Wire Transfers Migration to 1Link-IPR
01/24/2022	FHLBNY Announces Enhancements to the Rebate Program for Advances
01/03/2022	2022 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual
12/03/2021	Updates to the 2022 Fee Schedules
08/24/2021	Important Announcement for Community Lending Programs Users
07/28/2021	An Enhancement to our Callable Adjustable Rate Credit Advance (Callable ARC)
07/20/2021	RSA SecurID® for 1Link-IPR Coming Soon
07/14/2021	Important Announcement Regarding the Upcoming FHLBNY Homepage Update
07/02/2021	FHLBNY CICA Disaster Relief Funding Update
04/14/2021	Enhancements to the Refundable Municipal Letter of Credit for Members Participating in the New Jersey Department of Banking and Insurance GUDPA Program
03/01/2021	Notice of FHLB Members Selected For Community Review (Effective March 1, 2021)
02/10/2021	FHLBNY Capital Stock Purchase Requirement for Letters of Credit (Effective March 1, 2021)
02/10/2021	2021 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual
12/03/2020	2020 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual
09/02/2020	Amendments to the FHLBNY Capital Plan (Effective October 2, 2020)
07/30/2020	FHLBNY CICA Disaster Relief Funding: Eligibility Expansion
05/15/2020	Update to the Member Products Guide
06/01/2020	Enhancements to the Refundable MULOC Product
04/23/2020	FHFA Provides Guidance on PPP Loans
01/03/2020	1Link® Migration: Phase I - Interim Portal Roll-out
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FHLBNY CICA Disaster Relief Funding Update

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