Bulletins
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.
Latest News
10/08/2024
Additional funding has been added to the 0% Development Advance (ZDA) Program
09/12/2024
Report from the President: Remembering FHLBNY Director Danelle M. Barrett
07/29/2024
FHLBNY Announces $5 Million in Small Business Grant Funding
01/24/2022
FHLBNY Announces Enhancements to the Rebate Program for Advances
12/03/2020
2020 Update to MPG & CSM: Member Products Guide and the Correspondent Services Manual