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.
Report from the President: Liquidity is the Mission and the Means
2023 Update to the Member Products Guide & Correspondent Services Manual
FHLBNY Announces Results of 2022 Board of Director Elections
1Link® Migration: Phase I - Interim Portal Roll-out
A Review of Housing Statistics at the End of 2019