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Bank Announces Annual and Quarterly Operating Results
On February 22, 2010, the Bank announced operating results (PDF) for 2009 and the fourth quarter of 2009. These results are further discussed in a Q&A.
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2010 AHP Round A: Apply Now
Applications for Round A of the 2010 Affordable Housing Program (AHP) competition are now being accepted. The deadline for submitting an application is Thursday, April 1, 2010.
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Bank's Board of Directors Appoints Three New AHAC Members
The newest members of the Bank's Affordable Housing Advisory Council (AHAC) are Jasmine Borrego of TELACU, Joel Jacinto of Search to Involve Pilipino Americans (SIPA), and Dean Matsubayashi of Little Tokyo Service Center Community Development Corporation (LTSC).
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Bank's Standby Letters of Credit Support a Wide Variety of Tax-Exempt Bond Projects
The Bank announced that it has issued, on behalf of member financial institutions, 13 Standby Letters of Credit (LOCs), totaling $167 million, to support non-housing related tax-exempt bond issuances for public-purpose and industrial development projects.
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Bank Announces $35.3 Million Awarded in 2009 AHP Round B
The Bank has awarded $35.3 million in Affordable Housing Program (AHP) grants in 2009 Round B. The funds will support 49 projects and generate 3,458 units of affordable housing in Arizona, California, Colorado, Idaho, Oklahoma, and Texas.
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Combined Bank and FHA Programs Expand Homeownership Opportunities for Lower-Income Families
The Bank's WISH and IDEA matching grant first-time homebuyer programs can be used in conjunction with the FHA Streamlined 203(k) rehabilitation program to purchase and rehabilitate affordable homes.
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Bank Awards Over $1 Million in AHEAD Grants
The 2009 AHEAD grants will fund a wide array of innovative initiatives that foster strong communities and stimulate economic development in communities served by our members.
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Regulatory Actions Relating to FHLBanks
Members and other interested parties may wish to comment on recent regulatory actions.
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