FHLB Des Moines
The Federal Home Loan Bank of Des Moines is a wholesale cooperative bank that provides low-cost short and long-term funding and community lending to more than 1,200 members, including commercial banks, saving institutions, credit unions and insurance companies. The Bank is wholly owned by its members and receives no taxpayer funding. The Des Moines Bank serves Iowa, Minnesota, Missouri, North Dakota and South Dakota and is one of twelve regional Banks that make up the Federal Home Loan Bank System.
Contact:
FHLB Des Moines
Skywalk Level
801 Walnut Street, Suite 200
Des Moines, IA 50309-3513
Phone: 800.544.3452 or 515.281.1000
Fax: 515.281.1022
Megan Feld
Communications Coordinator
Phone: 800.544.3452, ext. 1159
Tax Credits Available to Housing Developers
BISMARCK - December 28, 2010 - (RealEstateRama) -- The Industrial Commission of North Dakota has approved the 2011 Low Income Housing Tax Credit (LIHTC) Qualified Allocation Plan, making more than $2.4 million worth of federal tax credits available to developers of affordable housing
State of North Dakota Receives $343,000 in Affordable Housing Funds
Des Moines, IA - December 28, 2010 - (RealEstateRama) -- Communities throughout the state of North Dakota were recently awarded $343,000 in affordable housing grants through the Federal Home Loan Bank of Des Moines Affordable Housing Program (AHP). The two projects slated for completion with these grants will create 47 homes for lower income families. In total, FHLB Des Moines awarded $16.4 million to 57 projects.
State of South Dakota Receives $2.6 Million in Affordable Housing Funds
Des Moines, IA - December 28, 2010 - (RealEstateRama) -- Communities throughout the state of South Dakota were recently awarded $2.6 million in affordable housing grants through the Federal Home Loan Bank of Des Moines Affordable Housing Program (AHP)....
State of Iowa Receives $3.2 Million in Affordable Housing Funds
Des Moines, IA - December 28, 2010 - (RealEstateRama) -- Communities throughout the state of Iowa were recently awarded $3.2 million in affordable housing grants through the Federal Home Loan Bank of Des Moines Affordable Housing Program (AHP). The 16 projects slated for completion with these grants will create 576 homes for lower income families. In total, FHLB Des Moines awarded $16.4 million to 57 projects.
State of Missouri Receives $5.3 Million in Affordable Housing Funds
Des Moines, IA - December 28, 2010 - (RealEstateRama) --Communities throughout the state of Missouri were recently awarded $5.3 million in affordable housing grants through the Federal Home Loan Bank of Des Moines Affordable Housing Program (AHP). The 16 projects slated for completion with these grants will create 754 homes for lower income families. In total, FHLB Des Moines awarded $16.4 million to 57 projects.
State of Minnesota Receives $5.0 Million in Affordable Housing Funds
Des Moines, IA - December 28, 2010 - (RealEstateRama) -- Communities throughout the state of Minnesota were recently awarded $5.0 million in affordable housing grants through the Federal Home Loan Bank of Des Moines Affordable Housing Program (AHP). The 15 projects slated for completion with these grants will create 545 homes for lower income families. In total, FHLB Des Moines awarded $16.4 million to 57 projects.
