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FHLBank New York Adds $10.3 Million Grant Program for 366 Affordable Homes

FHLBank New York Adds $10.3 Million Grant Program for 366 Affordable Homes

by John G. Stevens | Sep 24, 2026 | Real Estate News, U.S. Housing Market

The Federal Home Loan Bank of New York is putting another $10.3 million into six affordable housing projects after the developments cleared its 2026 Affordable Housing Program eligibility review but did not receive awards from that fund. The bank announced the...
Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative

Federal Home Loan Bank of New York Invests $225 Million in NYC Affordable Housing Initiative

by Phil Hall | Dec 22, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of New York (FHLBNY) announced a $225 million investment in a New York City Housing Development Corporation (HDC) bond issuance designed to create, rehabilitate, or preserve 6,320 units of affordable housing across an array of HDC’s housing...
Leadership Changes at Federal Home Loan Bank of New York

Leadership Changes at Federal Home Loan Bank of New York

by Phil Hall | Dec 3, 2024 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of New York (FHLBank New York) announced that President and CEO José R. González will retire on April 4, 2025, with Randolph C. Snook, CEO of the FHLBanks Office of Finance, coming on board as his successor. Snook will join FHLBank New York...
Larry E. Thompson to Become FHLBNY Board Chairman

Larry E. Thompson to Become FHLBNY Board Chairman

by Phil Hall | Nov 17, 2023 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of New York (FHLBNY) announced the election of Larry E. Thompson as chairman of its board of directors. Thompson’s term as chairman will begin on Jan. 1, 2024, and run for two years. He is the former vice chairman of The Depository Trust...
FHLBNY Awards $42 Million for 42 Affordable Housing Initiatives

FHLBNY Awards $42 Million for 42 Affordable Housing Initiatives

by Phil Hall | Aug 23, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of New York (FHLBNY) has awarded $41.98 million in subsidies to fund 42 affordable housing initiatives. The projects being funded are located in New York, New Jersey, Connecticut, Pennsylvania, Florida, Texas, California, Puerto Rico and the...

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