What changed
The Federal Home Loan Bank of New York announced $70.9 million in Affordable Housing Program grants for its 2026 round. Combined with additional voluntary contributions, the FHLBNY has made nearly $140 million available through the AHP and related activities in 2026. The bank also launched a new Housing Impact Grant, awarding $10.3 million to six affordable housing initiatives expected to create or preserve 366 affordable homes.
Why it matters
The Federal Home Loan Bank of New York announced $70.9 million in Affordable Housing Program grants for its 2026 round. Combined with additional voluntary contributions, the FHLBNY has made nearly $14