2008
Urban First-Time Homebuyer Fund
FHLB Des Moines has suspended its
2008 Urban First-Time Homebuyer Fund
program. The Bank is transferring
the $1.0 million from this program
into funding for the current
Affordable Housing Program round.
2007
Urban First-Time Homebuyer Fund
In 2007, FHLB Des Moines awarded
22 members $1 million in funds. For
further information about our 2007
recipients, see below.
For a summary of 2007 Urban
First-Time Homebuyer Funds by
state...
For a complete listing of 2007
Urban First-Time Homebuyer
recipients...
|
2007 Urban First-Time
Homebuyer Fund Forms |
Document Type (Word,
PDF or Excel) |
| Program
Guidelines |
Word |
PDF |
|
Checklist for a
Successful UFTHF Program |
Word |
PDF |
|
Income Determination
Guidelines |
Word |
PDF |
|
Calculation of Income
Worksheet |
Excel |
|
|
Instructions for
Submitting a
Certification & Draw
Request |
Word |
PDF |
Certification & Draw
Request
updated September 19, 2008 |
Word |
PDF |
|
Attachment A:
Definitions and Acronyms |
Word |
PDF |
|
|
|
|
|
Please see the
Affordable Housing Grant
Recipient Form page
for additional
resources, documents and
forms for this program.
This includes sample
retention documents and
forms for recapture of
subsidy. |
2006 Urban
First-Time Homebuyer Fund
In 2006, FHLB Des Moines
awarded 49 members $2.3 million in
funds. For further information about
the 2006 recipients, see below.
For a summary of Urban
First-Time Homebuyer Funds by
state...
For a complete list of 2006
Urban First-Time Homebuyer
recipients...
For more information about the
Urban First-Time Homebuyer
Fund...
|
2006 Urban First-Time
Homebuyer Fund Forms |
Document Type (Word, PDF
or Excel) |
| Program
Guidelines |
Word |
PDF |
|
Checklist for a
Successful UFTHF Program |
Word |
PDF |
| Income
Determination Guidelines |
Word |
PDF |
|
Calculation of Income
Worksheet |
Excel |
|
|
Instructions for
Submitting a
Certification & Draw
Request |
Word |
PDF |
Certification & Draw
Request Form
updated September 19, 2008 |
Word |
PDF |
|
Attachment A:
Definitions and Acronyms |
Word |
PDF |
|
|
|
|
|
Please see the
Affordable Housing Grant
Recipient Form page
for additional
resources, documents and
forms for this program.
This includes sample
retention documents and
forms for recapture of
subsidy. |
2008 HUD Income Guidelines
Income Guidelines for AHP Rental
or Homeownership projects. All documents are PDFs.
"Very low income" is defined as 50%
AMI and "low-income" is defined as
80% AMI.
2008
MRB Income Levels
Only for owner-occupied units.
All documents are PDFs.
2008 Native American Housing Assistance
and
Self-Determination Act (NAHASDA) Income Limits
Updated
July 31, 2008
Iowa Members OnlY On June 8, 2007, the Iowa Finance
Authority (IFA) announced that there
are FHLB Rural Down Payment
Assistance loan funds available to
all IFA Participating Lenders
through its IFA AHP Rural Down
Payment Assistance loan program.
Although IFA listed the FHLB Des
Moines’ Rural Homeownership Fund,
Urban Homeownership Fund, and Urban
First-time Homebuyer Fund as
additional approved subsidy
programs, these programs may not be
used in conjunction with the IFA AHP
Rural Down Payment Assistance loan
funds. To review the entire
announcement that was faxed to our
Iowa members, click
here.
