The FHLBank Grant Programs are open. FDM has FHLBank Down Payment Assistance available for qualified buyers. The FHLBank Affordable Housing Program (AHP) offers $17,500.00 in Down Payment Assistance to First-Time Buyers. The FHLBank Community Partners Program offers First Responders, Veterans, Active Duty Military and School Employees $20,000.00 in Down Payment Assistance. The FHLBank Workforce Housing Plus Program offers $15,000.00 in Down Payment Assistance. The Down Payment Assistance for each of these programs may be completely forgiven and not paid back. FDM has a competitive advantage compared to banks in this product. The FHLBank Program fill up quickly. Encourage your clients to see if they qualify for one of the FHLBank Programs today.
