AHP

Accountable Health Partners, A Clinically Integrated Network, Signs Multi-Year Partnership with Health Catalyst to Advance Operational Improvements

Retrieved on: 
Giovedì, Novembre 2, 2023

The clinically integrated network has nearly 3,000 physician and advanced practice providers and twelve of the region's leading hospitals.

Key Points: 
  • The clinically integrated network has nearly 3,000 physician and advanced practice providers and twelve of the region's leading hospitals.
  • CINs have significant reporting responsibilities and require advanced interoperability to achieve meaningful clinical, operational, and financial improvements.
  • This multi-year deal will see the network utilize Health Catalyst's data platform and enterprise analytics tools as their single source of truth to support their complex network reporting and operational needs.
  • Our imperative is to improve quality as well as to manage costs, and we believe Health Catalyst will be a great partner in helping us do that," said Mark Cronin, COO of Accountable Health Partners.

Federal Home Loan Bank of San Francisco Announces Third Quarter 2023 Operating Results

Retrieved on: 
Giovedì, Ottobre 26, 2023

SAN FRANCISCO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (Bank) today announced its third quarter 2023 operating results.

Key Points: 
  • SAN FRANCISCO, Oct. 26, 2023 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (Bank) today announced its third quarter 2023 operating results.
  • Net income for the third quarter of 2023 was $103 million, an increase of $23 million compared with net income of $80 million for the third quarter of 2022.
  • The Bank exceeded its 4.0% regulatory requirement with a regulatory capital ratio of 7.9% at September 30, 2023.
  • The third quarter of 2023 dividend is $68 million, and the Bank expects to pay the dividend on November 9, 2023.

Federal Home Loan Bank of Atlanta Announces Third Quarter 2023 Operating Highlights

Retrieved on: 
Giovedì, Ottobre 26, 2023

ATLANTA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended September 30, 2023.

Key Points: 
  • ATLANTA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended September 30, 2023.
  • Average daily SOFR during the third quarter of 2023 was 5.24 percent compared to 2.15 percent for the same period in 2022.
  • Average advance balances were $108.5 billion for the third quarter of 2023, compared to $83.4 billion for the same period in 2022.
  • For the first nine months of 2023, the Bank originated a total of $390.4 billion of advances, thereby providing significant liquidity to its members.

Federal Home Loan Bank of Indianapolis announces third quarter 2023 dividends, reports earnings

Retrieved on: 
Giovedì, Ottobre 26, 2023

2 Each year, Federal Home Loan Banks are required to allocate to the AHP 10% of earnings, defined for this purpose as income before assessments plus interest expense on mandatorily redeemable capital stock.

Key Points: 
  • 2 Each year, Federal Home Loan Banks are required to allocate to the AHP 10% of earnings, defined for this purpose as income before assessments plus interest expense on mandatorily redeemable capital stock.
  • Total assets, at September 30, 2023, were $71.0 billion, a net decrease of $1.2 billion, or 2%, from December 31, 2022.
  • Advances outstanding, at September 30, 2023, at carrying value, totaled $34.8 billion, a net decrease of $1.9 billion, or 5%, from December 31, 2022.
  • 8 Total regulatory capital, which consists of capital stock, mandatorily redeemable capital stock and retained earnings, as a percentage of total assets.

FHLB Des Moines Announces Capital Stock Requirement Changes and Third Quarter 2023 Dividend and Financial Results

Retrieved on: 
Giovedì, Ottobre 26, 2023

On October 26, 2023, the Bank announced changes to its requirements for membership stock and activity stock on outstanding advances pursuant to its Capital Plan.

Key Points: 
  • On October 26, 2023, the Bank announced changes to its requirements for membership stock and activity stock on outstanding advances pursuant to its Capital Plan.
  • In addition, the Bank will be increasing its activity stock requirement on advances only from 4.00 percent to 4.50 percent.
  • The Board of Directors approved a third quarter 2023 dividend at an annualized rate of 8.50 percent on activity-based stock, an increase of 0.55 percent from the prior quarter, and 3.00 percent on membership stock, unchanged from the prior quarter.
  • Dividend payments totaling $123 million, based on average stock outstanding during the third quarter of 2023, are expected to be paid on November 13, 2023.

FHLBank Pittsburgh Announces Third Quarter 2023 Operating Highlights

Retrieved on: 
Giovedì, Ottobre 26, 2023

The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today unaudited financial results for the third quarter and nine months ended September 30, 2023.

Key Points: 
  • The Federal Home Loan Bank of Pittsburgh (FHLBank) announced today unaudited financial results for the third quarter and nine months ended September 30, 2023.
  • ‒ Interest income was $1,500.3 million for the third quarter of 2023, compared to $447.6 million in the same prior-year period.
  • ‒ Interest expense was $1,311.0 million for the third quarter of 2023, compared to $341.7 million in the same prior-year period.
  • Noninterest income was $14.0 million for the third quarter of 2023 compared to $4.8 million in the same prior-year period.

Media Advisory: Cadence Bank and FHLB Dallas Celebrate Opening of Affordable Apartments Helped by $750K Subsidy

Retrieved on: 
Martedì, Ottobre 24, 2023

Representatives from Cadence Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will celebrate the completion and dedication of two new residential buildings at Renewal Ranch, a faith-based residential addiction recovery program for men ages 21 and older.

Key Points: 
  • Representatives from Cadence Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) will celebrate the completion and dedication of two new residential buildings at Renewal Ranch, a faith-based residential addiction recovery program for men ages 21 and older.
  • Located on Renewal Ranch’s Houston, Arkansas, campus, the new apartments will house participants promoted to the final phase of the rehabilitation program, replacing apartments located several miles away in Conway, Arkansas.
  • FHLB Dallas provided a $750,000 Affordable Housing Program (AHP) subsidy through its member, Cadence Bank.
  • AHP funds are awarded through FHLB Dallas member institutions to assist members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing.

Comerica and FHLB Dallas Celebrate Opening of Affordable Apartments Helped by $750K in Funding

Retrieved on: 
Giovedì, Ottobre 12, 2023

It was built with the assistance of a $750,000 Affordable Housing Program (AHP) subsidy provided by the Federal Home Loan Bank of Dallas (FHLB Dallas) through one of its members, Comerica Bank.

Key Points: 
  • It was built with the assistance of a $750,000 Affordable Housing Program (AHP) subsidy provided by the Federal Home Loan Bank of Dallas (FHLB Dallas) through one of its members, Comerica Bank.
  • “We are grateful for the generous support of financial partners like FHLB Dallas whose funding via Comerica Bank made this project possible.
  • “We thank Comerica Bank and FHLB Dallas for funding affordable solutions to the housing shortage in Houston,” said Joy Horak-Brown, president and CEO of New Hope Housing.
  • “Thanks to the support of FHLB Dallas, we’ve provided gap funding to several affordable housing projects in Houston including NHH Savoy,” Mr. Baker said.

Media Advisory: Comerica Bank and FHLB Dallas Celebrate Grand Opening of Houston-Based Affordable Housing Project

Retrieved on: 
Martedì, Ottobre 10, 2023

Join Comerica Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) on Thursday, October 12, to celebrate the opening of a 120-unit, supportive housing project in Houston, Texas.

Key Points: 
  • Join Comerica Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) on Thursday, October 12, to celebrate the opening of a 120-unit, supportive housing project in Houston, Texas.
  • The apartments were built with the assistance of a $750,000 Affordable Housing Program (AHP) subsidy provided by FHLB Dallas through its member, Comerica Bank.
  • New Hope Housing (NHH) Savoy will provide families and individuals of modest income with affordable housing options in the Gulfton-Sharpstown neighborhood of Houston.
  • AHP funds assist FHLB Dallas members in financing the purchase, construction and/or rehabilitation of owner-occupied, rental or transitional housing.

Mission First Housing Group Recognized by Federal Home Loan Banks for Passing $15 Million Milestone

Retrieved on: 
Venerdì, Ottobre 13, 2023

PHILADELPHIA, Oct. 12, 2023 /PRNewswire/ -- In 1999, Mission First Housing Group ("Mission First") was awarded its first Affordable Housing Program ("AHP") grant from a Federal Home Loan Bank ("FHLBank") – receiving a $465,000 grant from FHLBank Atlanta to help build 78 affordable apartments in the Fox Chase neighborhood in Northeast Philadelphia. In the nearly 25 years since, Mission First has established additional partnerships with FHLBanks of New York, Pittsburgh and San Francisco, working with the cooperative wholesale banks' member financial institutions to successfully apply for more than $15 million in AHP grants that have been put to work creating and preserving safe, sustainable and affordable homes in Pennsylvania, New Jersey and Maryland. 

Key Points: 
  • "Since its implementation in 1990, AHP has grown to become a large and reliable source of grant funds for affordable housing.
  • Each FHLBank funds its AHP directly from earnings and housing developers across the country have access to AHP in all economic cycles.
  • Mission First Housing Group develops and manages affordable, equitable, safe, sustainable homes that support residents and strengthen communities.
  • It is part of the Federal Home Loan Bank System, a national wholesale banking network of 11 regional, stockholder-owned banks.