AHP

Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $850K for Rio Manor Apartments Renovation

Retrieved on: 
Thursday, March 28, 2024
Women, Seniors, Other Philanthropy, Men, Hispanic, Urban Planning, Family, Finance, Banking, Fund Raising, Consumer, Foundation, Other Construction & Property, Professional Services, Residential Building & Real Estate, Philanthropy, Commercial Building & Real Estate, Construction & Property, Organization, AHP, Wi-Fi, Investment, Oportunidades, Computer, Housing, FHLB, Federal Home Loan Banks, Multimedia, Wells Fargo, HUD, Rehabilitation

Prospera Housing Community Services (Prospera) was awarded an $850,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) through its member Wells Fargo, to help fund the renovation of Rio Manor Apartments, a 60-unit multifamily apartment community in Del Rio, Texas.

Key Points: 
  • Prospera Housing Community Services (Prospera) was awarded an $850,000 Affordable Housing Program (AHP) grant from the Federal Home Loan Bank of Dallas (FHLB Dallas) through its member Wells Fargo, to help fund the renovation of Rio Manor Apartments, a 60-unit multifamily apartment community in Del Rio, Texas.
  • View the full release here: https://www.businesswire.com/news/home/20240328255708/en/
    Representatives from organizations involved in the project break ground for Rio Manor Apartments additions in Del Rio, Texas.
  • “Wells Fargo is proud and honored to be the construction lender on this impactful project.”
    In 2023, FHLB Dallas awarded $28.4 million in AHP grants to 43 affordable housing projects.
  • “It’s great to see the AHP funds used toward a renovation that will help Del Rio residents live affordably and comfortably.”

Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $750K to CC Housing for Senior Affordable Housing Development

Retrieved on: 
Wednesday, March 27, 2024
Construction & Property, Seniors, Finance, Banking, Professional Services, Philanthropy, Consumer, Foundation, Other Philanthropy, Residential Building & Real Estate, Health, Substance abuse, CC, AHP, Catholic Charities USA, Investment, Felician Sisters, Housing, FHLB, Federal Home Loan Banks, Wells Fargo, Multimedia, Catholic Church, Rehabilitation, Real estate

FHLB Dallas awarded a $750,000 Affordable Housing Program (AHP) grant through member Wells Fargo to CC Housing to assist with construction.

Key Points: 
  • FHLB Dallas awarded a $750,000 Affordable Housing Program (AHP) grant through member Wells Fargo to CC Housing to assist with construction.
  • (Photo: Business Wire)
    CC Housing, a housing nonprofit organization based in Albuquerque, New Mexico, provides affordable housing options to low-income and special-needs families and individuals across New Mexico.
  • AHP funds assist FHLB Dallas members in financing the purchase, construction and rehabilitation of owner-occupied, rental or transitional housing and housing for homeless individuals.
  • “Wells Fargo has been instrumental in affordable housing developments in areas that need it most,” said Greg Hettrick, senior vice president and director of Community Investment at FHLB Dallas.

Media Advisory: Federal Home Loan Bank of Dallas and Wells Fargo Bank Award $1.5M for Senior Housing

Retrieved on: 
Wednesday, March 20, 2024
Commercial Building & Real Estate, Construction & Property, Seniors, Banking, Professional Services, Philanthropy, Consumer, Other Philanthropy, Other Construction & Property, Residential Building & Real Estate, FHLB, Federal Home Loan Banks, Catholic Charities USA, Wells Fargo, City, Housing, Rio Rancho, New Mexico, Catholic Church, AHP, Financial adviser

The Federal Home Loan Bank of Dallas (FHLB Dallas) will join Wells Fargo Bank (Wells Fargo) tomorrow at a groundbreaking ceremony for Felician Village II, a three-story, 66-unit housing development for those 55 and older.

Key Points: 
  • The Federal Home Loan Bank of Dallas (FHLB Dallas) will join Wells Fargo Bank (Wells Fargo) tomorrow at a groundbreaking ceremony for Felician Village II, a three-story, 66-unit housing development for those 55 and older.
  • FHLB Dallas awarded the project a $1.5 million in Affordable Housing Program (AHP) grant to be used for construction.
  • The funds, which were awarded through FHLB Dallas member, Wells Fargo, are part of $28.4 million in AHP grants provided by FHLB Dallas through its member financial institutions in 2023.
  • The media is encouraged to attend the groundbreaking ceremony at Felician Village, which will include representatives from the City of Rio Rancho, FHLB Dallas and CC Housing, a division of Catholic Charities.

$1 Million to Benefit Red Lake Reservation Housing Authority Through Federal Home Loan Bank of Des Moines’ Affordable Housing Program

Retrieved on: 
Wednesday, March 20, 2024
Commercial Building & Real Estate, Construction & Property, Finance, Banking, Professional Services, Philanthropy, Fund Raising, Foundation, Residential Building & Real Estate, Red Lake Indian Reservation, Organization, AHP, Partnership, Alaska Natives, Meta, Economic development, Native, Private sector, Insurance, Federal Home Loan Banks, Housing, FHLB, Multimedia, Rehabilitation, Bank

The Federal Home Loan Bank of Des Moines (FHLB Des Moines) partnered with its member First National Bank Bemidji to award Red Lake Reservation Housing Authority (RLRHA) a $1 million grant to support the construction of nearly 30 new three-bedroom single-family units on the Red Lake Reservation in Minnesota.

Key Points: 
  • The Federal Home Loan Bank of Des Moines (FHLB Des Moines) partnered with its member First National Bank Bemidji to award Red Lake Reservation Housing Authority (RLRHA) a $1 million grant to support the construction of nearly 30 new three-bedroom single-family units on the Red Lake Reservation in Minnesota.
  • View the full release here: https://www.businesswire.com/news/home/20240320834034/en/
    The Federal Home Loan Bank of Des Moines partnered with its member First National Bank Bemidji to award Red Lake Reservation Housing Authority a $1 million grant to support new housing on the Red Lake Reservation in Minnesota.
  • (Photo: Business Wire)
    Red Lake Reservation is owned and occupied entirely by members of the Red Lake Band of Chippewa Indians — the only such reservation in Minnesota.
  • The proposed project units will be located in four communities on the Red Lake Reservation: Red Lake, Little Rock, Redby and Ponemah.

Media Advisory: FHLB Dallas and Wells Fargo Award $850K for Rio Manor Apartments Renovation

Retrieved on: 
Thursday, March 21, 2024
Construction & Property, Finance, Banking, Professional Services, Philanthropy, Environmental, Social and Governance (ESG), Other Philanthropy, Other Construction & Property, Residential Building & Real Estate, Federal Home Loan Banks, Wells Fargo, Oportunidades, AHP, FHLB

The Federal Home Loan Bank of Dallas (FHLB Dallas) will join Wells Fargo Bank (Wells Fargo) at a groundbreaking ceremony for a 60-unit affordable apartment complex in Del Rio, Texas, on Friday.

Key Points: 
  • The Federal Home Loan Bank of Dallas (FHLB Dallas) will join Wells Fargo Bank (Wells Fargo) at a groundbreaking ceremony for a 60-unit affordable apartment complex in Del Rio, Texas, on Friday.
  • The AHP funds will be used for the reconstruction of Rio Manor Apartments, a 46-year-old multifamily apartment community.
  • The funds were awarded to Prospera Housing Community Services (Prospera) through Wells Fargo, an FHLB Dallas member institution.
  • The media is encouraged to attend the groundbreaking ceremony, which will include representatives from Wells Fargo, Rio Manor and Prospera.

AHP Backed Prolerity Clinical Research Appoints Jeff Williams as CEO

Retrieved on: 
Tuesday, March 12, 2024
Growth, Practice management, AHP, Cardiology, Patient, CNS, Tandem, Gastroenterology, DSM-IV codes

NEW YORK, March 12, 2024 /PRNewswire/ -- AHP announced today that it has appointed Jeff Williams as Chief Executive Officer for Prolerity Clinical Research ("Prolerity"), a clinical research site management network.

Key Points: 
  • NEW YORK, March 12, 2024 /PRNewswire/ -- AHP announced today that it has appointed Jeff Williams as Chief Executive Officer for Prolerity Clinical Research ("Prolerity"), a clinical research site management network.
  • Prolerity currently owns and operates 11 research sites across Louisiana, Florida, New Jersey, and New York.
  • Previously, Jeff co-founded Clinipace Worldwide, a contract research organization where he served as CEO for 14 years.
  • Most recently he was CEO of MindPath Care Centers, a PE backed outpatient behavioral health platform serving the southeast United States.

Congressman Gomez Joins the Federal Home Loan Bank of San Francisco To Address Affordable Housing Crisis in Los Angeles

Retrieved on: 
Thursday, February 22, 2024
Federal Home Loan Banks, Bank, City, AHP, Letter, CA-34, Legislation, Congress, Housing, Property management

LOS ANGELES, Feb. 22, 2024 (GLOBE NEWSWIRE) -- In a significant effort to address the pressing issue of housing affordability in Los Angeles, Congressman Jimmy Gomez (CA-34) joined with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) for a roundtable discussion today in Los Angeles.

Key Points: 
  • LOS ANGELES, Feb. 22, 2024 (GLOBE NEWSWIRE) -- In a significant effort to address the pressing issue of housing affordability in Los Angeles, Congressman Jimmy Gomez (CA-34) joined with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco) for a roundtable discussion today in Los Angeles.
  • “I am proud of what my office has done to use federal dollars to fund affordable housing projects in Los Angeles.
  • "We are intently focused on helping to solve the affordable housing crisis in Los Angeles,” said Teresa Bryce Bazemore, president and chief executive officer of FHLBank San Francisco.
  • Since 1990, the Bank has awarded $1.3 billion in AHP grants to construct, preserve, or purchase over 150,000 units of quality rental and owner-occupied affordable housing.

Federal Home Loan Bank of Indianapolis Announces Fourth Quarter 2023 Dividends, Reports Earnings

Retrieved on: 
Thursday, February 22, 2024
Bank, Investment, Federal Home Loan Banks, Growth, AHP, Sale, Housing, Insurance, Risk, Security (finance)

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 December 31, 2023, were $76.6 billion, a net increase of $4.3 billion, or 6%, from December 31, 2022, primarily due to purchases of investments.
  • Advances outstanding, at December 31, 2023, at carrying value, totaled $35.6 billion, a net decrease of $1.1 billion, or 3%, 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.

Federal Home Loan Bank of Atlanta Announces Preliminary Fourth Quarter and Annual 2023 Financial Results

Retrieved on: 
Thursday, February 22, 2024
Federal Home Loan Banks, Form 10-K, Bank, AHP, Security (finance), Housing, Cryptocurrency

ATLANTA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter and year ended December 31, 2023.

Key Points: 
  • ATLANTA, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter and year ended December 31, 2023.
  • All numbers reported below for 2023 are approximate until the Bank announces audited financial results in its Form 10-K, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about March 8, 2024.
  • Net income for the fourth quarter of 2023 was $174 million, an increase of $100 million, compared to net income of $74 million for the same period in 2022.
  • Average daily SOFR during the fourth quarter of 2023 was 5.32 percent compared to 3.62 percent for the same period in 2022.

Federal Home Loan Bank of San Francisco Announces Annual and Fourth Quarter 2023 Operating Results

Retrieved on: 
Wednesday, February 21, 2024
SAN, Philosophy, Economic development, Federal Home Loan Banks, Bank, AHP, Housing, Investment

SAN FRANCISCO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (Bank) today announced its unaudited annual and fourth quarter 2023 operating results.

Key Points: 
  • SAN FRANCISCO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- The Federal Home Loan Bank of San Francisco (Bank) today announced its unaudited annual and fourth quarter 2023 operating results.
  • Net income for 2023 was $539 million, an increase of $216 million compared with net income of $323 million for 2022.
  • Net income for the fourth quarter of 2023 was $120 million, an increase of $3 million compared with net income of $117 million for the fourth quarter of 2022.
  • For the fourth quarter of 2023, net income was $120 million, an increase of $3 million compared to the same period during the prior year.