Carol M. Peterson Housing Fund and Disaster Reconstruction Program Changes

During its April 2024 meeting, the FHLB Board of Directors voted to implement the following changes to the 2024 Carol M. Peterson Housing Fund (CMPHF) and Disaster Reconstruction (DRP) programs.

• For CMPHF, the previous project limit of $200,000 and member limit of $600,000 have been eliminated. The amount available to member and sponsor organizations is no longer capped while funds remain available. A member may partner with any approved CMPHF sponsor to submit additional reservation requests.
• For DRP, the Board voted to extend the deadline for reservation requests from 24 to 48 months from the date of a declared disaster. Requests can now be submitted for eligible disasters that were declared within 48 months.

Please contact the Housing and Community Investment Department at 888-345-2246 with any questions.