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FHLB Des Moines Seeks Appointment for Native, At-Large Advisory Council Position

Beginning June 10, 2024, Federal Home Loan Bank of Des Moines (FHLB Des Moines) is seeking applications to appoint an at-large Affordable Housing Advisory Council (Advisory Council) position that is designated to represent the affordable housing and community lending needs of Native communities.

The Advisory Council totals 15 leaders who actively provide or promote affordable housing or community lending. Serving on the Advisory Council is one representative from each of the 13 states in FHLB Des Moines’ district as well as two at-large positions, one to represent homelessness and another to represent Native peoples.

Approximately 20% of the FHLB Des Moines’ Affordable Housing Program grants support Native housing; additionally, they offer down payment assistance designated for Tribal members, Native Hawaiians, and Alaska Natives.

“Including Native voices on the Advisory Council is instrumental for ensuring our affordable housing products continue to provide effective financing solutions for Indian Country and Native communities throughout our large and diverse district.” said Jennifer Ernst, Community Investment Director for FHLB Des Moines. Juel Burnette, an enrolled member of the Rosebud Sioux Tribe and branch manager with 1st Tribal Lending announced his decision not to stand for re-election. “Juel has been a tremendous resource for informing the ways in which the FHLB Des Moines’ programs can be most responsive on Native lands and for Native people; we extend our gratitude for his contributions while serving on the Advisory Council.”

The term of service for the new Advisory Council member will begin on January 1, 2025 and conclude on December 31, 2027.

Qualified applicants must represent community and nonprofit organizations actively involved in providing or promoting low- and moderate-income housing or community lending; have experience supporting Native communities; and must reside within FHLB Des Moines’ district.

Applications will be accepted through Friday, August 2, 2024. Employees or a member of the Board of Directors for a FHLB Des Moines member financial institution are not eligible to apply. To view eligibility and the application form, please visit our website.

Download press release here: https://www.fhlbdm.com/webres/File/about/AHAC%20Appointment_Press%20Release.pdf

https://www.fhlbdm.com/news/community-news/appointment-for-advisory-council/

 

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