Affordable Housing Program and Voluntary Contributions

6 Months Ended

Jun. 30, 2026

Note 13. Affordable Housing Program and Voluntary Contributions.

The FHLBNY charges the amount allocated for the Affordable Housing Program to expense and recognizes it as a liability. The

FHLBNY relieves the AHP liability as members use the subsidies.

The following table presents a roll-forward of Affordable Housing Program liabilities (in thousands):


	Three months ended June 30,		Six months ended June 30,
	2026	2025	2026	2025
Beginning balance	$251,778	$236,140	$247,824	$231,447
Additions from current period’s assessments	17,053	17,023	34,164	34,330
Net disbursements for grants and programs	(17,040)	(21,511)	(30,197)	(34,125)
Ending balance	$251,791	$231,652	$251,791	$231,652

In addition to statutory AHP assessments, the Bank voluntarily contributed $15.6 million year-to-date, to support voluntary housing

and community development programs. Included in this amount is $4.8 million worth of interest rebates for our Zero Percent

Advance (“ZPA”) program which recognizes the interest rebate within Net Interest Margin.

The following table presents a roll-forward of voluntary contributions liabilities (in thousands):


	Three months ended June 30,		Six months ended June 30,
	2026	2025	2026	2025
Beginning balance	$2,572	$2,552	$1,474	$559
Voluntary Contribution	7,991	4,246	10,742	7,318
Net disbursements for grants and programs	(8,354)	(4,210)	(10,007)	(5,289)
Ending balance	$2,209	$2,588	$2,209	$2,588