Affordable Housing Program and Voluntary Contributions

9 Months Ended

Sep. 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 September 30,		Nine months ended September 30,
	2026	2025	2026	2025
Beginning balance	$251,791	$231,652	$247,824	$231,447
Additions from current period’s assessments	17,525	17,767	51,689	52,097
Voluntary Contribution	2,445	—	2,445	—
Net disbursements for grants and programs	(15,714)	(19,119)	(45,911)	(53,244)
Ending balance	$256,047	$230,300	$256,047	$230,300

In addition to statutory AHP assessments and voluntary AHP contributions, the Bank voluntarily contributed $23.8 million year-to-

date, to support voluntary housing and community development programs. Included in this amount is $7.8 million worth of interest

rebates for our Zero-Percent Development Advance (“ZDA”) 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 September 30,		Nine months ended September 30,
	2026	2025	2026	2025
Beginning balance	$2,209	$2,588	$1,474	$559
Voluntary Contribution	5,238	6,306	15,980	13,624
Net disbursements for grants and programs	(5,630)	(7,581)	(15,637)	(12,870)
Ending balance	$1,817	$1,313	$1,817	$1,313