FHLB Cincinnati Issues Impact Report

Throughout 2023, FHLB Cincinnati and the FHLBank System saw their influence expand significantly. In response to market stresses, we met record liquidity needs of members, demonstrating unwavering support and resilience. Our commitment to affordable housing was stronger than ever, with funding awarded to help create or preserve over 2,500 units. Contributions to the Disaster Reconstruction Program and the Carol M. Peterson Housing Fund were also increased, providing special needs households with accessibility rehabilitation and emergency repairs.

FHLB Cincinnati employees’ dedication extended beyond financial contributions. They engaged in a variety of activities, including participating in employee builds, hosting member educational conferences and mentoring interns. These efforts exemplify FHLB Cincinnati's holistic approach to community engagement and development.

FHLB Cincinnati is excited to share these achievements and more in our inaugural Report, Expanding Impact. This comprehensive report not only covers operating performance and member engagement, similar to traditional Annual Reports, but also delves deeper into housing and community investment impacts across the Fifth District. Additionally, it highlights community outreach and equal opportunity efforts.

The Report includes a variety of stories showcasing the positive differences being made in Kentucky, Ohio, and Tennessee. Readers are invited to explore these stories and see firsthand the impact FHLB Cincinnati is making.

In addition to FHLB Cincinnati’s report, the FHLBank System has released an Impact Report, detailing key data points from the past year. This includes the number of housing units and families assisted through Affordable Housing Program (AHP) contributions, the total dollar volume of System contributions to voluntary programs aimed at affordable housing and community development, and their commitment to equal opportunity.

FHLB Cincinnati's impact, both this year and every year, is made possible through the strong partnership with our members. Thank you for your continued support.