2026 Disaster Reconstruction Program Changes

January 23, 2026

The FHLB’s Board of Directors approved the following changes for the 2026 Disaster Reconstruction Program (DRP):

  • Increase allowed administrative fee from 10 percent to 15 percent;
  • Change the maximum first mortgage rate to 9 percent; and,
  • Change the maximum second mortgage rate to 12.5 percent.

These changes help align DRP program requirements with other FHLB Cincinnati programs to create consistency and ensure that program funds continue to aid in the support of families affected by natural disasters throughout our district.

Resources for the 2026 DRP Program are available now. 

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