The Federal Home Loan Bank of New York reported net income of $599.8 million for 2025, down 18.8% from $738.5 million in 2024. Net interest income fell 13.7% to $851.8 million, driven by an 85 basis point decrease in yield on average earning assets and an $8.9 billion decline in average advances balances. Total assets stood at $156.5 billion as of 31 December 2025, down 2.4% from the previous year. Advances decreased 13.1% to $92.5 billion. Return on average equity was 7.25% for the year, compared to 8.49% in 2024. The FHLBNY allocated $66.7 million from 2025 earnings to its Affordable Housing Programme and set aside an additional $48.3 million for voluntary affordable housing and community development initiatives. The bank remained compliant with regulatory capital ratios and liquidity requirements.

The Federal Home Loan Bank of New York has invested $225 million in a New York City Housing Development Corporation bond issuance to help create, rehabilitate or preserve 6,320 units of affordable housing. This follows a $150 million bond purchase in June 2025 supporting over 2,250 homes. The investment will fund nine senior loans under the ELLA programme for extremely low and low-income housing, preservation programme financing, and rehabilitation of 3,595 public housing units through HDC's PACT programme. Affordability levels reach as low as 30% of area median income. Over 25 years, FHLBNY has invested $1.66 billion in HDC bonds, supporting 70,000 homes across New York City. The partnership reflects both organisations' focus on addressing housing affordability and supply challenges.