 | | Federal Home Loan Bank of Chicago | Community Investment Newsletter | December 2015 | |
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 | A Record $29.4 Million Awarded Through Competitive Affordable Housing Program
On the 25th anniversary of the Affordable Housing Program (AHP), the FHLBC is proud to announce the largest amount it has ever awarded in a single round. Learn more and view descriptions of the 2015 AHP awards. |
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 | | News |
| Community First® Award Nominations Now Open | The annual Community First® Awards were established to celebrate the success of FHLBC members and their local partners as they work together to strengthen the communities they serve. The awards include four categories: Partnership, Project or Program, Pioneer, and Emerging Leader. Award recipients identify a non-profit organization to receive up to $10,000 on their behalf. The submission deadline for 2016 nominations is Friday, January 22, 2016. Access the nomination form here.
Click here to see our 2015 award winners. |
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| Downpayment Plus® Programs Update | The 2015 Downpayment Plus® (DPP®) programs opened in March with a $17.4 million allocation; they are now fully reserved and a waitlist is not being maintained.
If you haven’t already familiarized yourself with the exciting changes ahead for DPP, please review them here. Additional details will be announced in future issues of Community First. |
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 | | Advisory |
| Reflections from the Advisory Council |  | Click here to read a message from the leadership of the Bank’s Community Investment Advisory Council as the Chair and Vice-Chair look back on 2015 and the opportunities ahead. |
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| Advisory Council Members Recognized for Service | The FHLBC recently recognized five professionals for completing a term of service on the Bank’s Community Investment Advisory Council: Cheryll Boswell, Todd Mandel, Nancy McKenzie, Jacques Sandberg, and Diane Schobert. View their photo here.
The Advisory Council consists of representatives actively involved in providing or promoting affordable housing, community economic development, and/or community lending in Illinois or Wisconsin. The Council meets quarterly with representatives from the Bank’s Board of Directors to advise the Bank on ways it can better carry out its housing finance and community investment missions. At its December meeting, the FHLBC Board will make appointments to the 2016 Advisory Council. |
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 | | Calendar |
| FHLBC In Your Community | | Click here to view photos from recent events the FHLBC has attended. |
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Federal Home Loan Bank
of Chicago |
200 East Randolph Drive
Chicago, IL 60601
www.fhlbc.com |
This newsletter contains forward-looking statements which are based upon our current expectations and speak only as of the date hereof. These statements may use forward-looking terms, such as "anticipates," "believes," "expects," "could," "plans," "estimates," "may," "should," "will" or their negatives or other variations on these terms. We caution that, by their nature, forward-looking statements involve risk or uncertainty, that actual results could differ materially from those expressed or implied in these forward-looking statements, and that actual events could affect the extent to which a particular objective, projection, estimate, or prediction is realized. These forward-looking statements involve risks and uncertainties including, but not limited to, the risk factors set forth in our periodic filings with the Securities and Exchange Commission, which are available on our website at www.fhlbc.com.
Copyright © 2015, Federal Home Loan Bank of Chicago. "Downpayment Plus," "DPP," "Downpayment Plus Advantage," and "DPP Advantage" are registered trademarks of the Federal Home Loan Bank of Chicago. "Community First" is a registered trademark of the Federal Home Loan Bank of Chicago. |
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