2014 Downpayment Plus® Programs Opening March 17 | |||
The FHLBC’s Downpayment Plus® (DPP®) and Downpayment Plus Advantage® programs are opening March 17. FHLBC members may reserve up to $560,000 in 2014 on a first-come, first-served basis to help their income-eligible customers with down payment and closing costs. The Illinois League of Financial Institutions and the Wisconsin Partnership for Housing Development, and the DPP program administrators, will provide enrollment instructions via email to eligible members soon. Attend a DPP webinar to learn more.
2014 DPP Programs Webinar
About DPP and DPP Advantage The DPP and DPP Advantage programs of the FHLBC provide forgivable grants to assist with down payment and closing costs for households with incomes at or below 80% of the area median income.
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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. We assume no obligation to update any forward-looking statements made in this newsletter. We hope you enjoyed this email communication; however, if you would like to unsubscribe please click here. Copyright © 2014, 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 trademark of the Federal Home Loan Bank of Chicago. |