 | Nearly $22 Million Awarded Through 2014 Competitive Affordable Housing Program
The Federal Home Loan Bank of Chicago (FHLBC) recently announced awards of nearly $22 million through its competitive Affordable Housing Program (AHP) to help finance nearly 1,700 units of affordable housing in 43 projects, all but one located in Illinois or Wisconsin.
Learn More and Read a Summary of the 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 member institutions 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 may receive up to $10,000 in recognition of their outstanding community investment achievements.
The deadline for member institutions to submit nominations is January 30, 2015. Access the nomination form here. For questions regarding the nomination form please email tklont@fhlbc.com.
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| IFF Named Community First® Fund Partner | | The FHLBC announced in October that IFF, a community development financial institution and member of the FHLBC, has been named a partner of the Community First® Fund and is the recipient of a $10 million, 10-year loan. Click here to read the press release. |
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| AHP Online Update and New Guide | | Additional enhancements have been made to AHP Online, the FHLBC’s online project management system for Affordable Housing Program (AHP) members and sponsors. Click here for more details. |
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| Regional Housing Forum Brings Community Development Leaders Together | | The FHLBC and the National Housing Conference welcomed more than 150 members, community partners, and other industry stakeholders to a regional housing forum on October 22, 2014, in Chicago.
The forum—the first of its kind for the FHLBC—offered timely and thoughtful discussion about the housing boom, bust, and ongoing recovery; the potential for reviving neighborhoods; the social return on investments in housing; and emerging service-enriched housing models. After a successful day of collaborative dialogue, participants left with innovative ideas and new connections.
A gallery of photos from the event has been posted online. A webcast of the forum is also available.
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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: Joy Aruguete, Jim Hill, Mary Patoka, Katrina Van Valkenburgh, and Irma Yepez Klassen. 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 FHLBC’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 Board will make appointments to the 2015 Advisory Council.
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 | | Advisory |
| Advisory Council Spotlight: Diane Schobert, Community Enrichment Consulting |  | In this Advisory Council Spotlight we feature a message from Diane Schobert, principal at Community Enrichment Consulting. Diane is completing her second term as Chair of the Community Investment Advisory Council.
Read More |
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 | | Calendar |
| FHLBC In Your Community | | Click here to view photos from recent events the FHLBC attended in Madison, WI, Necedah, WI, Chicago, IL, and Milwaukee, WI. |
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