FHLBC - Community First

FHLBC in Your Community

Opening Doors: Brillion Townhomes

CAP Services has opened Brillion Townhomes, 24 units of affordable rental housing in Brillion, Wisconsin. The FHLBC awarded a $400,000 Affordable Housing Program subsidy to the project through American Bank and was represented at the ribbon cutting by Suzi Thackston, Community Investment Officer.

Opening Doors: Rethke Terrace

Heartland Housing, Inc. has officially opened Rethke Terrace in Madison, Wisconsin. The 60-unit project, a portion of which will be offered to veterans with histories of homelessness, provides residents with voluntary supportive services. The FHLBC awarded an $850,000 Affordable Housing Program subsidy to the project through BMO Harris Bank.

Opening Doors: A Safe Haven Veteran Village

A Safe Haven Foundation recently opened A Safe Haven Veteran Village in Chicago, Illinois. The project offers 35 units of uniquely designed permanent supportive housing for veterans and their families. The FHLBC awarded a $630,000 Affordable Housing Program subsidy to the project through MB Financial Bank.

Opening Doors: Glendale Commons

South Side Office of Concern has celebrated the opening of Glendale Commons in Peoria, Illinois. Twenty-eight newly constructed units will be offered to low-income households, those at risk for homelessness, and/or individuals affected by mental illness or developmental disabilities. The FHLBC awarded a $504,000 Affordable Housing Program subsidy to the project through Heritage Bank of Central Illinois and was represented at the event by Colleen Sheahan, AHP Operations Manager.

Opening Doors: Artist Lofts

Impact Seven and its partners hosted a ribbon cutting for Artist Lofts in Manitowoc, Wisconsin. The 40-unit project involved the adaptive reuse of the former Mirro Plant #3 and is now the highest-rated energy-efficient, multi-family green development in the history of the Wisconsin Green Built Home program. The FHLBC awarded a $540,000 Affordable Housing Program subsidy to the project through Bank Mutual. Suzi Thackston represented the FHLBC at the event.

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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.

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