2016 Competitive AHP Applications: By the Numbers | |||
July 7, 2016 For 26 years, members of the Federal Home Loan Bank of Chicago (FHLBC) have partnered with community developers and public agencies to apply for Affordable Housing Program (AHP) subsidies. These grants are awarded to the highest-scoring projects through a competitive process until the funds are exhausted. The 2016 competitive round closed on June 17. Some member and sponsor applicants will receive a request for clarification during one of the following weeks:
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Federal Home Loan Bank of Chicago | |||
200 East Randolph Drive Chicago, IL 60601 www.fhlbc.com |
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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. |