HUD Income Limits Now Available

April 10, 2020

The United States Department of Housing and Urban Development (HUD) has released income limits for 2020. Effective April 10, these limits are used to determine income eligibility for the Federal Home Loan Bank of Chicago’s competitive Affordable Housing Program, Downpayment Plus® Programs, and Community Advances.
 
Please contact Community Investment at 312-565-5824 or ci@fhlbc.com with any questions.     
 
Federal Home Loan Bank of Chicago
200 East Randolph Drive
Chicago, IL 60601
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This advisory 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 advisory.