| AHP Celebrates 25 Year Anniversary This year marks the 25th anniversary of the Federal Home Loan Banks’ Affordable Housing Program (AHP). AHP is one of the largest private sources of grant funds for affordable housing in the United States. Read More |
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| News |
2014 Affordable Housing Programs Announced | The FHLBC’s Board of Directors recently approved the 2014 Affordable Housing Program Implementation Plan (Plan). The Plan sets forth certain policies, guidelines, and requirements applicable to the Affordable Housing Program (AHP) of the FHLBC, as required by the FHFA’s regulations. Read More |
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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. Attend a DPP webinar to learn more. Learn More |
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2014 AHP Application Trainings: Register Today! | Join FHLBC staff at any one of the four free trainings listed below to learn more about competitive Affordable Housing Program eligibility, project feasibility, and changes to the scoring guidelines.
April 8: Stevens Point, WI
April 10: Milwaukee, WI
April 15: Springfield, IL
April 17: Rosemont (Chicago), IL
Learn More
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AHP Online Update: Act Now! | Starting later this year, disbursement requests, semi-annual progress reporting, and project completion reporting will all be done via AHP Online; therefore, it is critical that all member and sponsor contacts with a yet-to-be completed AHP project register in AHP Online. Read More |
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2014 HUD Income Limits | The U.S. Department of Housing and Urban Development has released income limits for the 2014 calendar year. These limits are used to determine income eligibility for a variety of assisted housing programs, including the FHLBC’s competitive Affordable Housing Program (AHP) and Downpayment Plus® (DPP®) Programs. New income limits are also available for the Community Investment Cash Advance (CICA) product. |
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Suzi Thackston Named Community Investment Officer | Congratulations to Suzi Thackston, Vice President, Community Investment Group of the FHLBC, for recently being named Community Investment Officer. Click here to read the press release. |
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National Interagency Community Reinvestment Conference Coming to Chicago | This premier training and networking event is March 30 through April 2 in Chicago. Click here for more information. The FHLBC is sponsoring the luncheon on March 31. We hope to see you there! Read More |
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| Advisory |
Advisory Council Member Spotlight: Cheryll Boswell, METEC | | In this Advisory Council Member Spotlight we introduce Cheryll Boswell, executive director of METEC Housing Counseling Resource Center (Peoria, IL). METEC’s mission is to empower individuals to improve their financial well-being through housing counseling, credit counseling, employment preparation, and tax preparation. Read More |
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New Appointments to the Community Investment Advisory Council | The Community Investment Advisory Council of the FHLBC consists of representatives from community and nonprofit organizations actively involved in providing or promoting affordable housing, community lending, and/or economic development in Illinois or Wisconsin. The FHLBC Board of Directors recently made appointments to the Advisory Council; each appointment is for a three-year term. Read More |
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| Calendar |
FHLBC In Your Community | Click here to view photos from recent events the FHLBC attended. |
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Upcoming Events | February 7: Westside Health Authority Annual Fundraiser
Chicago, IL | Attending and Sponsoring
February 20: Chicago Neighborhood Development Awards
Chicago, IL | Attending and Sponsoring
February 22: 40th Anniversary of Urban Planning and Policy at the University of Illinois at Chicago
Chicago, IL | Attending and Sponsoring
March 5 & 6: Illinois Institute for Rural Affairs' Rural Community Economic Development Conference
Peoria, IL | Attending, Exhibiting, Speaking, and Sponsoring
March 20: NHS Chicago Annual Awards Dinner
Chicago, IL | Attending and Sponsoring
March 30 – April 2: 2014 National Interagency Community Reinvestment Conference
Chicago, IL | Attending, Speaking, and Sponsoring
April 8: AHP Application Training
Stevens Point, WI
April 9: Milwaukee Awards for Neighborhood Development Innovation (MANDI)
Milwaukee, WI | Attending and Sponsoring
April 10: AHP Application Training
Milwaukee, WI
April 15: AHP Application Training
Springfield, IL
April 17: AHP Application Training
Rosemont, IL
April 22 & 23: Illinois Governor’s Conference on Affordable Housing
Chicago, IL | Attending, Exhibiting, and Sponsoring
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