Congratulations to our board member, Andrea Zopp, on receiving Impact for Equity's 2024 Champion of Public Interest Award! We are inspired by your passion advancing economic opportunity across the Greater Chicago Area. #FHLBankChicago #EconomicDevelopment
Federal Home Loan Bank of Chicago
Banking
Chicago, IL 10,213 followers
Providing competitively priced funding and support for community investment activities to our members in IL and WI
About us
Our Mission: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for their community investment activities.
- Website
-
http://www.fhlbc.com
External link for Federal Home Loan Bank of Chicago
- Industry
- Banking
- Company size
- 201-500 employees
- Headquarters
- Chicago, IL
- Type
- Privately Held
- Founded
- 1932
- Specialties
- Financial Services, Access to Secondary Mortgage Market, and Community Investment Programs
Locations
-
Primary
433 West Van Buren Street
Suite 501S
Chicago, IL 60607, US
Employees at Federal Home Loan Bank of Chicago
Updates
-
This week, the Council of Federal Home Loan Banks announced that the System of FHLBanks collectively anticipates it will provide $1 billion in support of affordable housing and community investment initiatives in 2024.
-
We had a wonderful time connecting with our members at our recent Mortgage Roundtable and Golf Outings. These events offered an excellent opportunity for us to come together to discuss what’s ahead in the economy as well as how our members can leverage our Mortgage Partnership Finance Program products to support their communities. Thank you to all who joined us!
-
Congratulations to the Housing Opportunity Development Corporation for breaking ground on Zion Woods — a new affordable housing development that will provide 25 homes for families and individuals in Deerfield, Illinois. We are proud to have supported this project with a $625,000 Affordable Housing Program (AHP) grant through our member Village Bank & Trust. Our 2024 AHP General fund is currently open and accepting applications until June 14 — learn more about the program on our website: https://bit.ly/2JuWgFp
We've been sharing posts about our Zion Woods groundbreaking. Now you can read quotes from key community leaders and see pictures of the day! Click on this link to get more info! On April 23rd, over 70 community members came together to celebrate the groundbreaking of Zion Woods in Deerfield - 25 new affordable homes with accessibility features for families and individuals with disabilities. #HODC #AffordableHousing #WorkforceHousing #SupportiveHousing #IllinoisHousing #DeerfieldHousing #ZionWoods # https://lnkd.in/gSDMKmS6
From Vision to Reality: Zion Woods Breaks Ground | HODC
https://hodc.org
-
Dive into this news article by the Chicago Business Journal highlighting our 2024 Affordable Housing Program (AHP) General Fund, which is now open for applications. Learn how our AHP grants are addressing rising development costs and supporting affordable housing across Illinois and Wisconsin.
Federal Home Loan Bank of Chicago boosts affordable housing development grants to $2 million - Chicago Business Journal
-
Our 2024 Affordable Housing Program (AHP) General Fund is now open for applications – and this year, we’re doubling our subsidy per project from $1 to $2 million! We’re proud to deepen our commitment to enhancing community development across Illinois and Wisconsin. Visit our website to learn more and apply by June 14.
2024 AHP General Fund Now Open
fhlbc.com
-
We are seeking a vendor to provide Microsoft Reseller and Managed Support Services. Explore all the details and requirements on our website and apply by May 17: fhlbc.com/vendors
Vendors | FHLBank Chicago
fhlbc.com
-
We're dedicated to empowering homebuyers along their journey toward homeownership. Through our Community First® Housing Counseling Resource Program, we provide funding to HUD-certified housing counseling agencies to educate and empower individuals and families along their unique paths to owning a home. Additionally, through our member financial institutions, we offer up to $10,000 in Downpayment Plus® Program grants to income-eligible homebuyers, making the dream of owning a home more achievable. Watch below to learn how our network of housing champions at Illinois Housing Development Authority, Consumer Credit Counseling Service of Northern Illinois, and Midland States Bank collaborated to assist homeowners Angela and Luis in achieving their dream of purchasing a home. #FairHousingMonth
-
Congratulations to Housing Forward on the grand opening of the Broadview Legacy Apartments! This Permanent Supportive Housing development offers 16 apartments tailored to individuals and families exiting homelessness, including dedicated accommodations for veterans, transition-age youth, and families. We are proud to have supported this project with a $240,000 Affordable Housing Program (AHP) grant through our member Hinsdale Bank & Trust. Our 2024 AHP General fund round opens in one week — learn more about the program on our website: https://bit.ly/2JuWgFp
We could not be more excited to announce the opening of Broadview Legacy Apartments, Housing Forward's first fixed-site Permanent Supportive Housing development. This residential building, located at 1020 Roosevelt Rd., offers 16 apartments tailored to individuals and families exiting homelessness, including dedicated accommodations for veterans, transition-age youth, and families. We are so thankful to the community of Broadview, our project partners, and our funders who helped make this vision a reality.
-
We're actively seeking a vendor partner to perform model validation of a Commercial Mortgage Backed Security model. Explore all the details and guidelines on our website and apply by May 13.
Check out our new vendor sourcing opportunity
fhlbc.com