This week, FHLBank Chicago Board Member Daniel G. Watts joined us for a Fireside Chat, moderated by Carolyn Jaw, EVP of Sales, Strategy, and Solutions. During this insightful conversation, our employees had the opportunity to learn more about his career journey and ask questions to learn the role the Board plays in helping us support our mission. Thank you, Daniel G. Watts, for sharing your insights! #FHLBankChicago #LifeatFHLBC
Federal Home Loan Bank of Chicago
Banking
Chicago, IL 10,248 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
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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
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Primary
433 West Van Buren Street
Suite 501S
Chicago, IL 60607, US
Employees at Federal Home Loan Bank of Chicago
Updates
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Kudos to our very own Travis Schroll for presenting at ACUMA (American Credit Union Mortgage Association)'s recent workshop in Nashville. He delved into the transformative power of the Mortgage Partnership Finance Program, showcasing how credit unions can collaborate with FHLBanks to drive meaningful housing finance and community investment initiatives.
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Congratulations to Cinnaire and Northernstar Companies for breaking ground on Collective on Fourth last week! This new multi-family housing development, located in La Crosse, Wisconsin, will offer 62 mixed-income residences in partnership with the City of La Crosse, reactivating a half-block of properties with high-quality affordable residential apartments. We are proud to have supported this project with a $1,000,000 Affordable Housing Program (AHP) grant through our member, Citizens State Bank of La Crosse. Our 2024 AHP General Fund is currently open and accepting applications — learn more on our website and apply by June 14: https://bit.ly/2JuWgFp
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We had a great time at yesterday's Economic Roundtable event with special guest Congressman Darin Lahood. We delved into key topics such as financial services, housing supply and affordability issues, and others that resulted in a meaningful discussion on policies that drive growth and economic development in our communities. Thank you to our members and our trade association partners Illinois Credit Union League, Illinois Bankers Association, Community Bankers Association of Illinois, Illinois REALTORS®, and Home Builders Association of Illinois, and a special thanks to Congressman LaHood and his staff, Laura Pollastrini, Katherine Coyle, and Greg Warren. #FHLBankChicago #HousingLeadership
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We’re looking forward to the 2024 FHLBanks Insurance Conference next month. This members-only event is an excellent opportunity to hear valuable insights on the global economy, housing and political landscapes, and how insurance members across the country can utilize their FHLBank membership. FHLBank Chicago members—connect with your Sales Director to register today!
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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
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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.
Federal Home Loan Banks Anticipate $1 Billion in Support for Affordable Housing and Community Development Initiatives in 2024 - FHLBanks
https://fhlbanks.com
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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!
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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
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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