| Affordable Housing Program General Fund Competitive Round Opens May 3 |
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| The Federal Home Loan Bank of Chicago (FHLBank Chicago) has allocated $28.6 million to its 2021 Affordable Housing Program (AHP) General Fund. Applications for the 2021 round may be initiated in AHP Online beginning Monday, May 3. The application deadline is 5:00 p.m. CT on Friday, June 11. |
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| Training FHLBank Chicago has published recorded webinars on the 2021 AHP General Fund. These webinars are organized by topic, including, Overview and Eligibility, Feasibility, Scoring, and Post-Award Compliance. Additionally, there is a short webinar titled 2021 AHP Key Changes, which only highlights significant program changes. |
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| Online Resources You’re in luck! You’re getting a sneak peek of FHLBank Chicago’s new brand! With the AHP round opening in May, our resources were designed and updated to fit our new brand. Stay tuned to learn more about our exciting new brand and, in the meantime, be sure to check out our AHP resources. The Guide for Sponsor Applicants, Guide for Member Applicants, and the application exhibits have been updated for 2021 and posted to our AHP Program Policy and Forms webpage. Potential applicants are encouraged to familiarize themselves with these resources. |
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| Technical Assistance Please call Community Investment at 312-565-5824 or email ci@fhlbc.com with requests for technical assistance. We appreciate your continued flexibility as we operate in a virtual environment. We are committed to ensuring sponsors and members have access to information needed to submit successful applications in the 2021 AHP General Fund competitive round. |
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| Federal Home Loan Bank of Chicago |
| 200 East Randolph Drive Chicago, IL 60601 www.fhlbc.com |
| 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. Copyright © 2021, Federal Home Loan Bank of Chicago. "Community First," "Downpayment Plus," "DPP," "Downpayment Plus Advantage," and "DPP Advantage" are registered trademarks of the Federal Home Loan Bank of Chicago. |