| Competitive Affordable Housing Program Opens May 4 | |
| The FHLBank Chicago has allocated $23.5 million to its 2020 competitive Affordable Housing Program (AHP). Applications for the 2020 round may be initiated in AHP Online beginning Monday, May 4. The application deadline is 5:00 p.m. CT on Friday, June 12. Training The FHLBank Chicago will provide trainings on the 2020 competitive AHP via recorded webinars. These webinars will be organized by topic and can be viewed on our website for the duration of the application period. The webinar topics include: Overview and Eligibility, Feasibility, Scoring, and Post-Award Compliance. Additionally, there will be a short webinar titled Key Changes for 2020, which will only highlight significant program changes. Online Resources The Guide for Sponsor Applicants, the Guide for Member Applicants, and most of the application exhibits have been updated for 2020 and posted to our AHP Program Policy and Forms webpage. Potential applicants are encouraged to familiarize themselves with these resources. Technical Assistance Please call Community Investment at 312-565-5824 or email ci@fhlbc.com with requests for technical assistance. We appreciate your flexibility during this stay-at-home period, and are committed to ensuring sponsors and members have access to information needed to submit successful applications in the 2020 competitive AHP 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 © 2018, 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. |