The Federal Home Loan Bank of Boston (FHLBB)'s Affordable Housing Program (AHP) will begin to accept applications on June 6, 2022. The program will award a minimum of $10.6 million in subsidy funding through member institutions to organizations promoting homeownership and rental housing opportunities for low income households. This funding will support critical housing resources during a time of extreme housing shortage, affordability crisis and rising development costs.
To assist applicants, FHLB Boston will be hosting a series of online trainings and Q&A sessions in May and June. The online trainings will cover all aspects of the application, including important information about program changes.
Visit the AHP website for more application information and the AHP Implementation Plan. The online application round closes July 28, 2022.