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FHLB Boston Announces Record Funding for 2016 AHP

The Federal Home Loan Bank of Boston is pleased to announce at least $27.2 million in subsidy is available for the 2016 Affordable Housing Program. For those interested in the 2016 AHP competitive application process, the Bank is hosting multiple training sessions throughout New England from May through August. These trainings are offered for housing partners, developers, member financial institutions, and other stakeholders interested in applying for funding in the upcoming funding round. Here is a list of the AHP trainings in the region: Wednesday May 25    Portsmouth, NH Tuesday, June 14        Newton, MA Thursday June 16       Bretton Woods, NH Tuesday July 19          Boston, MA Thursday July 21        Springfield, MA The online application period runs from July 25 to September 13. Decisions will be announced mid-December. Links: Register for the upcoming AHP training sessions. Webinars are available for member financial institutions, revolving loan funds, and rental and homeownership initiatives between May 19 and August 24 (For those unable to attend a session or who need an additional refresher after attending a session) Download the 2016 Round Announcement, 2016 Notice of Changes, or the 2016 AHP Implementation Plan. For more information consult the FHLB Boston’s website or contact your community investment manager.

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