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Is Housing a Priority in Your Blueprint?
If so, check out the Affordable Housing Program (AHP) at http://www.fhlb-pgh.com/housing-and-community/programs/affordable-housing-program.html. We want to invest in your housing project!
In 2008, FHLBank Pittsburgh will make available approximately $20 million for affordable housing.
As a result of record earnings at FHLBank, there is a record amount of AHP funds to distribute – approximately $20 million! These grants to member banks and project sponsors will support the construction and/or rehabilitation of affordable housing.
The deadline for AHP applications is Thursday, April 3, 2008 for the 2008A funding round and Thursday, September 25, 2008 for the 2008B funding round.
We can help you! Technical Assistance is available to guide you through the AHP process. We encourage you to make contact with the Community Investment representative responsible for servicing your area:
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Eastern Pennsylvania and Delaware: |
Central/Northeastern Pennsylvania: |
| Western Pennsylvania: Ann Killian akillian@fhlb-pgh.com 412-288-3483 |
West Virginia Laura Kemp-Rye lkemp-rye@fhlb-pgh.com 304-291-5485 |
Blueprint Communities in Pennsylvania and West Virginia, which have implemented a community plan and are interested in leveraging housing activities with other coordinated investments, are at a distinct point-earning advantage with FHLBank Pittsburgh’s new scoring guidelines. For complete information on scoring and feasibility criteria, as well as the application process, please go to http://www.fhlb-pgh.com/housing-and-community/programs/ahp_process.html .
To learn more about our other Community Investment Programs visit our Web site at www.fhlb-pgh.com and go to the "Housing and Community" link.
More to come: Other Blueprint Benefits to arrive in your e-mail box soon. Please pass along updated e-mail information as necessary.