HOW TO APPLY

Applications may be submitted via the Federal Home Loan Bank of New York's Secure File Transfer Protocol ("SFTP") by Member Institutions that have been issued User IDs prior to this communication. If you have not been issued a User ID and would like to submit applications via SFTP, please email us at ahp@fhlbny.com.
 
All applications to the 2017 Affordable Housing Program (AHP) offering must be submitted either electronically via SFTP, or on a USB flash drive to be delivered to our office or postmarked no later than 5:00 p.m. ET on Friday, June 9, 2017. Applications received after the deadline will not be accepted. Sponsors should allow ample time for Member Institutions to review application packages prior to their submission to the FHLBNY. 
 
Project sponsors may submit an unlimited number of AHP applications, through a FHLBNY Member Institution, subject to established Maximum Subsidy Limits at the individual project level (i.e., the lesser of $30,000 per unit for an individual project or 10% of the initial Round allocation for an individual project). Failure to submit all mandatory supporting documentation may result in a loss of points, or in some cases, elimination from the AHP application process.
 
The Member and the project sponsor should review the application thoroughly for completeness, accuracy and consistency. The FHLBNY cannot be held responsible for omissions or errors made during the completion of the application. FHLBNY will directly contact Members, sponsors or consultants for additional information if additional clarification is justified.
 
Prior to the completion and submission of the application, we recommend you review the tutorials available on FHLBNY's YouTube channel, displayed below.
 
Direct links to the application materials are below the video tutorials.

VIDEO TUTORIALS

   
 
Overview of the Application Process
 
Overview of the AHP Application Form
   
AHP Application Process video
AHP Application Form video
   
   
Owner-Occupied Workbook
Rental Application Workbook
   
AHP Owner-Occupied Workbook video
AHP Rental Workbook video
 
 
AHP Application Training Webinar
(April 27, 2017)
AHP webinar April 2017
 

AHP APPLICATION PACKAGE

AHP/APP-001 AHP Application Form

AHP/APP-104 Owner-Occupied Application Workbook

AHP/APP-108 Rental Application Workbook

AHP/APP-111 Rental Income Verification Worksheet

FOR ASSISTANCE

If you need further assistance in developing an AHP application or information regarding the FHLBNY's Community Investment Programs and Services, feel free to contact us at ahp@fhlbny.com or review program details in the 2017 AHP Implementation Plan
 
We look forward to working with you to address the diverse affordable housing needs of your communities.

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AHP Success Stories

Pond View Homes
Member: Flushing Bank
Project Name: Pond View Homes

Independence Crossing
Member: Citibank
Project Name: Independence Crossing

Morgan Village
Member: New Jersey Housing & Mortgage Finance Agency
Project Name: Morgan Village

› Other Success Stories