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Affordable Housing Program (AHP) 2017 Competitive Round

The Federal Home Loan Bank of New York ("FHLBNY") is pleased to announce the commencement of the Affordable Housing Program (AHP) 2017 Competitive Round. We are pleased to report that this round will consist of approximately $33.2 million in available housing grants.
 
AHP funds are awarded to Members who submit applications on behalf of project sponsors who are planning to purchase, rehabilitate, or construct affordable homes or apartments (owner-occupied or rental units). Funds are awarded through an annual competitive process, with final award announcements being made prior to year end. 
 
Only Member institutions of the FHLBNY are allowed to submit applications. All affordable housing project sponsor organizations and housing developers who are interested in applying for AHP funds are urged to contact one of the Members listed on our website.
 
A complete detail of the AHP application process is outlined in the 2017 AHP Implementation Plan. For step-by-step instructions on how to apply, video tutorials and links to application materials click the How to Apply button below.
 
DEADLINE: Application must be received by 5:00 p.m. ET on Friday, June 9, 2017

How to Apply button

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