April 5, 2018
FHLBNY’s Affordable Housing Program 2018
The Federal Home Loan Bank of New York (FHLBNY) is pleased to announce that approximately $45 million in housing grants will be available for the Affordable Housing Program (AHP) 2018 Competitive Round. The application package is now available, and applications must be received by 5:00 p.m. ET on Friday, May 25, 2018.
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 by year end.
(The details of the competitive process could be found at fhlbny.com/ahp2018)
We strongly encourage you to review the 2018 AHP Implementation Plan and tutorials, and we look forward to working with you to address the diverse affordable housing needs of your communities.
Report from the President: An Unwavering Focus on Our Members and Supporting Our Communities
Important Announcement for Community Lending Programs Users
FHLBNY Announces Second Quarter 2021 Operating Highlights
A Review of Housing Statistics at the End of 2019
Five Ways to Manage Your Balance Sheet in a Volatile Rate Environment