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FHLBank Chicago Opens 2026 Affordable Housing Program

FHLBank Chicago Opens 2026 Affordable Housing Program

by Phil Hall | May 4, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) has opened the application period for its 2026 Affordable Housing Program (AHP) General Fund. In the AHP, FHLBank Chicago financial institution members partner with developers and community organizations on the...
Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs

Federal Home Loan Bank of Chicago Allocates $28 Million for Down Payment Assistance Programs

by Phil Hall | Jan 20, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) has launched the 2026 iteration of its Downpayment Plus and Downpayment Plus Advantage grant programs with a $28 million allocation to help income-eligible homebuyers across Illinois and Wisconsin. Working in...
FHLBank Chicago to Allocate $3 Million in Affordable Housing Developer Program

FHLBank Chicago to Allocate $3 Million in Affordable Housing Developer Program

by Phil Hall | Jul 7, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) is now accepting applications for the fourth annual iteration of its Community First Developer Program. The program provides grants to organizations supporting career development opportunities in the affordable...
FHLBank Chicago Increases Funding for Housing Counseling Resource Program

FHLBank Chicago Increases Funding for Housing Counseling Resource Program

by Phil Hall | Aug 27, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced a $1.5 million increase for its Community First Housing Counseling Resource Program (HCRP) for the current program year. FHLBank Chicago launched the HCRP in 2022 to provide grants to HUD-certified...
FHLBank Chicago Opens 2026 Affordable Housing Program

FHLBank Chicago Offers $50 Million in Interest Rate Subsidies to Expand Affordable Housing

by Phil Hall | Jul 16, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced it will allocate $50 million in interest rate subsidies to expand affordable housing, economic development, and community partnerships in Illinois and Wisconsin through its new Community Impact Advance...
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