Affordable Housing, Community Development, Supportive Housing

FHLBB Announces Record $32 Million Allocation

Federal Home Loan Bank of Boston (FHLBB)
 

Starting July 25 through September 13, the Federal Home Loan Bank of Boston (FHLBB) will accept applications for the 2016 Affordable Housing and Equity Builder Programs. The Affordable Housing Program (AHP) received a $27.2 million allocation and the Equity Builder Program (EBP) received a $4.8 million allocation. Due to the record-high set aside, FHLBB will be increasing subsidy limits for this year only, with $750,000 in direct subsidy and $1.5 million in total subsidy.

Starting July 25, the application can be found here.
  
To better understand the application process, training sessions and webinars will be available starting in May. Those events can be found here.

You can also ask questions and get technical assistance at 1-888-424-3863.

 
 

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