Community Investment: Affordable
Housing Program
Affordable Housing Program
FHLB Des Moines is proud to announce
recipients of its 2011 AHP grants
and its 2012 program.
Forty-five projects were awarded
nearly $15 million to create or
improve 1,734 homes that will house
families with children, seniors,
persons with disabilities, at-risk
youth, people in need of services,
and people who are homeless. The
projects will create brand new
homes, rehab existing, and bring
quality housing to both urban and
rural communities.
To view a map of project locations,
click
here.
For a full list of recipients, click
here.
In 2012 the maximum AHP subsidy
award in the competitive Affordable
Housing Program (AHP) will be
$300,000 for a single project,
subject to a limit of $30,000 for
each unit assisted. There will be a
limit of $1 million of approved
projects per member charter in a
single funding period. Applications
will be taken from April 2 thru May
15, 2012. Pre-application to obtain
technical assistance is encouraged.
Please see the content below or call
the Community Investment Department
at 800.544.3452, ext. 1173 with
questions.
Implementation Plan
Affordable Housing Program
Guidelines
Dates to Remember: A
summary of important dates
to remember for the competitive Affordable
Housing Program grants award program, including
pre-application, registration
and online application.
Application Training
Pre-Application
(available
February 1, 2012 to March 15, 2012)
Online Application
Income Guidelines and Purchase
Price Limits
Homeownership
Education/Financial
Counseling
Statistics
