| Competitive Affordable Housing Program Opens May 6 | |
| The FHLBank Chicago announced a $23.8 million allocation to its 2019 competitive Affordable Housing Program (AHP). Applications for the 2019 round may be initiated in AHP Online beginning Monday, May 6; the application deadline is 5:00 p.m. CT on Friday, June 14. Learning Opportunities: Last Chance! Join FHLBank Chicago staff at a complimentary workshop to learn more about the competitive AHP application process. Topics covered include eligibility, project feasibility, and the 2019 scoring guidelines. Space is available on a first-come, first-served basis. Potential AHP project sponsors, FHLBank Chicago member institutions, and development consultants are encouraged to attend. Register for a workshop. FHLBank Chicago staff are also hosting two webinars for those with previous AHP experience. These identical webinars focus on significant changes from 2018 to 2019. Register for a webinar. Last year, there was a strong correlation between these learning opportunities and award success. In the 2018 competitive round, 100% of awarded projects had a member of the development team (i.e., member, sponsor, or consultant) register for a webinar or in-person workshop. Knowledge Resources In addition to these learning opportunities, the Guide for Sponsor Applicants, the Guide for Member Applicants, and most of the application exhibits have been updated for 2019 and are posted to our AHP Program Policy and Forms webpage. Potential applicants are encouraged to familiarize themselves with these resources. |
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| Federal Home Loan Bank of Chicago |
| 200 East Randolph Drive Chicago, IL 60601 www.fhlbc.com |
| This newsletter contains forward-looking statements which are based upon our current expectations and speak only as of the date hereof. These statements may use forward-looking terms, such as "anticipates," "believes," "expects," "could," "plans," "estimates," "may," "should," "will," or their negatives or other variations on these terms. We caution that, by their nature, forward-looking statements involve risk or uncertainty, that actual results could differ materially from those expressed or implied in these forward-looking statements, and that actual events could affect the extent to which a particular objective, projection, estimate, or prediction is realized. These forward-looking statements involve risks and uncertainties including, but not limited to, the risk factors set forth in our periodic filings with the Securities and Exchange Commission, which are available on our website at www.fhlbc.com. Copyright © 2019, Federal Home Loan Bank of Chicago. "Community First," "Downpayment Plus," "DPP," "Downpayment Plus Advantage," and "DPP Advantage" are registered trademarks of the Federal Home Loan Bank of Chicago. |