APPLYING FOR AFFORDABLE HOUSING PROGRAM (AHP) GRANTS

FHLBank Indianapolis members are encouraged to apply for competitive Affordable Housing Program (AHP) subsidy funds to support affordable housing programs and projects in their community. Member financial institutions typically partner with project sponsors (community-based not-for-profit organizations, public entities, for-profit developers, etc.) to apply for AHP funds.

HOW TO PARTICIPATE

Each year, FHLBank Indianapolis holds a single AHP competitive application round to distribute all of the available funds for the year.

Applications are typically distributed early in the year. Application training webinars are held and other technical assistance is offered prior to the application deadline to explain the scoring criteria and application requirements.

Sponsors seeking an FHLBank Indianapolis member should present their project concept to the member at least six months prior to the application deadline to allow for the member to review the project.

Find the required forms and helpful planning tools at the bottom of this page.

ROLES AND RESPONSIBILITIES CHECKLIST

Scroll down for a high level overview of key roles and responsibilities for sponsors and members during the application phase of the AHP grant cycle. Please make sure your organization is fulfilling its obligations for each step of the process.

For more information on the specific roles,please review the Affordable Housing Program Implementation Plan in the sidebar.

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A notification of intent to submit is required of all applicants by June 3, 2022 in order to apply for AHP funding.

SPONSOR

  • Review Affordable Housing Program Implementation Plan (I-Plan) and application materials.

  • Identify member partners.

  • Attend training and contact staff for technical assistance.

  • Register for and complete setup of FHLBI.GIVES.

 

MEMBER

  • Review I-Plan and application materials.

  • Identify sponsor partners.

  • Attend trainings and contact staff for technical assistance.

  • Review project, verify capacity of sponsor, communicate expectations, and discuss opportunities for the member’s financial participation in the project.

  • Register for and complete setup of FHLBI.GIVES.
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SPONSOR

  • Complete an application for your project through FHLBI.GIVES by July 29, 2022.

MEMBER

  • Identify the authorized AHP contact and signer from FHLBank Indianapolis.

  • Review and approve the application through FHLBI.GIVES by July 29.
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SPONSOR

  • Respond to additional documentation/information requests from the FHLBank Indianapolis by the given deadlines.

MEMBER

  • Review and approve sponsor responses to additional documentation/information requests from the FHLBank Indianapolis by the given deadlines.