BUILDING OUR COMMUNITIES
Beyond the Affordable Housing Program (AHP) and Homeownership Initiative grants, we provide two other programs that directly affect the communities our members serve. Our goal with these programs is to empower local leaders to build stronger and more resilient communities through sustained growth and economic development.
Community Investment Program
The Community Investment Program (CIP) provides our members with at-cost loans and letters of credit to support affordable housing and community economic development activities that benefit low- and moderate-income families or neighborhoods. These funds have been used in the past to develop affordable housing, support infrastructure improvement, and boost local job creation.
Elevate Small Business Grant
Elevate is a small business grant program that assists the growth and development of small businesses, their workforce, and the communities where they are located. Qualifying small businesses can use the grant money (up to $25,000) for capital expenditures, workforce training, or a variety of other needs to get the boost that they need.