We strive to impact the communities our Indiana and Michigan members serve, and the Affordable Housing Program (AHP) is a key part of our community-driven focus.

2024 AHP application materials are now available and can be found below under AHP Resources > AHP Application Packet.

The Affordable Housing Program (AHP) consists of one annual round where projects compete for available funds. Each year, we review applications based on the established scoring criteria, found in our Implementation Plan, as well as threshold requirements and overall subsidy need. Below you will find resources to assist with the different phases of the program.

AHP Application Packet - Here you will find resources to help you locate the requirements of the program, how to complete an application, as well as checklists to assist with document requirements.

Receiving Your Award Disbursement - If awarded, projects have one year to take an initial disbursement of AHP funds and three years to fully disburse the awarded funds and complete the project. This section includes resources used for submitting disbursement requests. 

Completing Your Project - Upon completion of the project, AHP staff will conduct an Initial Monitoring review to determine project compliance.  This section provides the resources needed for this review.

Long-Term Monitoring - After the project is complete and the Initial Monitoring review has taken place, a project enters Long-Term Monitoring.  This section contains resources to assist with compliance of Long-Term Monitoring.

AHP Resources

• AHP Informational Materials
  • Updates to 2024 Implementation Plan
  • 2024 AHP Implementation Plan
  • AHP Max Rent Calculator 
  • FHFA - AHP Regulation
  • Training and Events
  • Income Limits
  • Income Guidelines
  • Tenant Income Certification
• AHP Application Packet
  • FHLBI.GIVES User Registration (see AHP section on FHLBI.GIVES page)
  • Submitting an AHP Application User Guide 
  • Rental Project Smart Score Sheet
  • Homeownership Project Smart Score Sheet
  • AHP Exhibit Checklist
  • AHP Threshold Criteria Checklist
  • Notification of Intent to Apply
• Receiving Your Award Disbursement
  • Rental Project Disbursement Checklist
  • Homeownership Project Disbursement Checklist
  • Submitting an AHP Disbursement Request User Guide
  • Submitting a Semi-Annual Progress Report User Guide
  • Submitting an Extension Request User Guide
  • Submitting a Modification Request User Guide
  • Retention Agreements
    • Homeownership Retention Agreement
    • Lease-Purchase Retention Agreement
    • Rental Retention Agreement
• Completing Your Project
  • Initial Monitoring Review Checklist
  • Completing Initial Monitoring Review User Guide
  • Zero Income Affidavit
• Long Term Monitoring
  • Long Term Monitoring and Rent Roll User Guide
  • Refinancing: Selling AHP Assisted Properties
  • Zero Income Affidavit

Past AHP Awards and Statistics

• 2023 AHP Projects and Statistics
  • Awarded Project Descriptions
  • Awarded Applications Statistics
  • All Scored Application Statistics
• 2022 AHP Projects and Statistics
  • Awarded Project Descriptions
  • Awarded Applications Statistics
  • All Scored Applications Statistics
• 2021 AHP Projects and Statistics
  • Awarded Project Descriptions
  • Awarded Applications Statistics
  • All Scored Applications Statistics
• 2020 AHP Projects and Statistics
  • Awarded Project Descriptions
  • Awarded Applications Statistics
  • All Scored Applications Statistics