Receiving your award disbursement.

Award Overview

The AHP application process is competitive. An average of one in three applications is awarded due to the volume of funds requested. The AHP operates through a district-wide competition. Applications are evaluated on scoring criteria identified in the regulation using a 100-point system.

The FHLBank Indianapolis Board of Directors approves applications in descending order starting with the highest scoring application until the total funding amount (except for any amount insufficient to fund the next highest scoring application) has been allocated. The Board will also approve at least the next four highest scoring applications as alternates, and, within one year of approval, may fund such alternates if any previously committed AHP subsidies become available. 

After you are awarded your AHP grant, you'll need to follow the steps below to ensure you promptly receive your award.

Award

Disbursement

Progress Reporting