Affordable Housing Program
Our Affordable Housing Program (AHP) grants provide crucial gap funding that helps our member financial institutions and project sponsors finance the development of affordable housing throughout Indiana and Michigan. Together, our partnerships strengthen communities and support low- to moderate-income households with affordable housing development for renters and homebuyers alike.
The Affordable Housing Program consists of one annual competitive round. This program supports the creation, rehabilitation and development of owner-occupied and rental housing affordable to very low-, low- and moderate-income households across Indiana and Michigan.
2026 Round
Trainings:
- April 23 Application process
- May 5 Scoring criteria
- May 7 Threshold criteria
Register for upcoming trainings.
Key deadlines:
- May 4 Applications available in .GIVES
- June 4 Notice of Intent due
- June 25 Applications due
- Nov. 20 Awards announced
Please review the program kickoff webinar for additional information on the upcoming round, including funding amounts, requirements and deadlines. The webinar is available now on the main Community Programs page.
AHP resources
AHP training library
2025 Award administration This training provides a high-level overview of everything you need to know to administer your 2025 AHP award, from award timelines and disbursement requests to monitoring review, long-term reporting requirements and more. View the slide deck here.
- 2026 Application training
This training reviews the application submission process, including how to gain access to FHLBI.GIVES, available application resources, finding a member institution to support your application and how to complete and submit once you do. Review the slide deck here.
Past AHP awards and statistics