2015 AHP Funding Round is now open!
The Seattle Bank’s 2015 AHP funding round is now open. AHP applications must be submitted to the Seattle Bank no later than Friday, May 15, 2015, at 4:00 p.m. Pacific Time. Visit our Login page to access the online application.
We encourage you to:
Please note that our 2015 AHP Implementation Plan will not be affected by the proposed merger between the Seattle Bank and Federal Home Loan Bank of Des Moines.
The Seattle Bank supports affordable housing and economic development initiatives
through a number of community investment programs. Our Affordable Housing Program
(AHP) and Home$tart Program, which are funded with 10 percent of the bank’s annual
net income, provide direct subsidy for affordable housing. Our Community Investment
Program (CIP) and Economic Development Fund (EDF) are discounted loan programs that
are available on a continuous basis.
All funding is distributed through our member financial institutions, which work
with their community partners to put these dollars to work to meet a wide range of
community needs, including: the acquisition, rehabilitation, and development of
affordable rental and owner-occupied housing; the financing of commercial, industrial,
manufacturing, social service, public facility, or public and private infrastructure
projects; and the provision of highly-rated Standby Letters of Credit.