The Federal Home Loan Bank of Seattle supports affordable housing and economic development initiatives in Alaska, Hawaii, Idaho, Montana, Oregon, Utah, Washington, Wyoming, American Samoa, Guam, and the Northern Mariana Islands through the following bank-sponsored programs.
The AFFORDABLE HOUSING PROGRAM (AHP) provides subsidy to help member financial institutions support affordable housing, both rental and homeownership, for families and individuals earning up to 80 percent of area median income.
HOME$TART PROGRAM grants are used by member financial institutions to match the funds of first-time homebuyers earning up to 80 percent of area median income. HOME$TART PLUS is open to first-time homebuyers receiving public housing assistance, including tribally designated housing authorities.
The COMMUNITY INVESTMENT PROGRAM (CIP) provides member financial
institutions with reduced-rate advances to fund affordable housing for
households earning up to 115 percent of area median income, or economic development
initiatives that benefit households with annual incomes of up to 100 percent of
area median income in urban areas and 115 percent of area median income in rural
The ECONOMIC DEVELOPMENT FUND (EDF) is a companion program to the CIP and provides financial institutions with reduced-rate, long-term advances to fund loans that support commercial, industrial, manufacturing, social service, public facility, or public infrastructure projects.
Please refer to our Community Investment Program Guide (pdf) for more information about how to access and use our programs.
To see how our members have used our community investment programs in each state in our district, view our