The Federal Home Loan Bank of Boston (the Bank) has Announced $18.2 Million for 2013 Round of Affordable Housing Program (AHP) - May 6, 2013
The Federal Home Loan Bank of Boston (the Bank) has announced it has $18.2 million available for the 2013 round of their Affordable Housing Program (AHP).
The AHP encourages local planning of affordable rental and homeownership initiatives and allows the Federal Home Loan Bank of Boston to address, in partnership with their member institutions, affordable-housing needs in communities across New England. A portion of the Bank's net earnings funds the program, which awards grants and low-interest advances or loans, through member institutions.
For 2013, the Bank has increased the subsidy limits for any one AHP application from $400,000 to $500,000 in direct subsidy; and from $800,000 to $1 million in total subsidy, including the subsidized advance interest-rate subsidy.
The online application will be accessible to members and sponsors beginning July 29 through September 13, 2013.
The Bank will also hold multiple training sessions and online webinars to help members and sponsors understand the competitive scoring process and how to use the online application. These sessions will be held in May through August. Participants can enroll online.
The updated 2013 AHP Implementation Plan and the Notice of changes are available on the Bank's website.
2013 AHP Training Session Schedule
- AHP Training .events will have registration beginning at 8:30 a.m. The events will begin at 9:00 a.m. and end at 12:00 p.m.
- AHP Training — Boston, Massachusetts: Two separate events will be held on July 23, 2013
- Morning Event: Registration begins at 8:30 a.m. The event will begin at 9:00 a.m. and end at 12:00 p.m.
- Afternoon Event: Registration begins at 12:30 p.m. The event will begin at 1:00 p.m. and end at 4:00 p.m.
- AHP Webinar event will begin at 9:30 a.m. and end at 11:30 a.m.
- AHP Revolving Loan Fund Webinar event will begin at 9:30 a.m. and end at 11:30 a.m.
- Ownership/Rental Webinars events will begin at 9:30 a.m. and end at 11:30 a.m.
- AHP Members Only Webinar will begin at 9:30 and end at 11:00 a.m.
|
|
Framingham, Massachusetts |
|
AHP Members Only Webinar |
|
Stamford, Connecticut |
|
|
Tuesday, May 14 Sheraton Framingham 1657 Worcester Road Framingham, MA Deadline: May 7, 2013 |
|
Wednesday, May 15 Internet Conference Call Deadline: May 14, 2013
|
|
Tuesday, May 21 Stamford Marriott 243 Tresser Boulevard Stamford, CT Deadline: May 14, 2013
|
|
|
|||||
|
|
Portland, Maine |
|
Portsmouth, New Hampshire |
|
Bangor, Maine |
|
|
Thursday, May 23 Portland Marriott Sable Oaks 200 Sable Oaks Drive South Portland, ME Deadline: May 16, 2013
|
|
Tuesday, June 4 Sheraton Harborside Portsmouth Hotel 250 Market Street Portsmouth, NH Deadline: May 28, 2013
|
|
Tuesday, June 11 Hilton Garden Inn Bangor 250 Haskell Road Bangor, ME Deadline: June 5, 2013
|
|
|
|||||
|
|
AHP Revolving Loan Fund Webinar |
|
Montpelier, Vermont |
|
Farmington, Connecticut |
|
|
Wednesday, June 12 Internet Conference Call Deadline: June 11, 2013
|
|
Tuesday, June 18 Capital Plaza Montpelier 100 State Street Montpelier, VT Deadline: June 11, 2013
|
|
Thursday, June 20 Farmington Marriott 15 Farm Springs Road Farmington, CT Deadline: June 13, 2013
|
|
|
|||||
|
|
AHP Webinar |
|
Springfield, Massachusetts |
|
Providence, Rhode Island |
|
|
Wednesday, June 26 Internet Conference Call Deadline: June 25, 2013
|
|
Tuesday, July 9 Sheraton Springfield Monarch Place Hotel One Monarch Place Springfield, MA Deadline: July 2, 2013
|
|
Thursday, July 11 Biltmore Providence 11 Dorrance Street Providence, RI Deadline: July 3, 2013
|
|
|
|||||
|
|
AHP Rental Only Webinar |
|
Plymouth, New Hampshire |
|
Boston, Massachusetts (AM) |
|
|
Tuesday, July 16 Internet Conference Call Deadline: July 15, 2013
|
|
Thursday, July 18 The Common Man Inn & Spa 231 Main Street Plymouth, NH Deadline: July 11, 2013 |
|
Tuesday, July 23* Federal Home Loan Bank of Boston 800 Boylston Street Boston, MA Deadline: July 16, 2013 (Maximum seating capacity — 30)
|
|
|
Boston, Massachusetts (PM) |
|
AHP Ownership Only Webinar |
|
AHP Webinar |
|
|
Tuesday, July 23 Federal Home Loan Bank of Boston 800 Boylston Street Boston, MA Deadline: July 16, 2013 (Maximum seating capacity — 30)
|
|
Thursday, August 1 Internet Conference Call Deadline: July 31, 2013 |
|
Tuesday, August 6 Internet Conference Call Deadline: August 5, 2013 |