The FHLB annually sets aside a portion of its profits for grants supporting affordable housing. Funding under FHLB Dallas’ PGP was increased by $2 million in 2020 under FHLB Dallas’ COVID-19 Relief Program to support community-based organizations (CBOs) involved in affordable housing activities, ... See the complete list of the 2020 PGP grant recipients. Cookies are used to offer you a better browsing experience and to analyze our traffic. The maximum Bank grant is $60,000 per CBO when multiple members support one CBO in 2020. 2020 Funding Round Awards City State Project Name Member Name Sponsor Name Amount ... Grand Rapids MI Hope Housing PNC Bank, National Association Mel Trotter Ministries $750,000 Holland MI Lakeshore Habitat 10 in 2021 PNC Bank, National Association Lakeshore Habitat for … Affordable Housing Program; Community Investment Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support The use of funds for these organizations was expanded to include COVID-19 relief. CINCINNATI, April 28, 2020 /PRNewswire/ -- The Federal Home Loan Bank of Cincinnati (the FHLB) today released unaudited financial results for the first quarter ended March 31, 2020. How will the funds be allocated? February 4 . Stockhouse.com use cookies on this site. 2020 ELEVATE GRANT Recipients. LAKE CHARLES, La.--(BUSINESS WIRE)--Sep 21, 2020--Red River Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded $12,000 in Partnership Grant Program (PGP) funds to … For 2020, program parameters also were expanded to include COVID-19 relief. The use of funds for these organizations was expanded to include COVID-19 relief. January 26, 2021 | 1:00 p.m. Add to Calendar. December 17, 2020 Read more. Twenty-four affordable housing developments in Indiana and Michigan received grants of up to $500,000 each from FHLB Indianapolis. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support For 2020, program parameters also were expanded to include COVID-19 relief. Pioneer Bank and FHLB Dallas Award Grants to Two Nonprofits. Read more. Through this unique grant program, FHLB Dallas member institutions contribute from $500 to $6,000 to a CBO, which FHLB Dallas matches at a new, higher 5:1 ratio (compared to the previous 3:1 ratio) resulting in a … Stockhouse.com use cookies on this site. FHLB Dallas, with total assets of $75 billion as of June 30, 2020, is a member-owned cooperative that supports housing and community development by … FHLBank Indianapolis recently announced that 21 Indiana and Michigan businesses were awarded the bank’s Elevate Small Business Grant. About the FHLB. For a complete listing of 2020 Competitive Affordable Housing Program grant recipients, click here. November 24 2020. Since 1990, FHLB Cincinnati has awarded grants totaling more than $790 million in support of affordable housing in Ohio, Kentucky, Tennessee and beyond, creating more than 98,000 housing units. 2020 FHLBank Global Calendar . A lottery system will be used to select the recipients. Advanced Investor Reporting: Researching Turnaround Reports and Exception Clearing Report Submissions. By continuing to use our service, you agree to our use of cookies. FHLB Dallas, with total assets of $75 billion as of June 30, 2020, is a member-owned cooperative that supports housing and community development by providing competitively priced advances and other credit products to approximately 800 members and associated institutions in Arkansas, Louisiana, Mississippi, New Mexico and Texas. COM WWW. Published on December 11, 2020 December 14, 2020 by BankBeat The Federal Home Loan Bank of Indianapolis recently awarded $11.2 million in Affordable Housing Program grants. Grants are awarded to the highest scoring projects, up to $750,000 per project, until the round funds are exhausted. By law, each FHLBank must establish an Affordable Housing Program (AHP), and must contribute 10 percent of its earnings to its AHP. DEFINITIE van 'Federal Home Loan Bank System - FHLB' hadden aangetast. 2020 Board Election Results. What paperwork is needed? Red River and FHLB Dallas Award Grants to Four Shreveport Nonprofits. FHLB-OF. December 7, 2020 Read more. Affordable Housing Program Implementation Plan Summary of Changes and Availability of Other FHLB Programs. Cookies are used to offer you a better browsing experience and to analyze our traffic. Wells Fargo and the Federal Home Loan Bank of Dallas (FHLB Dallas) will provide $200,000 in Partnership Grant Program (PGP) grants to two nonprofits in Austin, Texas, and one each in Albuquerque and Farmington, New Mexico. FHLBank Pittsburgh members and product users can view all FHLBank updates related to the coronavirus ... $413M Affordable Housing Program Grants Since 1990 On the dates shown below, the FHLBanks will announce the maturity and dealer selection for Global offerings for that date. 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