The FHLBank Pittsburgh has announced its 2017 funding round for the Affordable Housing Program. The funding round will open on June 6 and there is approximately $23 million in funding available for 2017. Applicants may apply for a maximum of $650,000 per development. Applications are due on August 10 and awards will be announced on December 14.
Anyone interested in more details about the 2017 AHP application process can watch the AHP 101 Webinar which will be available on FHLBank Pittsburgh’s web-site on April 12. Also available on FHLB Pittsburgh’s web-site on April 12 is the Community Stability Webinar which will define the scoring elements and describe the documentation necessary to be awarded up to 20 points in the Community Stability category. A final webinar will be available on July 12 to those who initiate their application by July 11. This final webinar will highlight tips for submitting a successful AHP application.
For additional information, click here to read the FHLBank Pittsburgh’s 2017 Affordable Housing Program Implementation Plan.
McKonly & Asbury is a leader in preparing and consulting on affordable housing funding applications in Pennsylvania. Our team is passionate about making your application a success. We are able to assist you in putting the entire application package together for submission, or we can review your application and provide suggestions for optimizing points for Affordable Housing Program scoring. For more information, please contact us at email@example.com.