AHP Competitive Application Program

Each FHLBank has one or more AHP funding rounds each year in which members submit applications on behalf of sponsors and developers of affordable housing projects.  The FHLBank then scores each eligible project based on competitive criteria.  AHP funding is awarded by the FHLBank to the highest scoring projects in declining order until the available AHP subsidy for that funding round has been used.

 

Eligibility: Projects must meet eight requirements in order to be considered for AHP funding:

Scoring: Each FHLBank has its own 100-point scoring system based on nine criteria:

Monitoring Requirements: Members and sponsors that receive AHP funds have some monitoring responsibilities. These differ for owner-occupied and rental housing.