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We Mean Business

2010 Update of FHLBank Pittsburgh’s Community Investment Programs

by John Bendel, Director of Community Investment

We at FHLBank Pittsburgh will continue to help our members and sponsors improve their ability to support new investments in the communities they serve throughout the year. In 2010:

All programs are administered by the Community Investment Department. More information on the AHP and BOB funding rounds will be made available shortly.

Note: the First Front Door (FFD) program is currently suspended and will not reopen again in calendar year 2010. We are hopeful that we will be able to reopen the FFD program in the future and will communicate such information when we know it.

Initiatives Offer Educational Opportunities, Community Support

In addition to these long-standing community investment programs, we will offer a number of educational opportunities to our member banks throughout the year, including an upcoming workshop with USDA Rural Development in the Altoona area and a West Virginia community investment symposium, both planned for Spring (more details to come).

For those serving designated Blueprint Communities, we will also be offering opportunities to reconnect with key community stakeholders in support of community revitalization plans. Stay tuned for more details.

My Money, My Life – a financial literacy program for young people in Allegheny County – recently celebrated its milestone goal of educating 1,000 students over the past five years (for the full story, click here). With a renewed commitment from its supporting partners, My Money, My Life is continuing throughout 2010, with renewal determined on an annual basis going forward.

Community Investment Assistance

If you have questions about any of our Community Investment programs, you can visit the Housing and Community page of our web site, or contact the Community Investment representative responsible for your area listed below. We look forward to serving your community investment needs in 2010 and beyond.