Affordable Housing Program

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AHP Forms & Resources

AHP Update

The Affordable Housing Program Funding Round Opens June 18. Application attachments will be available beginning March 26.
 

Need More Information?

Contact Megan Krider at
800-288-3400, ext. 4577, or megan.krider@fhlb-pgh.com.

Past AHP Recipients

2017
2016
2015
2014

What is the Affordable Housing Program?

Grants are awarded to the highest scoring projects up to $750,000 per project in one competitive funding round each year until funds are exhausted. FHLBank Pittsburgh members and housing developers are both involved in the application process. Read more about the 2017 AHP recipients.

NOTICE: The Federal Housing Finance Agency (FHFA) has published its Proposed Amendments to the Federal Home Loan Banks' Affordable Housing Program (AHP) Regulation in the Federal Register. The 60-day public comment period will end on Monday, May 14, 2018.

The proposed amendments are the result of a years-long effort to modernize the AHP Regulation to ensure that AHP is positioned for the future and nimble enough to meet emerging needs and respond to different regional issues. Learn how these proposed changes could affect your organization and community. Read the attached summary detailing the impact of the challenges in the amendments, or attend one of our webinars at 11 a.m. and 2 p.m. on Monday, April 23, to learn more.

This brief public comment period is your opportunity to provide valuable feedback on this important proposal. Comments on the proposed rule can be submitted online at FHFA.gov or by mail to FHFA, Eighth Floor, 400 Seventh Street, SW, Washington, DC 20219.

How Does AHP Benefit Members?

FHLBank Pittsburgh members benefit from AHP in a variety of ways:

  • Helps establish and expand community relationships
  • Capitalizes on spin-off investment and related business opportunities
  • Qualifies for Community Reinvestment Act credit
  • Generates community goodwill
  • Provides public recognition for community investments
Print or share AHP benefits and information with the AHP Member Fact Sheet.

What Qualifies for AHP Funding?

AHP grants and loans can be used for:

  • Single- and multi-family housing
  • New construction and rehabilitation
  • Rental and owner-occupied homes
  • Scattered-site housing development
  • Transitional and single-room-occupancy housing

AHP grants and loans can support the development of housing intended for underserved populations. These housing projects may be targeted to very low-income households, individuals with special needs, the homeless or veterans, among others. Typically these projects are service enriched, and the project sponsors are able to offer a menu of supportive services, such as counseling, vocational and educational services; medical support; and other forms of assistance funded through complementary sources.

How to Apply

Applications for AHP funding are accepted when the funding round is open. Once the funding round closes, we review the applications received for scoring and feasibility. Based on the results, our Board of Directors approves award recipients. Once notified of funding approval, awardees must draw down funds within 12 months of the approval date.

Provided below are step-by-step instructions for completing the AHP application.

Already an AHP Recipient? Approved AHP projects are required to be monitored in accordance with AHP regulations. View the full monitoring guidelines.

AHP Success Stories

See examples of AHP projects that have had a beneficial impact on their communities.
As a first step, applicants are encouraged to attend an AHP webinar or schedule a technical assistance appointment with one of our Community Investment staff members. While optional, this step is strongly recommended. AHP webinars and technical assistance appointments are designed to provide valuable information that may assist applicants in submitting stronger applications.
 
  • Use the Technical Assistance/Partner Matching Form to request a review of project details or ask for assistance connecting with an FHLBank Pittsburgh member or project sponsor.
  • Forms and guides to submit 2018 AHP applications will be available here beginning March 26.
  • An “AHP 101â€Â webinar, and a webinar about the Community Stability section of the AHP application, will be available here beginning April 17.
For questions related to scoring and feasibility guidelines, please refer to the 2018 AHP Implementation Plan.
Each AHP application must be completed by a project sponsor (i.e., housing developer or public agency) and submitted by an FHLBank Pittsburgh member.

FHLBank Pittsburgh members that are interested in participating in AHP and looking to connect with project sponsors, as well as sponsors in need of an FHLBank Pittsburgh member to support their AHP application, can now request an organizational match using the Technical Assistance Request Form. Once you request a match, we will contact you to learn more about your organization's needs and help identify a possible AHP application partner.
 
All AHP applications must be submitted to FHLBank Pittsburgh electronically via the AHP Online system, accessed through the Bank's transaction site, Bank4Banks®.

Members that do not currently have access to Bank4Banks or the AHP Online system can acquire it through their institution's Customer Security Administrator (CSA), who manages all Bank4Banks access and roles for their institution.

Use the Registering in the AHP Online System guide for step-by-step instructions.

Project sponsors who already registered in the AHP Online system in previous funding rounds can still use their existing login and password information. Project sponsors new to the system must register as a new user. New sponsor registrants may view the AHP Online Registration Webinar for tips on a successful registration.

If you have lost your password, please proceed to the Bank4Banks login page and follow the steps to reset your password. If you are not sure whether or not you are successfully registered in the AHP system, call the FHLBank's Community Investment Department at 800-288-3400, option 4, for assistance.



Once a funding round opens, sponsors may initiate their application in the AHP Online system. To initiate an application, you must be a registered user and have the following information available:
  • Contact information for lead sponsor, those with input roles and the member financial institution
  • Name of project
  • Project's five-digit ZIP code
  • Type of project (rental, lease-purchase, homeownership)
  • Type of construction (new construction, rehabilitation)
We recommend beginning this process early in the round. The AHP application is lengthy and requires information from multiple sources. Additionally, already initiated applications will have access to a 'Tips Webinar' during the round, while uninitiated applications will not.

AHP applications receive scoring points based on a variety of criteria, as defined in the AHP Implementation Plan. The highest scoring applications qualify to receive AHP funding. As all application submissions are considered final, it is important to submit a complete application.

2018 AHP application attachments will become available on March 26.

Applications must be in 'Member Approved' status by the funding round deadline to be accepted. This is accomplished by the following steps:

  1. One of the lead sponsor contacts moves the application's status from 'Pending' to 'Sponsor Approved.'
  2. An email is then generated by the AHP Online system and sent to the member contacts associated with the application informing them that the application has obtained 'Sponsor Approved' status
  3. One of the member contacts completes the two member screens and moves the application to the 'Member Approved' status.
  4. Once the application status is 'Member Approved,' email verifications are generated by the AHP Online system and sent to all contacts associated with the application, and the submission is complete. Please note that all submissions are considered final.

For detailed instructions on moving an application's status to 'Sponsor Approved' or 'Member Approved,' please consult the Member Guide to the AHP System and the Sponsor Guide to the AHP System.

All applications are reviewed by Bank staff, and the AHP grant awards are announced on the designated date.

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