Refer to this document as a guideline to retention requirements for AHP and voluntary housing grant-assisted units/projects.
Affordable Housing Program Implementation Plans from 2015-2023 are available here.
Projects with conditions related to Cost Reasonableness who wish to submit bids must complete and submit the Bid Summary to demonstrate the competitive bidding process. Only the Bid Summary Certification will be accepted; do not submit actual bids unless directly requested by FHLBank Pittsburgh.
Complete for projects receiving Sustained Affordability points as outlined in the Implementation Plan.
Complete for units/projects (one for each homebuyer) receiving Community Land Trust/Shared Equity Model (CLT/SEM) education as outlined in the Implementation Plan.
Construction/rehabilitation cost reasonableness guidelines for the Affordable Housing Program and the voluntary housing grant initiative.
The tri-party agreement to be used for AHP homeownership projects. This needs to be executed by the sponsor, member and FHLBank Pittsburgh.
The tri-party agreement to be used for AHP rental projects. This needs to be executed by the sponsor, member and FHLBank Pittsburgh.
Required Excel financial feasibility workbook for requesting disbursements on all projects.
The tri-party agreement to be used for voluntary housing grant initiative owner-occupied projects. This needs to be executed by the sponsor, member and FHLBank Pittsburgh.