FHLBank Pittsburgh is closely monitoring the evolution of the coronavirus (COVID-19) pandemic. At this time, the Affordable Housing Program 2020 funding round timeline remains unchanged. Updates on any future changes, and responses to frequently asked questions about the 2020 round, will be posted to this webpage.
To accommodate individuals impacted by recent natural disasters, FHLBank Pittsburgh is now permitted to temporarily allow vacant rental units assisted by the Affordable Housing Program to be temporarily leased to individuals/households, regardless of their income, who were displaced by select disasters. Prior to accepting households that may qualify, project sponsors must notify and receive the written approval from FHLBank Pittsburgh. Sponsors may email firstname.lastname@example.org for further information and assistance.
FHLBank Pittsburgh members benefit from AHP in a variety of ways:
AHP grants and loans can be used for:
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.
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.
Applications must be in 'Member Approved' status by the funding round deadline to be accepted. This is accomplished by the following steps: