WebJan 19, 2024 · Affordable Housing Program (AHP) General Fund Training from 9:00 a.m. to 11:00 a.m. ET Description: Starting in February, the FHLBNY staff will conduct a series of virtual trainings. The AHP training is designed to increase attendees’ understanding of all three phases of the AHP application process. Webin the Federal Register under 12 CFR Part 951, requires the Sponsor to certify to the FHLBNY, within a reasonable period of time after project completion: a. The AHP …
AHP Owner-Occupied Manual - fhlbny.com
WebThe $34.3 million in grants represent a portion of the AHP funds that are drawn from the FHLBNY’s earnings. As mandated by Congress, the FHLBNY forgoes 10 percent of its earnings each year to support these neighborhood housing and economic development initiatives. The AHP is designed to address local housing needs. Web1. During the AHP General Fund application review process, FHLBNY will assess a project’s demonstrated need for AHP subsidy, likelihood to be developed in a timely manneperated in a r, and capacity to be o financially sound manner. The project's estimated sources of funds shall equal its estimated uses of funds, hepc logo
AHP 106 - stage.fhlbny.com
WebNo fee is required in order to submit the AHP Application. 8. For further assistance, please call our department’s general information number at (212) 441-6850 or transmit an e-mail inquiry to [email protected]. 9. All AHP Applications will be scored on a competitive basis and the decisions of the FHLBNY are final. 10. WebThe FHLBNY accepts applications for AHP subsidy under the AHP General Fund only from institutions that are members of the FHLBNY at the time the application is submitted. MINIMUM ELIGIBILITY REQUIREMENTS FHLBNY requires all projects that apply for and receive AHP General Fund subsidy meet the following minimum eligibility requirements: 1. WebThe FHLBNY accepts applications for AHP subsidy under the AHP General Fund only from institutions that are members of the FHLBNY at the time the application is submitted. Minimum Eligibility Requirements FHLBNY requires all projects that apply forand receive AHP General Fund subsidy meet the following minimum eligibility requirements: 1. hepc log in