The Federal Home Loan Bank (FHLB) of Boston is coming to Burlington to host a training on the Affordable Housing Program on June 26th. This training is important for any developer or lender who is planning to apply for AHP funds in 2018 or in the future. It will be held at Hotel Vermont (41 Cherry Street, Burlington) from 8:30 to noon. For more details and to register go to their website.
The 2018 funding application period opens on Monday, June 11, four weeks earlier than usual. The program awards grants and low-interest loans through member institutions to organizations promoting homeownership and rental housing for households with incomes at or below 80 percent of the area median income. Approximately $18.1 million in AHP subsidy is available. Applications are due by Thursday, August 2.
We hope to see you there!