Grant Programs

The Bank offers four grant programs that help very low- to moderate-income families and individuals obtain quality rental housing or become homeowners and that fund economic development projects.
 
Rental Housing
 
The Affordable Housing Program can be used to support very low- to moderate-income rental housing.
 
The Access to Housing and Economic Assistance for Development (AHEAD) Program can cover predevelopment expenses for affordable rental housing.
 
Homeownership
 
The following programs can be used to support homeownership efforts for very low- to moderate-income households and individuals:

• Affordable Housing Program
• Individual Development and Empowerment Account (IDEA) Program
• Workforce Initiative Subsidy for Homeownership (WISH) Program
• AHEAD Program

Economic Development
 
The AHEAD Program will support a variety of projects that provide services or other benefits for low- to moderate-income households, that result in the creation or retention of jobs in low- to moderate-income communities, or that facilitate public or private infrastructure projects located in low- to moderate-income communities.


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