2016 Community Investment Performance Summary
The FHLBC provides financing and direct funding tools that support the affordable housing and local community lending initiatives of our members. By using our products individually or in combination, FHLBC members and their community partners can create economically competitive solutions that contribute to the quality of life in the communities they serve.
2016 Community Investment Performance Summary
| Cumulative | |||||
|---|---|---|---|---|---|
| PROGRAMS | 2016 Beneficiaries |
2016 Dollars |
Since 1989 Beneficiaries |
Since 1989 Dollars |
|
|
(u) Housing Units, (t) Transactions * Includes any project that was Board approved in 2016 |
|||||
| Community Lending | |||||
| Community Investment Program (CIP) – Housing | 8,888 (u) | $964,778,037 | 117,621 (u) | $ 7,299,481,961 | |
| Community Economic Development Advance (CEDA) | 20 (t) | 97,518,994 | 949 (t) | 2,320,812,556 | |
| Mixed-Use Projects | 0 (t) | — | 42 (t) | 112,879,376 | |
| Subtotal Community Lending | 1,062,297,031 | 9,733,173,893 | |||
| Grant Programs | |||||
| Downpayment Plus® (DPP®) Program | 2,629 (u) | 15,577,429 | 28,792 (u) | 149,783,685 | |
| Downpayment Plus Advantage® (DPP Advantage®) | 74 (u) | 444,000 | 1,062 (u) | 6,364,815 | |
| Competitive Affordable Housing Program (AHP)* | 2,260 (u) | 26,256,892 | 76,659 (u) | 401,114,879 | |
| Subtotal Grant Programs | 4,963 (u) | 42,278,321 | 106,513 (u) | 557,263,379 | |
| Total Program Financing | $1,104,575,352 | $10,290,437,272 | |||
