2017 Community Investment Performance Summary
The FHLBank Chicago 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, FHLBank Chicago members and their community partners can create economically competitive solutions that contribute to the quality of life in the communities they serve.
Programs
| Cumulative | |||||
|---|---|---|---|---|---|
| 2017 Beneficiaries |
2017 Dollars |
Since 1989 Beneficiaries |
Since 1989 Dollars |
||
|
(u) Housing Units, (t) Transactions * Includes any project that was Board approved in 2017 |
|||||
| Community Lending | |||||
| Community Housing Advance | 7,180 (u) | $783,672,957 | 124,801 (u) | $ 8,083,154,918 | |
| Community Development Advance | 16 (t) | 133,207,397 | 965 (t) | 2,454,019,953 | |
| Mixed-Use Projects | 0 (t) | — | 42 (t) | 112,879,376 | |
| Subtotal Community Lending | 916,880,354 | 10,650,054,247 | |||
| Grant Programs | |||||
| Downpayment Plus® (DPP®) Program | 3,008 (u) | 16,951,201 | 31,800 (u) | 166,734,886 | |
| Downpayment Plus Advantage® (DPP Advantage®) | 114 (u) | 677,500 | 1,176 (u) | 7,042,315 | |
| Competitive Affordable Housing Program (AHP)* | 2,366 (u) | 26,401,689 | 79,025 (u) | 427,516,568 | |
| Subtotal Grant Programs | 5,488 (u) | 44,030,390 | 112,001 (u) | 601,293,769 | |
| Total Program Financing | $960,910,744 | $11,251,348,016 | |||
Voluntary Programs
| 2017 Beneficiaries |
2017 Dollars (Committed) |
Since Inception Beneficiaries |
Since Inception Dollars (Committed) |
|
|---|---|---|---|---|
| i. Beneficiaries are partners, ii. Beneficiaries are grants | ||||
| Community First Fundi | 1 | $3,000,000 | 9 | $44,000,000 |
| Disaster Reliefii | 52 | $ 258,400 | 176 | $ 878,400 |
| Capacity-Buildingii | 6 | $ 250,000 | 6 | $ 250,000 |