Community First Programs | FHLBank Chicago

The Community First Programs at the Federal Home Loan Bank of Chicago provide a broader, more holistic approach to community development. These programs allow FHLBank Chicago to be more innovative and responsive to community needs and to support our members’ and community organizations’ commitment to affordable housing, economic development, and the health of their communities.

Community First Fund

Offering lower-interest rate, long-term financing to community organizations

Community First Capacity-Building Grants

Filling a gap in funding for nonprofit lenders

Community First Disaster Relief Program

Helping members in FEMA-declared disaster areas

Housing Counseling Resource Program

Facilitating expanded service to minority and low- and moderate-income homebuyers

Diverse Developer Initiative

Supporting diverse developers of affordable housing

Accelerate Grants for Small Businesses

Providing funding to strengthen small businesses