The Community First Disaster Relief Program is designed to offer direct relief funding to Federal Home Loan Bank of Chicago members and communities they serve that have been declared Federal Emergency Management Agency (FEMA) disaster areas.

FHLBank Chicago originally developed the Community First Disaster Relief Program to assist several communities in Illinois that were struck by tornadoes and severe storms in November 2013, and to serve as a blueprint for responses to future FEMA-declared disasters across Illinois and Wisconsin.

How the Program Works

  • Disaster relief funding is provided by FHLBank Chicago and administered through member financial institutions to communities in designated disaster areas.
  • Financial assistance is designed to address the specific needs of the district based on the impact of the declared disaster; this includes assistance to homes and/or businesses in the affected communities.
  • Households and businesses must meet specific eligibility requirements to qualify for program assistance.
  • Programs offered may be limited in their combined use with other FHLBank Chicago products.

Determination of Funding

Although an event may be declared a disaster by FEMA, the determination to provide assistance, programs offered, where funds can be utilized, and program availability are governed by FHLBank Chicago.


Questions related to the Community First Disaster Relief Program can be directed to FHLBank Chicago Community Investment at 312-565-5824 or