The 2025 Carol M. Peterson Housing Fund was once again extremely popular, and is now closed. Please call 888-345-2246 with any questions.

This is only a brief overview of the Carol M. Peterson Housing Fund program. Complete details, limits, requirements, definitions and guidelines are contained in the 2025 CMPHF Guide.

What is the Carol M. Peterson Housing Fund?

Through the Carol M. Peterson Housing Fund (CMPHF), the FHLB provides grants from $5,000 to $20,000 per homeowner to fund rehabilitation and repairs for low-income special needs and aged 60+ homeowners. The fund is named in honor of the former FHLB executive who spearheaded FHLB's affordable housing and community investment initiatives for more than two decades.

CMPHF will be available for reservation on a first-come, first-served homeowner-by-homeowner basis beginning on February 3, 2025, at 10:00 a.m. ET and will remain available until all funds have been reserved. 

Who can use CMPHF?

FHLB members may partner with qualified Sponsors (non-profit organizations) to assist special needs and aged 60+ homeowners in the communities they serve by making their home more accessible and safe.   

How do I apply?

Information for Homeowners

Homeowners must apply with one of our member institutions.  Click here to search our Member Directory.

Members may reserve funds via the Carol M. Peterson Housing Fund link through the FHLB’s Members Only portal by submitting an online Reservation Request with supporting documentation. Instructions for accessing Members Only may be found here under Program Documents and Forms.

Additional information and technical Assistance

For more information or assistance, please contact the Housing & Community Investment Department at (888) 345-2246 or email us at cmphf@fhlbcin.com.

For FHLB's Members Only assistance, please contact our Service Desk at (800) 781-3090.

Carol M. Peterson Housing Fund Resources