Affordable Housing Program Implementation Plan Summary of Changes

The Federal Home Loan Bank of Cincinnati's (FHLB) Board of Directors has approved the following additional changes to the Affordable Housing Program (AHP) Implementation Plan (IP) for 2023:

• Increased the maximum AHP subsidy per project that can be requested from $800,000 to $1,000,000
• Increased the maximum AHP subsidy per member from $4,000,000 to $5,000,000

Please see a complete copy of the 2023 AHP Implementation Plan on the FHLB website for detailed program requirements. FHLB will also cover these changes in the AHP workshops to be held in the coming weeks. Please contact the Housing and Community Investment Department at 888-345-2246 with any questions.