FHLB Cincinnati and Frontier Housing Build on Higher Ground

In Eastern Kentucky, where economic challenges are often compounded by natural disasters, Frontier Housing’s partnership with FHLB Cincinnati plays a critical role in funding the future of rural communities. With support through the Affordable Housing Program (AHP), Carol M. Peterson Housing Fund and Disaster Reconstruction Program (DRP), Frontier Housing responds not only to long-term housing needs, but also to moments where urgent recovery is needed. 

In recent years, historic flooding devastated communities across the region, damaging homes and displacing families who already faced limited housing options. Through this partnership, Frontier Housing leveraged FHLB Cincinnati’s DRP funding to help rebuild flood-impacted homes and build new homes on higher ground for flood survivors. In 2025, Frontier Housing broke ground in Prestonsburg, Ky. on one such development which was made possible in part with AHP funds. In total, Frontier has received more than $4.1 million to help build, preserve and reconstruct housing through all FHLB programs.

Beyond disaster recovery, FHLB Cincinnati’s funding helps Frontier Housing close persistent affordability gaps. Each year, these resources support the development and rehabilitation of dozens of homes and help low-income families access sustainable homeownership. By pairing FHLB Cincinnati funds with local, state and federal resources, Frontier Housing maximizes impact.

As weather events occur with regularity and housing costs continue to rise, Frontier Housing’s partnership with FHLB Cincinnati demonstrates what is possible when mission-driven organizations work together to invest in a stronger future for Eastern Kentucky.