Affordable Housing Resources and Implementation Plan Grant and Info Session – Apr 17

Posted by Federal Home Loan Bank of Pittsburgh on March 25, 2025

This year, the Federal Home Loan Bank of Pittsburgh (FHLBank) will make approximately $74.5 million available in affordable housing funding resources.

The Affordable Housing Program (AHP) will open on June 26, 2025, with an amount available of approximately $57.5 million. AHP provides competitive grants for the development of affordable housing for low- to moderate-income households. Applications for funding individual projects, up to $1,500,000, can be submitted through AHP Online. Applications are due at 5 p.m. on August 7, 2025.

For 2025, FHLBank will provide an additional $17.0 million to affordable housing projects in our district of Delaware, Pennsylvania and West Virginia through the voluntary housing grant initiative. The voluntary housing grant initiative is separate and distinct from AHP. Applications that are not awarded under AHP and are located in-district will be automatically enrolled in the voluntary housing grant initiative pool for consideration.

Implementation Plan 

The 2025 AHP Implementation Plan, which contains important information on application eligibility, scoring, and feasibility, was approved by FHLBank’s Board of Directors on Feburary 14, 2025.

Next Steps:

• Register now for our April 17, 2025 webinar covering both AHP and the voluntary housing grant initiative. The webinar will be recorded and posted on our website.
• Project sponsors (i.e., housing developers) should register in AHP Online.
• FHLBank member institutions should ensure that they have access to Online Banking and AHP Online. Contact your institution’s Customer Security Administrator for access.
• Read the 2025 AHP Implementation Plan.