Chinatown Proposal Wins 2005 Competition
A proposal to create 202 units of ownership and rental housing in the Chinatown section of Boston received the top award in the 2005 Affordable Housing Development Competition.
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New Subsidy Program to Assist Home Buyers
Members can now tap the Bank's Equity Builder Program to help low- to moderate-income households purchase homes.
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Online Access to Flexible Funding
Members can now apply online for a Community Development advance through FHLB Direct, the Bank's online account-information and transaction service.
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Persistence Pays Off
After nine years, Connecticut's Trumbull Townhomes triumph.
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Making Fair Housing Meaningful
Elisabeth Youngerman, development consultant to Mutual Housing Association of Southwestern Connecticut, explains how the thought developers give Fair Housing Plans makes all the difference in creating a great community.
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Bank Sponsors Dialogue on Smart Growth
The rate at and manner in which the region is growing has large implications for all New Englanders' quality of life. The Bank's recent New England Smart Growth Symposium focused on exactly what these implications are and how the region should address them.
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AHP To Fund 25 Initiatives
The Bank awarded $6.7 million in grants and subsidies for advances during the second funding round of its 2002 Affordable Housing Program (AHP).
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Breaking New Ground With Assisted Living
A former school in Boston is transformed into a fully affordable assisted-living facility.
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A Regional and National Perspective
Don Chen, director of Smart Growth America, discusses the state of smart growth in New England and nationwide.
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Creating a Market for Authentic Places
Kip Bergstrom, executive director of Rhode Island Economic Policy Council, discusses how Rhode Island hopes to capitalize on its history, cultural centers, natural resources, and colleges to draw and retain the creative workers that are essential to the state's economic health.
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Managing Growth in Maine
Evan D. Richert, associate research professor at the University of Southern Maine, discusses Maine's land-use policies.
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AHP Implementation Plan Sees Changes
The Bank has made several changes to the administration of its Affordable Housing Program (AHP).
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Competition Lets Developers Explore Options
Whether a housing-development organization is thinking about developing a particular site or just brainstorming about "what could be," the Affordable Housing Development Competition may be a great way to explore its options.
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Vermont Reforms its Tax Policy
Deborah Brighton, Vermont tax policy consultant, discusses how Vermont reformed its property tax. While the changes were made to address educational equity, they also have land-use implications.
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Advances Provide Key Community Funding
With smaller businesses playing an increasingly important role in the local economy, Greenfield Savings Bank has often turned to the Bank's Community Development advances for low-cost funding to stabilize the town's downtown business district.
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What Is Smart Growth?
The Bank recently helped the Citizens' Housing and Planning Association (CHAPA) develop principles to provide guidance for CHAPA member organizations and Massachusetts communities for rethinking their approaches to growth.
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A Milestone for Manufacturing-Housing Co-ops
When the New Hampshire Community Loan Fund celebrated the mortgage closing of the Freedom Hill manufactured-housing cooperative earlier this year, it marked an important milestone for an innovative program to protect affordable housing throughout the state.
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Member Participation Continues to Grow in AHP
Each of the 24 initiatives that received awards in Round One of the Bank's 2002 Affordable Housing Program (AHP) earned points for member financial participation.
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Bank Event Explores Community Design
Sponsored by the Bank and other organizations, the three-day Community Design: Now or Never symposium brought together some of the most recognized practitioners, theorists, advocates, and funders of community design.
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In Their Own Words
The Bank's Web site features a new Profiles section that provides an in-depth look at initiatives funded by the Bank's Affordable Housing Program and Community Development advances.
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Legislative Initiatives for Growing Smartly
Senator James M. Jeffords (I-VT), chairman of the Environment and Public Works Committee and cochairman of the Smart Growth Task Force, discusses what's new in smart-growth legislation.
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Mixed-Use Proposal Wins Student Competition
A proposal to create a mixed-use development in Boston's Dudley Square neighborhood received first prize in the 2002 Affordable Housing Development Competition.
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Use of Bank Enhances Business, Community
Since 1992, Massachusetts member Boston Private Bank & Trust Company has been awarded a total of 36 grants and subsidized advances through the Bank's AHP, making its ongoing relationship with the Bank a key component of its business strategy.
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Winning Newcomers' Business
Bridging cultural differences proves key to building profitable relationships with Latino immigrants.
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Bank Awards $16.4 Million in 2001 AHP
The awards will fund 48 initiatives to create or preserve 916 affordable units.
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Competition Lets Developers Explore Options
Sponsored by the Bank and CHAPA, the Affordable Housing Development Competition will pair local graduate students with Greater Boston housing professionals to develop proposals for affordable housing.
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Advance Lets Member Fund Public Facility
For many years, West Tisbury's 100 or so public-safety employees scattered to various workplaces each day. Recently, that all changed, thanks to member Edgartown National Bank's use of a Community Development advance.
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An Investment with High Returns
Local housing agencies used AHP funds to provide affordable housing for 40 of Stamford's neediest residents. And the rest of Connecticut has taken notice.
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Smart Growth Requires Intelligent Choices
At the Bank's New England Community Development Conference, a diverse panel discussed how communities can grow smartly and remain viable. Several premises emerged time and again.
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Why Saving Energy Is a Warming Trend
An AHP-funded, Maine agency demonstrates how making small investments now provides long-term advantages for low-income households.
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New Life in Bell Hill
AHP funding and strong public-private partnerships are transforming Worcester's rundown east side into a safer, healthier, and more affordable place to live.
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Member Lends a Hand to Monkey Business
A nonprofit that matches capuchin-monkey helpers with quadriplegics will have a larger and more efficient headquarters, thanks in part to a member's use of a Community Development advance.
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Member Inspired To Lead Revitalization
A CEO of a small Connecticut institution discusses how membership in the Federal Home Loan Bank of Boston will help it to fulfill its mission.
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HOYO Programs Help Disabled Overcome Odds
The Bank has awarded AHP grants to seven such initiatives, which help individuals with disabilities buy their own homes.
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AHP To Fund 32 New Initiatives
The Bank approved $5.4 million in grants and $4.8 million in subsidized advances in Round Two of its 2000 Affordable Housing Program.
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2000 Community Development Awards
One nonprofit from each of the six New England states won a $3,500 cash grant. The recipients were community-development organizations nominated by member institutions.
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A New Picture of Community Development
For generations, artists have lived and worked in low-rent districts and neighborhoods known mainly to themselves. This trend has recently started to change, however, as cities and towns realize that the arts draw tourists, energize economies, and diversify populations.
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A Rebirth in Rhode Island
AHP funding and a low-cost Bank advance helped turn a once desolate section of Woonsocket, Rhode Island, into a vibrant, desirable neighborhood.
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Advances Help Members Strengthen Communities
A Massachusetts member demonstrates why the Bank's new Community Development advances are a hands-down choice for funding affordable housing and economic development.
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Bank-Funded Initiatives Bridge Digital Divide
Ten years ago, 25 percent of Americans used computers on the job. Today, that number has more than doubled. This is just one of the reasons some nonprofits are developing affordable housing that includes computer centers or in-unit PCs with Internet service.
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VT and RI Community Partners Honored
Among the 24 initiatives honored at the Federal Home Loan Bank System's sixth annual Community Partnership Awards event were projects from Vermont and Rhode Island.
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Habitat Home Celebrates AHP
As part of a nationwide initiative to mark the tenth year of the Affordable Housing Program, Bank staff helped build a Habitat for Humanity home in Boston's Dorchester neighborhood.
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AHP Funds 42 Initiatives In First Round
Forty-two applications — out of a record 96 submitted — were approved for AHP funding in June 2000.
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Bringing Back a Brownfield
Two of the Bank's housing and community-development programs helped transform a contaminated site into an affordable assisted-living facility.
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Members Bolster Child Care in Massachusetts
A special offering provided $2.5 million in discounted Bank advances to fund nonprofit community child-care centers
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