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The Federal Home Loan Bank of Boston
is in a unique position to help member institutions and their
developer-partners respond to the affordable-housing and economic-development
needs of their communities.
The Bank's community investment managers and relationship
managers know the many challenges involved with financing
community development and how initiatives have overcome
them. Perhaps most importantly, they each have an in-depth
knowledge of local development issues, making them an invaluable
resource for members and developers alike.
How Can We Help?
Perhaps you'd like to attend one of the free Affordable Housing
Program (AHP) training sessions offered by the Bank each round.
(When scheduled, training sessions are listed in the community-development
events section.) Or perhaps you need individualized assistance
with structuring a project. Or maybe you'd like the Bank to
help your community leaders address a pressing housing issue.
Whatever your needs, we'd like to help. For technical assistance,
please contact the community
investment manager or relationship
manager serving your area.
Considerations for Community Lending
Bank staff have consulted with numerous members on
the organizational issues involved in community lending. Their
tips for what members should consider as they work to develop
a community-lending plan are summarized in the "Identifying
Profitable Community-Lending Opportunities" outline.
Although it is not required to be submitted with an application,
you may want to review the Bank's Community
Development Analysis checklist before applying for Affordable
Housing Program funds or a Community Development advance.
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