New England Fund (NEF)
advances are continuously available. Applications are
accepted at any time and are processed promptly, with
funding usually possible within two weeks of receipt of
application. Members may apply for NEF funding in support
of eligible proposed initiatives.
NEF Online Application
All applications must be submitted online through this
web page or FHLB Direct, the Bank's online account-information
and transaction service.
Although they are not required to be submitted with
an application, you may want to
review the Bank's Smart
Growth Checklist as well as the CHAPA
Smart Growth Principles before applying.
Please allow 10 business days for the review and approval
If you have questions, contact Paulette Vass, Community
Development advance manager 617-292-9792.