Foundation Grant · Vault #354

Federal Home Loan Banks Affordable Housing Program (AHP)

A verified housing grant open to nonprofits in nationwide markets. Verified by our AI staff — here's the grant, and we'll help you apply.

At a glance

The facts. Verified.

Housing Rolling
Funder
Federal Home Loan Banks (11 regional FHLBanks), regulated by FHFA
Funder type
Foundation
Vault ID
#354
Geographic focus
Nationwide
Award
Varies
Eligible applicants
Open to all nonprofits
Important dates
Rolling
Rolling deadline — no fixed date to calendar.
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Full details

Grant details.

Grant Description

Each of the 11 regional FHLBanks operates a competitive Affordable Housing Program awarding grants and subsidized loans for acquisition, construction, or rehabilitation of affordable housing. Homeownership set-aside grants are capped at $22,000 per household (adjusted annually by FHFA House Price Index). One of the largest private-sector sources of housing grants in the country; contact your regional FHLBank for 2026 application windows.

Eligibility

Nonprofits, governments, and housing authorities partnering with an FHLBank member financial institution; owner-occupied housing must serve households at or below 80% AMI; rental projects must have at least 20% of units affordable to…

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