Federal Home Loan Bank of Chicago News & Media

Federal Home Loan Bank of Chicago funds affordable housing in Wisconsin

October 21, 2026

The Federal Home Bank of Chicago provided a $2 million Affordable Housing Program grant through its member IFF to support Trailvlew Cottages, a 40-unit…

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Federal Home Loan Bank of Chicago cuts ribbon on 50 affordable apartment units

August 28, 2026

Federal Home Loan Bank of Chicago recently celebrated the opening of Earle Residents, which consists of 50 affordable rental units in Chicago. The bank awarded…

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FHLBank Chicago celebrates opening of affordable housing development

July 1, 2026

The Federal Home Loan Bank of Chicago partnered with Village Bank & Trust to support Poupard Place, a 48-unit affordable housing development in Northbrook…

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FHLBank Chicago intros grant program for homebuyers

February 21, 2025

The Federal Home Loan Bank of Chicago has dedicated $46 million for its 2025 Downpayment Plus grant program for homebuyers in Illinois and Wisconsin. This…

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Federal Home Loan Bank of Chicago increases funding to housing counseling program

September 4, 2024

The Federal Home Loan Bank of Chicago increased its funding by $1.5 million to the Community First Housing Counseling Resource Program. This program has given…

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The Federal Home Loan Bank opens diverse developer initiative

August 21, 2024

The Federal Home Loan Bank of Chicago opened applications for the 2024 Community First Diverse Developer Initiative. This program provides grants to nonprofit…

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FHLBank Chicago expands small business grants to $19.5M

June 11, 2024

The Federal Home Loan Bank of Chicago expanded its grants to small businesses through a variety of means, including boosting funding to $19.5 million for…

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