The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced more than $900,000 was awarded through its Community First® Capacity-Building Grant Program to 21 nonprofit community development lenders working in Illinois or Wisconsin.


The grant recipients and the FHLBank Chicago member financial institutions with whom they partnered with will receive a grant to help strengthen a nonprofit community development lender’s financial position, operational efficiency, and/or human capital to support the affordable housing and/or economic development programs the organization provides to the local communities in which they, and the member financial institution, serve.


Associated Bank sponsored five of the awardees including Cinnaire Lending Corporation, Community Investment Corporation, Entrepreneur Fund, Habitat for Humanity Oshkosh and NiJii Capital Partners, Inc.  


View the full article from the Federal Home Loan Bank of Chicago here.