What Is Affordable Housing & How Is It Created?
4:10
YouTubeLocal Housing Solutions
What Is Affordable Housing & How Is It Created?
How do we make housing more affordable housing? This video explains the two types of affordable housing and the stakeholders that must work together to create or maintain affordable housing units. Learn more about how why housing is unaffordable, how affordable housing is financed, funded, and built, and other issues: https://www ...
10.1K viewsApr 28, 2021
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Affordable Housing Programs Step by Step Guide! #shorts #affordablehousing
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Affordable Housing Programs Step by Step Guide! #shorts #affordablehousing
Amy J. Whatley
Affordable Housing Program ​By law, each FHLBank must establish an Affordable Housing Program (AHP), and must contribute 10 percent of its earnings to its AHP. Under the Federal Home Loan Bank Act (FHLBank Act), the specified uses of AHP funds are to finance the purchase, construction, or rehabilitation of owner-occupied housing for low- or moderate-income households (with incomes at 80 percent or less of the area median income), and the purchase, construction, or rehabilitation of rental h​ousi
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Affordable Housing Program ​By law, each FHLBank must establish an Affordable
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