Windham Initiative Awarded $300,000 Grant for 24 Rental Units

BOSTON, The Federal Home Loan Bank of Boston (the
Bank) awarded a $300,000 grant to fund the construction of 24 units of
affordable rental housing in Windham. Wade F. For more information about CCF, go to:
http: //www.
Alaska Housing Finance Corporation announces
the 2006 GOAL Program funding process.

hotline equality

"Members and
their community partners turn to the AHP as an important resource for funding
affordable housing," said Michael A.fhlbboston. To accomplish its mission, the
Bank utilizes private-sector capital to provide members and other qualified
customers with reliable access to low-cost wholesale funds, liquidity, a
competitive outlet for the sale of loans, special lending programs, technical
assistance, and other products and services.
"With this initiative, President Bush is forming strong partnerships between
the federal government and community and faith-based organizations to deliver
effective and compassionate services to those in need.gov/news.

ilrcs caregivers

"
"Maine has an affordable housing crisis, and the 24 affordable units this
grant funds is a step toward meeting this challenge ," U.acf.hhs.

sdrc advances

Maine Awarded Funds for Affordable Housing

The Bank sets aside 10 percent of its net profits each year to provide
grants and subsidized, below market-rate loans through the AHP .gov/programs/ccf/.ahfc.

caregivers advances

"
AHP funds are used to create or preserve affordable housing and help pay
construction, acquisition, or rehabilitation costs.

"This funding will strengthen children and families from the grassroots
up," said Dr.

Application and details are at www .

autism rehabilitates

rehabilitates determination

HHS Announces $31 900 000 from Compassion Capital Fund

The funds are designed to help faith-based
and community groups build capacity and serve those in need.
The second set of $15 million , from CCF Targeted Capacity Building
Program, is available to 300 faith-based and community organizations for
capacity building, to address the needs of at-risk youth, and the homeless, to
provide voluntary marriage education and preparation services, and to offer
social services to those living in rural communities.

AHFC is a self-supporting public corporation with offices in 16 communities
statewide .

hyg homeownership

Jessee, the Bank's president and chief
executive officer. Funds Will Help Faith-Based and Community Groups
Build Capacity, Serve Those in Need

WASHINGTON , HHS Secretary Mike Leavitt announced
today that $31,900,000 is available from the Compassion Capital Fund (CCF). The first set of $16. Deadline is Oct. 14, 2005.

increased rehabilitates

AHP funds will be used for acquisition ,
construction, and rehabilitation.us. AHFC also
provides energy and weatherization programs, low -income rental assistance
in 18 communities, and special programs for the homeless.

rebuilding ops

I
remain a strong supporter of the Federal Home Loan Bank of Boston, and will
continue to work in Congress to ensure that it remains strong and provides
resources for more important projects like this one. Member financial
institutions work with local developers to apply for AHP funding, awarded
twice a year through a competitive scoring process. The 1."
Today's announcement consists of two sets of funds .

advancing autism

wheelchair determination

com) is a $45
billion, cooperatively owned wholesale bank for housing finance in the six New
England states. The program is open to for-profits,
non-profits, and regional housing authorities. Click on [Download] [GOAL
Program] [Goal Program Notice of Funding Availability (NOFA) -- Rental and
Homeownership Development] (Use dropdown box).

(See FAQ)

increased advancing

"Together we're helping to increase the supply of
affordable housing throughout New England.
Secretary Leavitt made the announcement at the Oak Corners at the Center for
Community Cooperation in Dallas.

ilrcs linc

"I am also pleased that Congress approved funding I requested for
road and sewer improvements in Windham necessary for this development. The property will be funded primarily through a capital advance
from the HUD Section 202 program.

utilization rebuilding

fhlbboston.hhs.

living increased

5 million in grants, loans, and rate subsidies as part
of the Bank's Affordable Housing Program (AHP) to create or preserve 361
rental and ownership units for very low-, low-, and moderate-income
individuals and families.S.com/ahp.

Location: Windham, Maine
Member: Gorham Savings Bank
Sponsor: Avesta Housing
Number and Type of Units: 24 rental units
Amount and Type of Subsidy: $300,000 grant

Little Falls Landing
New construction of 24 one-bedroom rental units for very low-income
elderly.
For more information on these funding opportunities , go to:
http://www.

autistic living

Gorham Savings Bank is also providing a $3.hhs.

Note: All HHS press releases, fact sheets and other press materials are
available at http://www. The GOAL program provides $2.

General information, and national and international organizations, concerned with Independent Living .

determination autistic

In all, 12 initiatives in New England
received more than $14.
The Federal Home Loan Bank of Boston (http://www.gov/grants/.

wheelchair disabilities

Avesta will offer a wide range of supportive services, and
residents will have access to nutritional, housekeeping, personal care, and
health services, as well as affordable transportation and financial
assistance.0
million construction loan."
The CCF was created by President Bush in 2002 as a special initiative to
help faith-based and community organizations improve their effectiveness,
enhance their ability to provide social services and emulate model social
service programs. Since 1986, AHFC
has contributed more than $1.

intentional disabilities

The application deadline
for the second and final round of this year's AHP awards is September 30,
2005.15-acre site is a portion of an abandoned mill located in the
Village of Little Falls in the Town of Windham, and the remainder of the site
is being developed as condominiums.

determination autistic

caregivers advancing

Its mission is to support the residential -mortgage and
community-development lending activities of its members, which include over
460 financial institutions across New England. These
intermediary organizations serve as a bridge between the federal government
and faith-based and community organizations.4 billion to Alaska's State budget revenues
through cash transfers, capital projects and debt service payments.

advancing ncil

Information on the award follows, and is also available at
http://www. "These funds will help faith-based and
community groups build the capacity to serve the poor, the hungry, the
homeless, at-risk youth, rural communities and to strengthen marriage across
the nation. Horn, HHS assistant secretary for children and families .

PRESS RELEASE AHFC Announces Availability of $22.7 Million in GOAL Funds

It provides statewide financing for multi-family complexes,
congregate facilities, and single-family homes, with special loans for
first-time home buyers, low- and moderate-income borrowers, veterans,
teachers, nurses, and those living in rural areas of the state.

ilrcs disabilities

The design of the three-story structure,
which invokes traditional New England architecture, encourages and supports
independence, discourages isolation, and provides a safe and secure
environment.9
million, from CCF Demonstration Program, is available to up to 17 intermediary
organizations to provide technical assistance and sub awards.acf.7
million in grants and $20 million in federal tax credits to developers and
project sponsors who build affordable rental housing for low- to
moderate-income families and seniors.

individualized advances

Representative Tom
Allen said .
"The Compassion Capital Fund strengthens what President Bush calls the
'armies of compassion ' with the necessary resources to help those most in
need," Secretary Leavitt said.

homeownership rehabilitates