FHLBank Chicago Opens Applications for $3 Million Developer Program to Grow Affordable Housing Talent Pipeline
The Federal Home Loan Bank of Chicago (FHLBank Chicago) today opened applications for its 2026 Community First® Developer Program (Developer Program), a grant initiative that helps organizations train and develop the next generation of affordable housing professionals across Illinois and Wisconsin.
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FHLBank Chicago will award up to $3 million, delivered through its financial institution members to eligible organizations. Grants will range from $50,000 to $200,000, and applications are open through July 31, 2026.
"Expanding housing supply and addressing affordability challenges requires a skilled workforce prepared to meet growing demand," said Katie Naftzger, SVP and Community Investment Officer, FHLBank Chicago. "The Developer Program helps organizations build capacity, strengthen the pipeline of future affordable housing leaders and advance affordable housing initiatives across our district."
