The FHLBank Chicago is now accepting applications for its Community First® Capacity-Building Grant Program. Nonprofit lenders with a footprint in Illinois and Wisconsin may apply for up to $50,000 in grant funds, through FHLBank Chicago members, to strengthen their financial position, operational efficiency, and/or human capital.
Eligible nonprofit lenders may include community development financial institutions (CDFIs), community development loan funds, and community development corporations. Nonprofit lenders may submit an application through one of FHLBank Chicago's member institutions to support a variety of purposes, all of which are listed on the application. The application deadline is Friday, May 1, 2020.
Read the application for more details and program guidelines.