The 2020 AHEAD Program application period closed on June 2. In response to the economic shocks caused by the COVID-19 crisis, the Bank increased its planned $1.5 million 2020 funding allocation by $2 million, for a total of $3.5 million in AHEAD grants available this year. Funding can be used to help local nonprofits struggling to adapt to increased costs, loss of staff, and postponed fundraising campaigns tied to the pandemic, as well as for specific economic development initiatives. We plan to announce this year’s AHEAD Program grant winners in September.
In the 2019 program year, the Bank awarded $1.5 million to 35 member financial institutions for 55 innovative economic development projects and housing initiatives in Arizona, California, and Nevada. In addition, in response to the devastation caused by natural disasters throughout the Bank’s district, the Bank also awarded a total of $781,250 in grants, through five Bank members, to support certain economic recovery and resiliency projects located in FEMA-declared disaster areas.
- 2019 AHEAD Awards (updated 1/20)
- Details about the 2019 Awarded Projects (updated 1/20)
- 2019 Economic Recovery and Resiliency Awards
- Previous AHEAD Awards
Only Bank members may submit applications for AHEAD grants. During the annual application period, members working in partnership with community-based nonprofit organizations, local government agencies, or tribal associations may apply for grants for specific projects. All projects must be located in Arizona, California, or Nevada. Interested organizations should contact a Bank member early in their planning process about partnering on an application.
The member submits a disbursement request, with complete information and all required documentation, via our secure portal. Once a workspace on the secure portal has been created and access granted, please review How to Upload AHEAD Documents. When all disbursement documents have been uploaded to the appropriate folders, notify the bank at email@example.com.
Bank members must submit the following disbursement documents via the secure portal:
- AHEAD Program Agreement
- AHEAD Program Certification and Disbursement Request
- AHEAD Program Budget Workbook (Disbursement worksheet only)
Funds will be provided through a grant to the member. The member must request disbursement of the grant by the last business day of the calendar year following the effective date of the AHEAD Program Agreement executed by the member and the project sponsor. The member must disburse the funds to the project sponsor within 30 days of receipt of funds from the Bank. The grant is not an indebtedness of the member or the project sponsor and will not be secured by a retention mechanism. Grant funds must be used within 18 months of the effective date of the award, or may be subject to recapture or repayment.
Annual Project Status Reports for AHEAD Grant Recipients
Within 18 months of notification of the AHEAD award, the project sponsor is required to provide the member and the Bank with a one-time Project Status Report outlining the status of the project. The report must include financial statements or other documentation showing expenditures of the grant funds and explain any significant variances to the proposed use of the grant, as stated in the application. The report must include an updated AHEAD Program Budget Workbook.
The member submits the compliance documents, with complete information and all required documentation, via our secure portal . Once a workspace on the secure portal has been created and access granted, please review How to Upload AHEAD Documents. When all compliance documents have been uploaded to the appropriate folders, notify the bank at firstname.lastname@example.org.
Bank members must submit the following compliance documents via the secure portal:
May 5, 2020
2020 AHEAD Program: Apply Now
May 7, 2019
2019 AHEAD Program: Apply Now
April 24, 2018
2018 AHEAD Program: Apply Now
May 2, 2017
2017 AHEAD Program: Apply Now
May 3, 2016
2016 AHEAD Program: Apply Now
May 5, 2015
2015 AHEAD Program: Apply Now
May 9, 2014
2014 AHEAD Program: Apply Now
May 9, 2013
2013 AHEAD Program: Apply Now
May 1, 2012
2012 AHEAD Program: Apply Now
May 2, 2011
2011 AHEAD Program: Apply Now
April 20, 2010
2010 AHEAD Program: Apply Now
April 17, 2009
2009 AHEAD Program: Apply Now
The Bank now only accepts documents electronically, using a secure portal hosted by Workspaces/Watchdox.
All forms and documents related to the AHEAD Program are available here.
AHEAD Program Agreement
AHEAD Program Certification and Disbursement Request
AHEAD Program Budget Workbook (Disbursement worksheet only)