To All Members and Project Sponsors:
We have revised our Affordable Housing Program (AHP) Implementation Plan. The following changes are effective beginning with the AHP 2011 Round B competition:
Added language setting forth the Bank’s process for accepting applications for additional subsidy from members and sponsors of incomplete projects with existing awards.
The revised AHP Implementation Plan is posted on the Bank’s website. If you have any questions about the AHP or the revised IP, please email Community Investment or call (415) 616-2542.
James E. Yacenda
Vice President and Community Investment Officer