To All Members and Interested Community Groups:
The Bank’s Access to Housing and Economic Assistance for Development (AHEAD) Program provides grants of up to $50,000 for targeted economic development projects and non AHP-eligible housing initiatives that aim to create or preserve jobs, facilitate infrastructure improvements, or deliver services and programs that benefit low- and moderate-income communities. I encourage you to participate in this year’s AHEAD Program to help address pressing needs in our communities.
AHEAD applications will be accepted between May 3, 2016, and June 2, 2016. Only Bank members may submit applications; nonprofit organizations are invited to contact us to connect with local Bank members active in the program. We plan to announce this year’s grant recipients in early September.
The Bank’s Board of Directors has increased the total funding available for AHEAD in 2016 to $1.5 million. Individual grants are expected to average between $20,000 and $50,000, and can be used to finance a wide variety of expenses, including studies and project plans, consulting or professional services, and organizational or capacity-building activities.
Since launching the program in 2004, the Bank has awarded over $8.5 million in AHEAD funds to 302 projects in Arizona, California, and Nevada. In 2015, 25 members received AHEAD grants to support 35 local initiatives, including projects and programs designed to:
For more information about the AHEAD Program, the application process, or previous award recipients, please visit our website. If you have additional questions, contact the Bank’s Community Investment Department at (415) 616-2542 or email firstname.lastname@example.org.
President and Chief Executive Officer