To All Members and Interested Community Groups:
I am pleased to announce the opening of the application period for the Bank’s 2017 Access to Housing and Economic Assistance for Development (AHEAD) Program. AHEAD is a grant program that allows our members to support targeted economic and community development projects and non-AHP eligible housing initiatives that benefit lower-income communities.
Applications will be accepted between May 2, 2017, and June 1, 2017. 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 AHEAD Program is designed to boost local initiatives that target pressing community needs by creating or preserving jobs, supporting the organizational and capacity-building activities of nonprofits, delivering social services, or providing training, education, and other needed services and programs. 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 and consulting or professional services.
Funded at the discretion of the Bank’s Board of Directors, the amount of AHEAD funding for 2017 is $1.5 million. Since launching the program in 2004, the Bank has awarded over $10 million in AHEAD grants to 354 projects in Arizona, California, and Nevada. In 2016, 28 members received AHEAD grants to support 51 local initiatives, including projects and programs aimed at:
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 email@example.com.
President and Chief Executive Officer