Federal Home Loan Bank of Chicago to help finance $20.6 million in affordable housing projects in Illinois and Wisconsin

Milwaukee projects expected to receive $1.64 million in assistance as part of effort

The former McKinley School. Credit: Google
The former McKinley School in Milwaukee. Credit: Google

The Federal Home Loan Bank of Chicago (FHLBank Chicago) announced that it has granted $20.6 million via its Affordable Housing Program (AHP) General Fund to help finance 35 housing projects in Illinois and Wisconsin. According to a press release, the funds will support the acquisition, rehabilitation, and new construction of over 1,600 housing units, including

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Cara Spoto
Cara covers nonprofits, healthcare and education for BizTimes. Cara lives in Waukesha with her husband, a teenager, a toddler, a dog named Neutron, a bird named Potter, and a lizard named Peyoye. She loves music, food, and comedy, but not necessarily in that order.

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