Tennessee and Alabama Member Information

Information on the Carol M. Peterson Housing Fund is available for review at the FHLB-CIN website (see below). If you are interested in participating through Fahe as your Member Bank, we ask that you do 2 things:

  • By Thur. May 21: Email Jackie: jackie@fahe.org with the number of projects and approximate dollar value of the projects. (max. amt from CMPF is $7,500/home, total of no more than $75,000 per Sponsor).
  • By Wed. May 26: Complete and submit the FHLB Cincinnati Sponsor Capacity Form with your 501 (C) (3) letter if you were not previously approved in 2018 or 2019.

Based on the level of interest from various Fahe Member groups, we will determine how much each Member can submit in reservations so as to achieve an equitable spread of the available funds. We will have the determination to you no later than Friday, May 22 at which time you can start submitting your completed reservation packets to us. 

https://www.fhlbcin.com/community-investment/program-documents-and-forms/ . The 2020 CMPHF webinar will be recorded and available for listening or downloading the presentation on February 24, 2020.

Please feel free to contact Jasmine Grant should you have any questions or concerns regarding the 2020 CMPHF program.

Shared by Norma, Fahe’s VP of Human Resources RE: Families 1st Coronavirus Response Act

On Wednesday, March 18, President Trump signed H.R. 6201, the “Families First Coronavirus Response Act,” into law. It becomes effective on April 2nd, which is a short period for taking compliance steps and budgeting for the changes. Among the provisions of the coronavirus relief bill are items relating to paid sick time and family leave, which we [McBrayer LLC] have summarized HERE, as they will have an enormous impact on employers.

Office of National Drug Control Policy

We are very excited to share that on Friday, the Administration released a new tool to assist rural community leaders in building an effective local response to the crisis of addiction, the Rural Community Action Guide: Building Stronger, Healthy Drug-Free Rural Communities.  

The guide complements both the Community Assessment Tool, which gives county specific data about deaths and factors which may make a community more vulnerable to addiction, and the Federal Rural Resources Guide, which includes comprehensive information about different federal funds for rural communities impacted by addiction.  The Guide also has a companion supplement, a listing of promising practices which you can find here: Rural Community Action Guide: Promising Practices.

Per Anne Hazlett, news sent on funding announcements every few weeks- to be added to that list, please email Betty-Ann Bryce

Kaboom grant for playground equipment – rolling deadline, fundraising match required – check it out HERE Frequently Asked questions/answers HERE

AHFA NEWS/UPDATES Facebook, Instagram, and YouTube Sign up for newsletters HERE

In early January, AHFA released their FY19 Annual Report.

Help Community Heroes Purchase a Home – New Program! Community Heroes, in partnership with FHLB-Atlanta helps law enforcement officers, public school educators, firefighters, and other first responders purchase a home.  Learn more HERE