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A Federal Home Loan Bank (FHLB) program that provides competitive grants and subsidized loans through local bank members. These funds support the development and preservation of affordable housing. Use of funds is flexible and they can be used with many other state and federal programs.<\/p>", "inDefinedTermSet": "https://affordablehousingonline.com/glossary" },

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Affordable Housing Program (AHP)

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A Federal Home Loan Bank (FHLB) program that provides competitive grants and subsidized loans through local bank members to support affordable housing deelopment. Use of funds is flexible and they can be used with many other programs.