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Affordable Housing PROGRAM
Equity Builder PROGRAM
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  Grants for New England Partnerships
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Through its Grants for New England Partnerships (GNP) program, the Federal Home Loan Bank of Boston awards grants to eligible member institutions for distribution to the nonprofit organizations of their choice. In many cases, the nominating member matches the Bank's grant.

For more information, contact Paulette Vass, Community Development advance manager, at 617-292-9792 or paulette.vass@fhlbboston.com.

2015 GNP Eligibility Criteria
During 2015, as part of the Bank’s celebration of the 25th anniversary of the Affordable Housing Program, including the Equity Builder Program, a grant award of $2,500 will be awarded to two members in each of the six New England states that participated in both the Affordable Housing Program (AHP) and the Equity Builder Program (EBP) over the past 25 years (13 years for EBP).

2014 GNP Program Results
During 2014, the Federal Home Loan Bank of Boston awarded a total of $25,000 in grants to 25 nonprofit organizations on behalf of 25 members that either submitted an eligible application under the CDA Extra, CDA, or EBP programs. Eligibility parameters for 2014 included member first-time use of the CDA Extra, CDA or EBP programs; CDA Extra or CDA applications for economic-development initiatives located in an income-eligible census tract; or CDA applications for small-business lending.

In 2014, our members sponsored the following nonprofit organizations:



Family Life Support Center, Inc.

Adams Community Bank

Community Financial Literacy

Biddeford Savings Bank

Somerville Homeless Coalition

Brookline Bank

Independence House, Inc.

Cape Cod Co-Operative Bank

Ben Speaks Louder Than Words

Charles River Bank

Eastern Connecticut Housing Opportunities, Inc.

Chelsea Groton Bank

The Community Fund of Darien

Darien Rowayton Bank

Merrimack Valley Housing Partnership

First Federal Savings Bank of Boston

Rhode Islanders Sponsoring Education

Home Loan Investment Bank, FSB

Boys & Girls Club of Fitchburg and Leominster

I-C Federal Credit Union

United Way of Greater Waterbury as fiduciary for Bridge
to Success Community Partnership

Ion Bank

Theater at Monmouth

Kennebec Savings Bank

Central Berkshire Habitat for Humanity

Lee Bank

Medicine Wheel Productions

Mass Bay Credit Union

Laconia Area Community Land Trust, Inc.

Meredith Village Savings Bank

Neighborhood Housing Services of Waterbury

Naugatuck Valley Savings and Loan

Medfield Foundation, Inc.

Needham Bank

Pierce Hollow Village, Inc.

Newtown Savings Bank

The Progress Center, Inc.

Norway Savings Bank

Bernardian Foundation, Inc.

Rollstone Bank & Trust

The Salvation Army

Savings Bank of Danbury

South Shore Habitat For Humanity

The Braintree Co-Operative Bank

Meals on Wheels of Lamoille County

Union Bank

Somerville Community Corporation

Winter Hill Bank, FSB

Horse Meadow Senior Center

Woodsville Guaranty Savings Bank




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