Enroll in the 2020 Downpayment Plus® Programs
The Federal Home Loan Bank of Chicago’s (FHLBank Chicago) 2020 Downpayment Plus and Downpayment Plus Advantage® (DPP Advantage®) programs open Monday, January 13. In 2020, participating members may reserve up to $420,000 in the general pool on a first-come, first-served basis to help their income-eligible borrowers with Downpayment and closing costs. There is no limit in the DPP Advantage pool.
In order to participate in the 2020 DPP program, member institutions must submit a new Program Agreement, even if the member participated in the 2019 programs. The Program Agreement must be completed in its entirety, signed by an authorized signatory of the member institution, and submitted via email to MemberDocs@fhlbc.com.
To learn more about the 2020 programs, please visit the DPP web page or contact Community Investment at 312-565-5824 or dpp@fhlbc.com with any questions.
In order to participate in the 2020 DPP program, member institutions must submit a new Program Agreement, even if the member participated in the 2019 programs. The Program Agreement must be completed in its entirety, signed by an authorized signatory of the member institution, and submitted via email to MemberDocs@fhlbc.com.
To learn more about the 2020 programs, please visit the DPP web page or contact Community Investment at 312-565-5824 or dpp@fhlbc.com with any questions.