Four Travois clients were recently awarded Affordable Housing Program (AHP) funds from the Federal Home Loan Bank of Chicago and the Federal Home Loan Bank of Seattle for five projects. The awards total is a combined $1.86 million for these clients!
With these awards, Travois has raised more than $22 million in AHP funds through 57 successful applications, assisting tribes with grant funding for new or rehabilitated homes. We are thrilled these clients will get an extra boost for their housing developments. We are also thrilled that each client will be using architectural designs from our Travois Design & Construction Services team.
The Federal Home Loan Bank (FHLB) of Chicago recently awarded nearly $22 million through its competitive Affordable Housing Program (AHP) to help finance 43 affordable housing projects. The Seattle branch awarded $4.8 million of Affordable Housing Program (AHP) subsidy to support 13 projects.
The winning projects are:
Bad River Homes II was awarded $432,000 from the FHLB Chicago. This project will rehabilitate 24 homes on the Bad River Indian Reservation in Odanah, WI. The project also includes the construction of 18 detached garages. The homes will include new Energy Star appliances, and 22 of the homes will have an updated kitchen layout that will provide more storage, countertop space and island seating. All of the homes will receive a new roof, exterior siding and trim and new windows and doors. All of the insulation and waterproofing will be replaced to provide a very efficient building envelope.
Sokaogon Homes II received $432,000 of AHP subsidy from the FHLB Chicago. The Sokaogon Chippewa Housing Authority will build 24 new units on the reservation in Crandon, WI. This new construction project also includes storage sheds with solar panels on the roofs, covered porches and open floor plans. All of the homes will have basements that are designed to allow for the addition of two or three more bedrooms in the future, if the families need more space.
Sokaogon Supportive Residences was awarded $414,000 from the FHLB Chicago. The housing authority will rehabilitate 23 units in Crandon, WI for tribal members who are in need of supportive services, such as military veterans, persons with disabilities or persons who are homeless. The project includes a new community laundry facility, 24 new storage lockers, 12 covered parking spaces, buried storm shelters, new kitchens, and built-in storage and shelving to create a functional, aesthetically pleasing space. All homes will be ADA accessible and provide supportive services for residents who have disabilities. Ten percent of the homes will have roll-in showers.
Chippewa Cree Homes I was awarded $280,886 from the FHLB Seattle to acquire and rehabilitate 33 single-family rental homes in Azure and Box Elder, MT. All of these homes will be built by the local workforce, including tribal members, and will include new Energy Star appliances, hard surface flooring, energy-efficient windows and new siding and roofing. Residents will have access to parenting classes as well as child development, skill building, and traditional family-activities classes.
Warm Springs Homes I received $305,966 from the FHLB Seattle for the construction of 35 new single-family rental homes for low-income households on the Warm Springs Reservation in Warm Springs, OR. The homes will be a combination of one- and two-story homes and each will include attached garages. Four units will be reserved for families with disabilities, and three units will be reserved for families with family members who are recovering from substance abuse. The project also includes construction of a new community center that will house a large shared kitchen, a multipurpose room and offices.
View a summary of the awards from the Federal Home Loan Bank of Chicago here.
View a summary of the awards from the Federal Home Loan Bank of Seattle here.