Federal Home Loan Bank Seeks Advocate for Affordable Housing Advisory Council
June 14, 2012
June 14, 2012
The Federal Home Loan Bank of Seattle (FHLBS) has a rare opportunity for an affordable housing advocate to be part of its Affordable Housing Advisory Council representing the state of Washington.
“The Advisory Council is a fit for community and nonprofit organizations that actively engaged in providing or promoting low- and moderate-income housing or community lending,” said Jennifer Ernst, Vice President/Community Investment Officer.
The Advisory Council meets with the Seattle Bank’s board of directors at least quarterly, providing input on how the FHLBS can carry out its community lending mission. The Advisory Council typically gives advice on low- and moderate-income housing and community lending needs, the appropriate use of Affordable Housing Program (HAP) subsidies and other credit products.
Ernst said Washington’s current Advisory Council member—John Berdes, president and CEO of Craft3—will leave when his term expires Dec. 31, 2012. The next Washington Advisory Council member selected will be asked to serve a three-year term, Ernst said. She agreed some of the housing advocates partnered with Washington’s credit unions might be good candidates for the Advisory Council.
The deadline for submitting nominations is June 22. More information can be found online.
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Posted in Federal.