Funding Amount

Varies by project (examples: $214,500, $241,000)

Deadline

Deadline not published

Grant Type

Foundation

Can we apply?

Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.

Eligible organizations

  • Nonprofits committed to expanding affordable housing access

Other requirements

  • Organizations working in affordable housing development
  • Educational institutions with housing programs

Overview

Community First® Developer Program

Funder: Federal Home Loan Bank of Chicago, delivered through Forward Community Investments as member bank sponsor

Overview:
The Community First® Developer Program provides grants to support the development of affordable housing leaders and emerging developers. The program funds fellowships, internships, and educational initiatives that strengthen the pipeline of real estate professionals committed to expanding access to affordable housing and community development.

Geographic Scope: Illinois and Wisconsin

Focus Areas:

  • Affordable housing development capacity building
  • Fellowships and internships for emerging professionals
  • Educational programs in affordable housing
  • Project management and community engagement training

Eligible Applicants:

  • Organizations working in affordable housing development
  • Educational institutions with housing programs
  • Nonprofits committed to expanding affordable housing access

Recent Awards:

  • $214,500 to University of Wisconsin Housing Scholar Program (March 2026)
  • $241,000 to Kaba-Baal LLC for fellowships and internships (March 2026)
  • $5.9 million distributed across Illinois and Wisconsin in one funding round, supporting 110+ fellowships and internships at 28 organizations

www.forwardci.org

More Information: https://www.fhlbc.com/products-programs/housing-community-grants/developer-program

What Forward Community Investments Inc actually gave

Source: IRS Form 990, 2023 — the most recent filing with itemized grants

Grants in 2023
2
Total given
$55K
Median grant
$28K
Range
$15K–$40K
  • By dollars: Wisconsin 100%. Top recipient cities: Milwaukee, WI; Madison, WI.

Example grants

  • Layton Boulevard West Neighbors Inc · Milwaukee, WI

    Affordable housing lush home project

    $40K

  • Madison Reading Project Inc · Madison, WI

    New bus program extension

    $15K

IRS Form 990, 2023. Amounts as reported by the funder. Full 990 history →

Focus Areas & Funding Uses

Fields of Work

  • Affordable housing
  • Workforce development
  • Capacity building

Categories

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