Nominations Due for Affordable Housing Advisory Council (AHAC) by Nov. 20, 2020
November 3, 2020
We need your help to identify affordable housing and community lending industry leaders to serve on our Affordable Housing Advisory Council (AHAC). AHAC nominations are due Friday, November 20, 2020.
About the AHAC
FHLBank Topeka’s Affordable Housing Program sets aside funds each year for member institutions to use in financing affordable housing for low- and moderate-income households in their communities in partnership with public and private local housing development organizations.
Created when the Affordable Housing Program was established by Congress in 1989, the AHAC is tasked with meeting with representatives of FHLBank's board of directors quarterly and to provide advice on ways in which FHLBank can better carry out its housing finance and community lending mission.
FHLBank's AHAC is comprised of 12 individuals. AHAC members must reside in FHLBank district and must be from community (both for profit and nonprofit) organizations that are actively involved in providing or promoting low- and moderate-income housing or community lending in FHLBank's district. Employees of FHLBank's members are not eligible to serve on the AHAC. To increase the diversity of experience on the AHAC, FHLBank is seeking nominees with community lending and economic development expertise in addition to expertise with affordable housing.
Three people from each state in the district will serve on FHLBank’s AHAC, generally for three-year, staggered terms. Current members are eligible for reappointment but may not serve more than three consecutive three-year terms.
There are four open seats for which we are now accepting nominations, one each in Colorado, Kansas, Nebraska and Oklahoma. The individuals selected will serve a term beginning January 1, 2021 and ending December 31, 2023.
See current members here >>>
AHAC members receive a fee for each meeting attended and are reimbursed for all travel and associated expenses incurred. The fees are detailed in the chart below. Nominees must be willing to travel to any of the four states in FHLBank’s district at least twice annually to attend meetings. Currently two meetings are in-person and two are by video conference. Nominators should verify that nominees are willing and able to participate in these one-day meetings, generally held during the second or third week of March, June, September and December.
|| Video Conference
|| $ 750
|| $ 500
|| $ 2,500
|| $ 600
|| $ 350
|| $ 1,900
|| $ 500
|| $ 250
|| $ 1,500
How to Nominate Someone
Please complete the nomination form and submit it for individuals you believe meet the qualifications to represent your state on FHLBank Topeka’s AHAC. Please feel free to nominate more than one qualified individual.
The 2020 nomination process has changed. To submit an individual for nomination, complete and submit the online Nominator Form. Nominees will need to complete and submit a Nominee Form along with their resume. All forms and resumes must be submitted on or before the nomination closing date of November 20, 2020.
Thank you for your assistance in nominating qualified individuals to FHLBank's AHAC. Please contact Tom Thull, director of Housing and Community Development, at 785.478.8056, if you have questions.