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December 26, 2013

FHLB helps fund 14 projects

Federal Home Loan Bank of Seattle has given $5.5 million in Affordable Housing Program funds to 14 projects, with a total of 640 units of low-income housing in Washington, Idaho, Montana, Oregon and Utah. Six of the projects are in Washington, and they received a total of $2.6 million in funds. Federal Home Loan Bank of Seattle is member-owned and serves more than 330 financial institutions, providing subsidies to buy, build or renovate low-income units.




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