Eric Frey, II, Executive Director, Administrative Resource Association and Southern Indiana Housing CDC in Columbus, IN has been selected to serve on Federal Home Loan Bank (FHLBank) of Indianapolis’ Affordable Housing Advisory Council for a three-year term.
AHAC is comprised of 12 community and not-for-profit leaders actively involved in providing or promoting low- and moderate-income housing and community lending in Indiana and Michigan. The Council meets quarterly to review affordable housing needs across the two states and advises FHLBank Indianapolis on its efforts to carry out its housing finance and community investment mission. Additionally, the group provides recommendations to the bank’s Board of Directors regarding affordable housing credit products and program priorities.
“The advisory council provides specialized knowledge of affordable housing and of the unique needs of our district,” said Cindy L. Konich, FHLBank Indianapolis President and CEO. “The council’s understanding and experience with affordable housing finance, community economic development, and local lending needs truly enriches our ability to meet our affordable housing mission through our member financial institutions.”