What factors are considered by the Bank when determining application eligibility?
The Bank will review each application to ensure:
- The grantee is an eligible not-for-profit or government entity.
- The use of funds supports affordable housing or community development and does not meet the criteria for an ineligible use.
- The member is in good standing with the Bank such as its financial standing, Community Support review, etc.
Based upon this review, the Bank, at its sole discretion, may approve or reject a Member Impact Fund application.
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