The Federal Home Loan Bank of Indianapolis announced it is seeking nominations to fill current and upcoming open positions on its Affordable Housing Advisory Council (AHAC). The AHAC is comprised of 12 housing and community development leaders from across the Bank’s district of Indiana and Michigan who are tasked with providing guidance on affordable housing initiatives and housing needs throughout the district.
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The AHAC meets quarterly with staff and representatives from FHLBank Indianapolis’ Board of Directors to advise the Bank on low- and moderate-income housing programs and housing needs in Indiana and Michigan. The AHAC is responsible for providing guidance and recommendations to inform the Bank’s annual Affordable Housing Program Implementation and Targeted Community Lending Plans, as well as scoring methodologies for certain district requirements for the Affordable Housing Program (AHP) general fund and eligibility criteria for targeted homeownership initiatives through AHP setasides.
Nominations may be submitted by member financial institutions, community organizations or other interested parties. Council members are appointed by the Bank’s Board of Directors to serve three-year terms. Background checks will be performed on all individuals who accept a nomination to join the Affordable Housing Advisory Council.
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The currently open Indiana-based position became vacant effective Dec. 1, 2025, when previous AHAC chair and member serving since 2022, George Guy, previously of the Fort Wayne Housing Authority, accepted a position outside the Bank’s district. As of Dec. 1, the Council is chaired by Jermaine Ruffin, VP of Neighborhoods at Invest Detroit. Luke Forrest, Director of Engagement at the Michigan Department of Labor and Economic Opportunity, serves as vice-chair.
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In addition, four current AHAC members will reach the end of their term in 2026, leaving one open seat in Michigan and three open seats in Indiana. Nominations for the current Indiana-based position will be accepted until Jan. 31, 2026. Nominations for the forthcoming open positions will be accepted through July 31, 2026.
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Source : globenewswire