Tennessee Valey FCU Awarded $200 FHLB Affordable Housing Grant

CHATTANOOGA, Tenn. – The Federal Home Loan Bank of Cincinnati said it approved seven grants totaling $781,300 in funds under the American Dream Homeownership, including $200,000 for Tennessee Valley FCU help provide accessible condominium living to four households with special needs in Hamilton County, Tenn.

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American Dream is a voluntary program aimed at increasing minority homeownership nationwide.

The Cincinnati Bank will award a total of $2.5 million in American Dream grants in three rounds for 2008.


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