CHICAGO -- The Federal Home Loan Bank of Chicago set aside $100 million in low-cost financing that member banks and thrifts may use to help flood victims in Illinois and Wisconsin.

Lenders in officially declared disaster areas may borrow money at interest rates barely above Treasury rates. The actual rate varies with the term of the loan, but it is set 5 basis points below the bank's special Community Investment Program, which makes loans at the bank's cost.

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