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Jobs for New England

Jobs for New England (JNE) offers FHLBank Boston members below market-rate financing for small business loans that create or preserve jobs, expand woman-, minority-, or veteran-owned businesses, or otherwise stimulate the economy in New England communities.

Advances for Economic Development or Job Creation & Preservation

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The first application period for JNE advances closes at 5:00 p.m. on Friday, February 22. A second application round will open June 3, 2019.

FHLBank Boston has committed up to $6.5 million in 2019 to subsidize the interest-rate on JNE advances. Members are eligible to receive up to $75,000 in interest-rate subsidy. Funding for round one will be available beginning March 4, 2019 with a disbursement deadline of May 31. The second application period opens June 3, 2019.

Learn More

Jobs for New England Webinar

Play Webinar | View Slides

This presentation provides an overview of the Federal Home Loan Bank of Boston’s 2019 Jobs for New England program.


For more information, please call Senior Community Investment Manager Michael Pingpank at 617-425-9564 or contact your relationship manager.

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