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Overview
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Jobs for New England

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


Zero-Percent Advances for Economic Development or
Job Creation & Preservation

Apply Online

 

FHLBank Boston has committed up to $5 million in 2018 to subsidize the interest-rate on JNE advances. Members are eligible to receive up to $250,000 in interest-rate subsidy this year. JNE will be allocated through two funding periods. The first funding period kicks off January 12, 2018. The second funding period opens July 2, 2018.

The $5 million in interest subsidies will be provided on a first-come, first-served basis, and the full subsidy amount is expected to be utilized by mid-year. In the last two years, 72 members were able to take advantage of JNE. We hope you will be added to the list in 2018. Act now!

Partner with FHLB Boston to promote economic development in your community by funding small business loans – as featured on New England Cable News Audio icon and in the Boston Globe.


Learn More Program Resources

Contact

For more information, please call program manager Fatima Razzaq or Kathy Naczas Office Phone icon at 1-888-424-3863 (option 1) or contact your relationship manager.

 
Community Lending Plan Adobe PDF icon
Rates Specials
Products and Solutions Guide Adobe PDF icon
Membership