Jobs for New England (JNE) offers FHLB 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
Partner with FHLB Boston to promote economic development in your community by funding small business loans – as featured on New England Cable News and in the Boston Globe.
FHLB Boston has committed up to $5 million in 2017 to subsidize the interest-rate on JNE advances. Members are eligible to receive up to $250,000 in interest-rate subsidy this year.
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. Last year 47 members were able to take advantage of JNE. We hope you will be one of those in 2017. Act now!
For more information, please call program manager Fatima Razzaq or Kathy Naczas 1-888-424-3863
(option 1), email
or contact your relationship manager.