FHLB - Federal Home Loan Bank of Atlanta

Members have access to affordable housing grants and other funds, such as discounted advances, to finance affordable rental and ownership projects and to help fund the purchase and rehabilitation of homes by eligible homebuyers and homeowners.

They offer flexible advance products designed to meet your specific needs. FHLBank Atlanta advances provide an excellent source for liquidity and are effective tools for managing interest-rate risk and supporting asset / liability management strategies.

Affordable Housing Program

FHLBank Atlanta is committed to helping the communities of our member financial institutions grow and prosper. We offer a variety of homeownership and rental products as well as services to help connect our members to business drivers in their markets, including real estate professionals, developers, local governments, Housing Finance Agencies, and nonprofit organizations. 

Each year, we set aside 10 percent of our annual net income to invest back into our members' communities through our Affordable Housing Program (AHP). These resources help members to provide critical funding for affordable housing development throughout the communities they serve.

In addition, our community investment advances offer reduced rate funding that also provides critical support for affordable housing and local economic development. 

By delivering funding resources for affordable housing in their community, members are also stimulating their local economy. For every $1 million dollars invested in AHP, $14.3 million of housing is constructed or rehabilitated and 158 jobs are created*. That means new potential customers and increased goodwill for member institutions and a thriving community.

*Beyond Units: Economic Benefits of Federal Home Loan Bank of Atlanta's Affordable Housing Program. The Hendrickson Company and The Schimberg Center for Housing Studies, University of Florida.

The AHP Income Calculator assists members and non-members in calculating whether a specific household's income exceeds 80 percent of the Area Median Income.

First-Time Homebuyer Product

  • $12,500 available

  • Contribute at least $1,000 toward the purchase of the home

  • Occupy the home as a primary residence

  • Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta

  • Lein on property for 5-years.  Forgiven after 5-years.

  • 1st time home buyers, not own for past 3-years.

  • Income:  80% AMI – household income

  • $250 cash back maximum

    Community Partners

  • Law enforcement, educators, health care, first responser, veterans, bus drivers, maint staff.

    o   $15,000

    o   Not required to be 1st time Buyers.

    o   Low-Moderate

    o   Income:  80% AMI – household income

    o   $1,000 minimum contribution

    o   $250 cash back maximum

    community rebuild & Restore

  • Existing home owners in disaster areas.

  • $10,000 max funds.

  • Use of funds:  used for home repairs.

  • 36-month window to use these home owners.

  • Will need FEMI ID