New: Community Heroes

The Community Heroes initiative creates partnerships between FHLBank Atlanta and local governments or housing finance agencies to provide grant funding for home purchase assistance. Eligible homebuyers include law enforcement officers, public school educators, firefighters, and other first responders in FHLBank Atlanta's district earning greater than 80 percent and up to 120 percent of area median income. 

The initiative will combine up to $4.5 million in funding from FHLBank Atlanta with up to $13.5 million in additional funding from local entities to provide a total of $18 million. Funds will be delivered exclusively through FHLBank Atlanta member financial institutions.

FHLBank Atlanta will start accepting proposals from local entities on November 5, 2018, and will review them on a quarterly basis beginning on December 3, 2018. 

Members who participate in the Community Heroes initiative will have the ability to leverage a new pipeline of potential customers and depositors, enhance their Community Reinvestment Act strategy, achieve lending business objectives, and build a stronger relationship with local entities.

Current Partners

Alabama Housing Finance Authority (AHFA)
FHLBank Atlanta and AHFA are offering the opportunity to access $1 million in grant funds for eligible homebuyers. Learn more.

Atlanta Police Foundation and Westside Future Fund
FHLBank Atlanta, the Westside Future Fund, and the Atlanta Police Foundation are offering the opportunity to access $900,000 in grant funds for eligible homebuyers. Learn more.

City of Asheville
FHLBank Atlanta and the City of Asheville are offering the opportunity to access $400,000 in grant funds for eligible homebuyers. Learn more.

City of Tampa
FHLBank Atlanta and the City of Tampa are offering the opportunity to access $1 million in grant funds for eligible homebuyers. Learn more.

Housing Finance Authority of Pinellas County
FHLBank Atlanta and the Housing Finance Authority of Pinellas County are offering the opportunity to access $530,000 in grant funds for eligible homebuyers. Learn more.

South Carolina State Housing Finance and Development Authority (SC Housing)
FHLBank Atlanta and SC Housing are offering the opportunity to access $600,000 in grant funds for eligible homebuyers. Learn more.

Virginia Housing Development Agency
FHLBank Atlanta and the Virginia Housing Development Agency are offering the opportunity to access $1 million in grant funds for eligible homebuyers. Learn more.

More Information 
View our latest Community Heroes presentation 

For local entities, take advantage of our zip code locator to find a member financial institution 

View the press release announcing the Community Heroes Initiative

Contact Us