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, healthcare workers, essential workers, 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 started 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