Affordable Housing Advisory Council
Federal Home Loan Bank of Atlanta Affordable Housing Advisory Council
The Federal Home Loan Bank of Atlanta (Bank) is soliciting nominations from Virginia for individuals to serve on the Bank’s Affordable Housing Advisory Council (Advisory Council). Nominations can be made by completing and returning the attached nomination form. Nominations must be received by FHLBank Atlanta no later than Wednesday, January 10, 2018.
The Bank seeks nominees from a diverse range of for-profit or nonprofit organizations and private, public or quasi-public entities actively involved in affordable housing and/or economic development in the state of Virginia. The Advisory Council meets quarterly to advise the Bank’s board of directors on ways in which the Bank can better carry out its housing finance and community lending mission, including, but not limited to, advice on the low- and moderate-income housing and community lending products, market conditions and credit needs in the Bank’s district, and on the use of the Bank’s Affordable Housing Program (AHP) products and services for these purposes. Members of the Advisory Council receive a stipend for each quarterly meeting they attend and are reimbursed for travel, lodging and meal expenses. Quarterly, in-person meetings of the Advisory Council typically require one and a half days, beginning at noon.
Appointments to the Advisory Council are for a one, two, or three-year term with a maximum of two consecutive terms. One Virginia appointees will serve an initial term beginning in January 2018. An additional appointee will fill a vacancy for the remainder of an unexpired term that ends in December 2019.
Please note: Employees of one of the member financial institutions of the Federal Home Loan Bank of Atlanta are not eligible to serve on Bank’s Advisory Council.
Please consult the Bank’s website call Arthur Fleming, Senior Vice President and Director of Community Investment Services, at 404.888.8359, or Rob Boyd, at 404.888.8366 if you have questions about the Advisory Council or the nomination process.