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Real Estate Professionals

Services for Real Estate Professionals

FHLBank Atlanta's Affordable Housing Program (AHP) Set-aside Products provide down-payment, closing-cost, and rehabilitation funding to qualified homebuyers and homeowners. As a real estate professional, you can work with local FHLBank Atlanta member financial institutions to extend these funding products to prospective homebuyers in your community. The products can help you:

  • Reach new customer markets, including both first-time homebuyers and non-first-time homebuyers, and grow your sales
  • Access flexible down-payment and closing-cost funding for your customers without local government resources and with minimal paperwork
  • Streamline your sales process by using FHLBank Atlanta as a one-stop-shop for subsidy funding

Each of the following products is targeted to households earning 80 percent or below the area median income. Individuals who would like to access funds must meet eligibility guidelines and apply for funds through an FHLBank Atlanta member financial institution.

Current Products

Community Partners Product

Provides up to $7,500 in down-payment and closing-cost funding to current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders that are first-time homebuyers or non-first-time homebuyers. 

Community Rebuild and Restore Product

FHLBank Atlanta’s Community Rebuild and Restore provides funds for the rehabilitation of an existing owner-occupied home located in “Major Disaster Declaration” areas as designated by the Federal Emergency Management Agency (FEMA).

Product Highlights*:

  • Maximum subsidy is $10,000
  • No matching funds required
  • Home must be located in a “Major Disaster Declaration” area as designated by FEMA and located in FHLBank Atlanta’s district, which includes AL, DC, FL, GA, MD, NC, SC, and VA
  • Funds can be used to correct deficiencies, resulting from the identified disaster, that impact the habitability of the property not associated with repairs covered under an insurance claim
  • Homeowners must have 30 days of current ownership by life estate or full interest in the fee title and have ownership of the subject property at the time of the "Major Disaster Declaration"
  • Automated application intake and funding through FHLBAsap, FHLBank Atlanta's online system
  • Income and other eligibility requirements apply

Funds are available on a first-come, first-served basis.

*Other program requirements apply. Please see the Bank's Affordable Housing Program Implementation Plan for a complete description of requirements

First-Time Homebuyer Product

The First-time Homebuyer Product (FHP) provides up to $5,000 in matching funds for the down payments and closing costs of first-time homebuyers. The Bank has offered the FHP since 1997, making homeownership a possibility for over 21,000 families.

Foreclosure Recovery Product

Provides up to $15,000 in down-payment and closing-cost funding for the purchase or purchase and rehabilitation of an existing home from the Real Estate Owned (REO) inventory of an FHLBank Atlanta member financial institution. The funding is available to first-time or non-first-time homebuyers.

Veterans and Returning Veterans Purchase Products

Provides up to $10,000 in funding for a home purchase by veterans or active-duty members of the U.S. military, their spouses, or their surviving spouses. Veterans Products are available nationwide through FHLBank Atlanta members.

Veterans and Returning Veterans Rehabilitation Products

Provides up to $15,000 for energy efficient and accessibility improvements to a home owned by veterans or active-duty members of the U.S. military, their spouses, or their surviving spouses. Veterans Products are available nationwide through FHLBank Atlanta members.