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Affordable Housing

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 Affordable Housing Program

AHP Homeownership Set-aside Funding

FHLBank Atlanta is proud to announce that we have committed an additional $4 million in funding to our Affordable Housing Program (AHP) Homeownership Set-aside program to further support the communities our members serve. Learn more and apply today! 


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.


AHAC Annual Report

The 2022 Affordable Housing Advisory Council (AHAC) Annual Report is now available! View the report.



Current Products

Affordable Housing Program General Fund - Rental and Ownership

The AHP General Fund is a flexible source of funding designed to help member institutions and their community partners develop affordable owner-occupied and rental housing for very low- to moderate-income families and individuals. Affordable Housing developers and other organizations partner with our member institutions to seek competitive subsidy funding or low-cost loans. Learn more about the AHP General Fund. 

Community Partners Product

Members can grow their customer base and mortgage originations while supporting those vital members of the community who help others for a living. Community Partners provides home purchase assistance to current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders; veterans or active-duty members of the U.S. military or their surviving spouse; and COVID-related essential workers. Both first-time homebuyers and non-first-time homebuyers may be eligible.

Community Rebuild and Restore Product

With the Community Rebuild and Restore Product, members can support homeowners in their community whose homes have been damaged by a natural disaster. Community Rebuild and Restore provides up to $10,000 for the rehabilitation of an existing owner-occupied home located in “Major Disaster Declaration” or "Emergency Declaration" disaster areas as designated by the Federal Emergency Management Agency (FEMA). 

First-time Homebuyer Product

With FHLBank Atlanta's First-time Homebuyer Product (FHP), members can expand their reach into the first-time homebuyer market, originate new mortgages, and help their customers close. First-time homebuyers can use these funds to help cover closing costs and down payments.