Heirs’ property is a pervasive issue that disproportionately affects those in racial and ethnic minority, low-wealth, rural, and distressed urban communities, creating barriers to homeownership and generational wealth. The scale of this issue is too large for any one entity to address on its own, but it provides an opportunity to partner with other institutions and organizations to develop a solution.
How We’ve Helped
In December 2021, FHLBank Atlanta hosted the Heirs’ Property Prevention and Resolution Funders’ Forum. This one-day event was designed to facilitate connection between nonprofits and other organizations that presented pilot initiatives and targeted solutions to potential funders for the purpose of addressing and preventing the issue of heirs’ property.
Eighty Four organizations presented initiatives during the event. In addition, FHLBank Atlanta recently announced it is committing $1 million in funding to organizations who participated in the event by submitting an initiative.
- Maximum amount each proposal can receive is $100,000
- Funding is available on a first-come, first-served basis
- Initiatives will need to fill out an application to be approved for funding
For more information on funding for heirs’ property, please call Community Investment Services at 1.800.536.9650, option 3.