Back to News
Apr 14, 2026 12:00 PM

Federal Home Loan Bank of Atlanta Allocates $50 Million for Grants to Expand Affordable Housing Inventory

ATLANTA, April 14, 2026 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is allocating $50 million through its Affordable Housing Program (AHP) General Fund to support the purchase, construction and/or rehabilitation of owner-occupied, rental, or transitional housing. This $50 million represents part of FHLBank Atlanta's total commitment of $120 million in 2026 for affordable housing and community development.

Financial institutions that are members of FHLBank Atlanta can partner with housing developers and sponsors to apply for grants up to $1.25 million per eligible project.

"The General Fund is a critical component of our overall program to expand housing supply and promote homeownership," said FHLBank Atlanta CEO Reggie O'Shields. "Our commitment of $120 million for 2026 will ...