FHLBank Atlanta Announces 2019 Funding for Homeowners

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ATLANTA, Jan. 14, 2019 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that funding is now available for its 2019 Homeowner Assistance Products. The Homeowner Assistance Products are part of FHLBank Atlanta’s Affordable Housing Program (AHP), and are designed to help eligible borrowers purchase or rehabilitate their home.

Since 1997, Homeowner Assistance Products have provided more than $208 million in grant funding that has enabled more than 30,800 households to purchase or rehabilitate a home. In 2018 alone, FHLBank Atlanta member financial institutions delivered $16.5 million in home purchase and rehabilitation grant funding leveraging more than $413 million in first mortgage financing to assist 2,656 households.

A summary of 2019 Homeowner Assistance Products is below. To learn more :

A listing of member financial institutions is available on the FHLBank Atlanta website at .

If you need assistance finding a member financial institution to work with, or for more information, call the Bank’s Community Investment Services department at 1.800.536.9650, option 3, option 0.

More news and information about Federal Home Loan Bank of Atlanta

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Globe Newswire: 15:30 GMT Monday 14th January 2019

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