Real estate equity is available for your project!
If you are a housing developer, public entity, contractor, or community builder looking for funding for affordable housing, FHLBank Atlanta can help!
FHLBank Atlanta’s 2014 Affordable Housing Program – Competitive (AHP) will award up to $500,000 per project in real estate equity to the Bank’s member financial institutions and their community housing partners (project sponsors) the acquisition, construction, rehabilitation, and development of affordable rental and ownership housing.
Applications for the 2014 AHP will be available beginning January 14. The deadline for submitting applications and all supporting documentation is February 13, 2014.
As an AHP project sponsor, you can access a reliable, flexible source of real estate equity funding that can be deployed quickly and efficiently to support projects of all sizes. Eligible projects include:
- Supportive/social services housing
- Mixed-use developments
- Single-family homes
Potential applicants must work with an FHLBank Atlanta member financial institution to complete the AHP application. A list of member financial institutions is available on FHLBank Atlanta’s website.
To learn about program requirements for 2014 and important tips for submitting a successful application, please join us for a webinar on December 12. We are offering sessions for new project sponsors and experienced sponsors. Please click on a link below to pre-register.
Other Important Information:
Project sponsors should review the AHP Implementation Plan for application requirements.
Project sponsors that are new to the AHP must complete a one-time registration before applying for funding. The registration period ends February 11. Click here for registration instructions. Sponsors that have registered in previous years do not need to register again.
Contact Us for More Information!
Call us today to discuss opportunities with AHP. Our team members are experts in housing development and finance and are ready to help you submit a successful application.