Applications for the Federal Home Loan Bank (FHLB) of Atlanta's 2012 competitive Affordable Housing Program (AHP) grants are now available. Applications are due by midnight ET July 2. Interested applicants must register on the FHLBAccess webpage to submit an application.
Approximately $13.5 million in grants will be awarded through the 2012 AHP program, with up to $500,000 awarded per project. Funding can be used to assist with the acquisition, construction, rehabilitation, and development of rental or owner-occupied housing to persons earning 80 percent or below the area's median income levels. Eligible organizations include for-profit and nonprofit housing developers, public entities, contractors, community builders, and other nonprofit or for-profit corporations and organizations in Alabama, Florida, and Georgia.
Access the archived webinar on the FHLB Atlanta website to learn more about how AHP grant funding can benefit your organization. Contact the FHLB's Community Investment Services department with any questions.