FHLBank Atlanta Accepting AHP Applications

The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) has announced that applications for its 2012 Affordable Housing Program (AHP) competitive funding cycle will be available on June 1.

At least $13.5 million in grants will be awarded, with up to $500,000 awarded per project. FHLBank Atlanta's AHP competitive grant funding can be used by nonprofit and commercial developers to assist with the acquisition, construction, rehabilitation, and development of affordable rental and ownership housing.

The deadline for submitting applications is July 2.

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