FHLBank Atlanta Awards $50.4M in 2026 AHP Grants

FHLBank Atlanta awarded more than $50.4 million in Affordable Housing Program General Fund grants on November 9, 2026. The awards support 50 developments across 13 states and Washington, D.C., funding construction or rehabilitation of 3,653 affordable units.

About 60 percent of the grants fund new construction; the rest go to rehabilitation. The round funded 800 more units than the prior year and is part of the bank's $120 million 2026 commitment to affordable housing and community development.

Georgia received four awards totaling $3,915,000, with a combined development cost of $198,277,405. Two Atlanta projects received $1.25 million each: Folio House Phase 2 (149 units, Truist Bank) and Residences at West End (175 units, Bank of America). Both are sponsored by Gorman and Company.

Since 1990, the AHP has awarded more than $1.4 billion, supporting over 194,000 affordable units across FHLBank Atlanta's district.