Articles from Federal Home Loan Bank of Atlanta

ATLANTA, Jan. 30, 2025 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a cash dividend for the fourth quarter 2024 at an annualized rate of 7.10 percent.

MARTINSVILLE, Va., Jan. 23, 2025 (GLOBE NEWSWIRE) -- Carter Bank (Nasdaq: CARE) and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today a significant investment of $2.3 million in grant funding, designated for three separate projects that will create 168 new affordable housing units across North Carolina.

ATLANTA, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed four new members to its Affordable Housing Advisory Council (Council). Scott Farmer, Gregory Hare, Claude Hicks, and Monica Whiting have joined the Council and will work closely with the FHLBank Atlanta board of directors and management team to ensure the Bank meets the community lending and housing finance needs of communities within its district.

Funding will create, improve, or preserve more than 4,200 affordable homes for renters and homebuyers

ATLANTA, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended September 30, 2024. All numbers reported below for the third quarter of 2024 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about November 7, 2024.

More than 40% of homeowners do not have protections in place to safeguard their family’s inheritance, recent survey finds

BALTIMORE, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Comprehensive Housing Assistance, Inc. (CHAI), together with the Federal Home Loan Bank of Atlanta and Truist, along with State, City and foundation funding, are pleased to showcase the completion of Woodland Gardens I, a new four-story building providing attractive, affordable housing in Baltimore, Maryland.

ATLANTA, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed Tanya Eastwood to its Affordable Housing Advisory Council (Council). Eastwood has more than 30 years of experience in residential real estate and is currently chief executive officer and president of Raleigh, N.C.-based Harmony Housing Affordable Development, which provides resources and expertise to support affordable rental housing.

ATLANTA, July 31, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will make an additional $10 million in Workforce Housing Plus+ Program funding available on Wednesday, July 31. The program, which opened in June 2024 with an initial allocation of $10 million, was developed to provide downpayment and closing cost assistance to homebuyers between 80.01 percent and 120 percent of area median income (AMI).

ATLANTA, July 25, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended June 30, 2024. All numbers reported below for the second quarter of 2024 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about August 9, 2024.

ATLANTA, July 25, 2024 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a second quarter 2024 cash dividend at an annualized rate of 7.35 percent.

ATLANTA, July 09, 2024 (GLOBE NEWSWIRE) --  Two local organizations are combining efforts to increase downpayment assistance available to eligible Georgia homebuyers.

Amid rising home prices and inflation, Workforce Housing Plus+ Program to provide downpayment and closing cost assistance

Report highlights company’s commitment to affordable housing, community involvement, and workplace culture and diversity

ATLANTA, April 25, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended March 31, 2024. All numbers reported below for the first quarter of 2024 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about May 10, 2024.

Applications for affordable housing grants will be accepted starting June 27

Community of 30 tiny homes will provide veterans housing, health services, and job training

Grants will help developers complete affordable rental projects amid rising construction costs

Funds over $470 billion in advances in 2023 and commits over $100 million to affordable housing and community development for 2024

Contribution represents the largest homeownership funding in FHLBank Atlanta’s history

ATLANTA, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a cash dividend for the fourth quarter 2023 at an annualized rate of 7.35 percent.

ATLANTA, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is pleased to announce that the board of directors has elected Susan F. Dewey to fill the public interest independent directorship vacancy on the board, effective January 15, 2024. The term will expire on December 31, 2024. 

ATLANTA, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed a new member to its Affordable Housing Advisory Council (Council). Jamie Flynn, director of housing for the Seminole Tribe of Florida (STOF), has joined the Council, which works closely with FHLBank Atlanta’s board of directors and management team to ensure the Bank meets the community lending and housing finance needs of communities within its district.

ATLANTA, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making an additional voluntary $4 million in Affordable Housing Program (AHP) Homeownership Set-aside funding available through its members. Eligible borrowers can apply for up to $15,000 to help them purchase or rehabilitate a home.

The Multifamily Housing Bridge Fund will provide up to $500,000 in grant funding per project for the development of affordable rental housing

ATLANTA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended September 30, 2023. All numbers reported below for the third quarter of 2023 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about November 9, 2023.

ATLANTA, Oct. 26, 2023 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a third quarter 2023 cash dividend at an annualized rate of 7.25 percent.

ATLANTA, Oct. 16, 2023 (GLOBE NEWSWIRE) --  Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the 2023 director election. The Bank conducted an election to fill the member directorship for South Carolina, and two independent directorships representing members across the FHLBank Atlanta footprint. All of the directors-elect will serve a four-year term commencing on January 1, 2024, and ending December 31, 2027.

Funding will create, improve, or preserve 1,135 Affordable Rental and Homeownership Units

ATLANTA, July 27, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended June 30, 2023. All numbers reported below for the second quarter of 2023 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about August 11, 2023.

ATLANTA, July 27, 2023 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a second quarter 2023 cash dividend at an annualized rate of 6.97 percent.

ATLANTA, July 17, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) is pleased to announce that the board of directors has elected James M. Burke to fill the Maryland member directorship vacancy on the board, effective June 29, 2023. The term will expire on December 31, 2026.        

ATLANTA, May 08, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it is making an additional $7.2 million in AHP Homeownership Set-aside Program funding available through its members. Eligible borrowers can apply for up to $15,000 to help them purchase or rehabilitate a home.

ATLANTA, April 27, 2023 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a first quarter 2023 cash dividend at an annualized rate of 6.50 percent.

ATLANTA, April 27, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended March 31, 2023. All numbers reported below for the first quarter of 2023 are approximate until the Bank announces unaudited financial results in its Form 10-Q, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about May 12, 2023.

ATLANTA, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter and year ended December 31, 2022. All numbers reported below for 2022 are approximate until the Bank announces audited financial results in its Form 10-K, which is expected to be filed with the Securities and Exchange Commission (SEC) on or about March 10, 2023.

Per-borrower maximums increased to $15,000 through FHLBank Atlanta Members

Funding will improve Minority Homeownership, Neighborhood Revitalization, and Generational Wealth

ATLANTA, Jan. 26, 2023 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a cash dividend for the fourth quarter 2022 at an annualized rate of 6.37 percent.

ATLANTA, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced the results of the election for chair and vice chair of its board of directors.

Round offering begins March 1

ATLANTA, Jan. 04, 2023 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it has appointed three members to its Affordable Housing Advisory Council (Council). The Council serves an important role in helping FHLBank Atlanta fulfill its community lending and affordable housing mission, and works closely with the FHLBank Atlanta board of directors and management to ensure the community lending and housing finance needs of communities within the Bank’s district are met. There are 15 members of FHLBank Atlanta’s Council.

Funding will create, improve, or preserve 984 Affordable Rental and Homeownership Units

$75,000 in donations also made to ABA, ICBA, and SECUF relief efforts

ATLANTA, Oct. 27, 2022 (GLOBE NEWSWIRE) -- The board of directors of the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today approved a third quarter 2022 cash dividend at an annualized rate of 5.30 percent.

ATLANTA, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (the Bank) today released preliminary unaudited financial highlights for the quarter ended September 30, 2022. All numbers reported below for the third quarter of 2022 are approximate until the Bank announces unaudited financial results in its Form 10-Q which is expected to be filed with the Securities and Exchange Commission (SEC) on or about November 4, 2022.

Tifton Financial Literacy Initiative to Help Citizens Build Financial Health and Capabilities