Our Community Partners Product provides up to $15,000 in home purchase assistance to current or retired law enforcement officers, educators, healthcare workers, firefighters, and other first responders; veterans and active-duty members of the military or their surviving spouse; and COVID-related essential workers. Funding is available to both first-time homebuyers and non-first-time homebuyers that meet product eligibility requirements.
The Community Partners Product can help you reduce your principal loan balance!
Product Highlights*
- Maximum subsidy is $15,000
- Homebuyer must contribute at least $1,000
- The homebuyer must have income that is less than or equal to 80% of the county area median income or the state median family income for the area, adjusted for family size as published annually by the Department of Housing and Urban Development (HUD), whichever is higher
- Funding is available for owner-occupied homes located within the United States and its territories
- Eligible homebuyers include current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders; veterans and active-duty members of the military or their surviving spouse; and essential workers that are first-time homebuyers or non-first-time homebuyers
To learn more, visit www.fhlbatl.com or call 1.800.536.9650, option 3.
*Additional requirements apply. Please see the Bank’s Affordable Housing Program Implementation Plan for more information.
Partnering With FEDERAL HOME LOAN BANK OF ATLANTA
1475 Peachtree Street, N.E. | Atlanta, GA 30309 | www.fhlbatl.com | 1.800.536.9650
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Rates effective as of: November 9, 2024
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