Affordable Housing Assistance Programs

We are proud to offer our customers affordable housing assistance designed specifically for first-time homebuyers, community partners such as law enforcement officers, educators, health care workers, firefighters, and other first responders, as well as veterans.


First-time Homebuyers – up to $5,000 available for home purchase**

Accessible and feasible financial resources and mortgage products to first-time homebuyers.

  • Assists first-time homebuyers in accessing matching funds for the down payment and closing costs incurred when purchasing a home. For every $1 you contribute to your home purchase, you can receive $4 in matching funds, up to $5,000. Funding is available to qualified first-time homebuyers*
  • In addition to meeting income eligibility requirements, the homebuyer must:
    • Contribute at least $1,000 toward the purchase of the home
    • Occupy the home as a primary residence for at least five years
    • Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta

*First-time Homebuyer Product is a product of the Federal Home Loan Bank of Atlanta. Household income restrictions and other requirements apply. Please see Federal Home Loan Bank of Atlanta’s Affordable Housing Program Implementation Plan at www.fhlbatl.com for complete product requirements.


Veterans Program – up to $15,000 available for home purchase or rehabilitation**

Special offering to help eligible veterans or active-duty members of the U.S. military*, their spouses, or their surviving spouses access grant funds to pay for accessibility improvements or energy-efficient upgrades to a home or to provide down-payment, closing-cost, and principal reduction assistance for the purchase of a home to be occupied as a primary residence. No matching funds from the homeowner or homebuyer are required.

  • Home Purchase Funding. Up to $10,000 for the purchase or purchase and rehabilitation of a home to be occupied as a primary residence. Veterans, their spouses, or their surviving spouses who are first-time homebuyers or who currently own or have previously owned a home may be eligible. Income and other eligibility requirements apply.
  • Home Rehabilitation Funding. Up to $15,000 for energy efficiency, weatherization, and accessibility improvements of an owner-occupied home. Eligible improvements include exterior ramps and sidewalks, bathroom and kitchen renovations, door widening, floor replacement, exterior doors, heating and air conditioning systems, insulation, roof, windows, low-flow plumbing fixtures, and more.

*The Veterans Products are products of the Federal Home Loan Bank of Atlanta and are available to veterans or active-duty members of any branch of the U.S. military, their spouses, or their surviving spouses. National Guard Reservists are eligible if they have served in active duty or performed services in active duty or were injured in active duty. Please see Federal Home Loan Bank of Atlanta’s Affordable Housing Program Implementation Plan at www.fhlbatl.com for complete product requirements.


Foreclosure Recovery – up to $15,000 available for the purchase of a foreclosed home**

Unique financing opportunity to families and individuals who purchase a home from the foreclosed home inventory of a Federal Home Loan Bank of Atlanta member financial institution.

  • Qualified buyers can receive matching funds to assist with the down payment, closing costs, or rehabilitation costs incurred with the purchase of the home. For every $1 you contribute to the purchase or rehabilitation of the home, you can receive $4 in matching funds, up to $15,000.
  • Funding is available to qualified borrowers that meet product eligibility requirements, including first-time homebuyers or families and individuals that currently own a home or have previously owned a home*
  • In addition to meeting income eligibility requirements, the homebuyer must:
    • Contribute at least $1,000 toward the purchase of the home
    • Occupy the home as a primary residence for at least five years
    • Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta

*Foreclosure Recovery Product is a product of the Federal Home Loan Bank of Atlanta. Household income restrictions and other requirements apply. Please see Federal Home Loan Bank of Atlanta’s Affordable Housing Program Implementation Plan at www.fhlbatl.com for complete product requirements.


Community Partners – up to $7,500 available for home purchase**

Unique financial opportunity for current or retired law enforcement officers, educators, health care workers, firefighters, and other first responders who are purchasing a home.

  • We can assist homebuyers in accessing matching funds for the down payment, closing costs, and rehabilitation costs incurred when purchasing a home. For every $1 you contribute to your home purchase, you can receive $4 in matching funds, up to $7,500.
  • Funding is available to qualified borrowers that meet product and income eligibility requirements, including first-time homebuyers or families and individuals that currently own a home or have previously owned a home.* In addition to meeting eligibility requirements, the homebuyer must:
    • Contribute at least $1,000 toward the purchase of the home
    • Occupy the home as a primary residence
    • Complete a homebuyer education and financial literacy course specified by FHLBank Atlanta

*Community Partners Product is a product of the Federal Home Loan Bank of Atlanta. Household income restrictions and other requirements apply. Please see Federal Home Loan Bank of Atlanta’s Affordable Housing Program Implementation Plan at www.fhlbatl.com for complete product requirements.


Contact one of our mortgage lenders for more information and to determine if you are eligible for funding and to begin your application process.

** NOTE: Down payment assistance programs are not available for all loan programs and are based on income requirements. Use of program funds is for purchase of Primary Residence only. Homebuyer education may be required. Each program is subject to program availability. All lending products are subject to application and credit approval. Not all applicants will qualify.  Please contact your mortgage expert for additional information.