FHLBAFederal Home Loan Bank of Atlanta
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If the FHLBA determines that the sponsoring organization has not made a good faith effort to complete the project, the grant will be recovered.
FHLBA's intent is to enable member financial institutions to assist projects that may qualify for its Affordable Housing Program (AHP) and its Economic Development and Growth Enhancement (EDGE) program.
EDGE makes it possible for the FHLBA to lend money to members at subsidized interest rates, for eligible projects such as childcare centers, healthcare facilities, recreational facilities, small business incubators, microloan funds, grocery stores, job training facilities, community centers and businesses that create jobs that pay livable wages and offer benefits.