CHC sponsors several applications each year on behalf of its borrowers to receive an Affordable Housing Program (AHP) award for up to $500,000 for the acquisition, construction, rehabilitation, and development of affordable rental and ownership housing. As part of sponsoring borrower applications to FHLBank Atlanta, CHC also provides a commitment for additional financing for the project upon successful application to each organization. Since CHC’s acceptance in 2015 as a FHLBank Atlanta member, our borrowers have received AHP awards of over $6.2 million, facilitating over $143.5 million in total development costs.
Don’t miss your chance for up to $500,000 in Real Estate Equity Awards. Call us today at (404) 373-5662.