ATLANTA, April 16, 2024 (GLOBE NEWSWIRE) -- Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today that it will accept applications for its 2024 Affordable Housing Program (AHP) General Fund round starting June 27, 2024, through July 29, 2024. FHLBank Atlanta is making a record amount available since the program's inception in 1990 – approximately $55 million – and applicants may apply for up to $1 million in grant funding per project to support the acquisition, construction, or rehabilitation of multifamily and single-family housing. "Each year, the General Fund provides an opportunity for financial institutions to work with for-profit and nonprofit developers and community partners to improve access to affordable housing," said FHLBank Atlanta President and CEO Kirk Malmberg. "The FHLBank System's AHP General Fund is one of the largest sources of private funding for affordable housing in the country and our ...