Atlanta’s Federal Mortgage Bank announces availability of funds for Hurricane Ian relief

Atlanta Federal Mortgage Bank

Donating $75,000 to ABA, ICBA and SECUF Relief Efforts

ATLANTA, Nov. 07, 2022 (GLOBE NEWSWIRE) — The Federal Home Loan Bank of Atlanta (FHLBank Atlanta) today announced a financing of up to $1.5 million. Community rebuilding and restoration products is now available to help Florida homeowners whose homes were damaged by Hurricane Ian. Banks also donated her $25,000 to the American Bankers Association Foundation. Disaster relief program, $25,000 to Independent Community Bankers of America Florida Hurricane Relief Fundand to $25,000 Southeastern Credit Union Foundation Disaster Relief Fund.

The Southeastern Credit Union Foundation is affiliated with the Southeastern Credit Unions and Affiliates League, a regional trade association of credit unions in Alabama, Florida and Georgia. ABA and ICBA’s Hurricane Ian relief efforts are managed in partnership with the Florida Bankers Association.

“When a disaster like Hurricane Ian strikes, it is important that our members embarking on the difficult task of rebuilding their communities know that we are here to help them.” Thank you to ABA, ICBA and SECUF for helping families and communities in Florida affected by the storm.Funds are available to support their efforts and help affected homeowners. We’re proud to do our part to let our members know it’s possible.”

Community Rebuild and Restore products are part of FHLBank Atlanta’s affordable housing program. Funding is available now and will provide up to $10,000 for the rebuilding of existing owner-occupied homes in “catastrophe declared” areas designated by the Federal Emergency Management Agency.

About Atlanta Federal Mortgage Bank
FHLBank Atlanta provides competitively priced loans, community development grants, and other banking services that enable member financial institutions to originate affordable mortgages and provide economic development credit to communities and communities. is supporting Stockholders and customers who are members of the bank are commercial banks, credit unions, thrift institutions and community development finance located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia and the District of Columbia. agency, insurance company. FHLBank Atlanta is one of 11 district banks in the Federal Home Loan Banking System. Since 1990, FHLBanks has awarded approximately $7.3 billion in affordable housing program funds, helping more than 1 million households.

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contact: Peter E. Galluccio
Atlanta Federal Mortgage Bank

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