ATLANTA (press release) – Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced the recipients of its 2024 Affordable Housing Program (AHP) General Fund awards which includes $1,599,462 in grants to support 220 rental units in New Orleans, LA, with a total development cost of $105,204,766. Through the program, more than $55 million in grant funding is being awarded to 66 affordable housing initiatives in 12 states and Washington D.C. to assist in the acquisition, construction, rehabilitation, or preservation of more than 4,200 affordable rental and homeownership units.