Humanities Foundation has been awarded $1,000,000 in Affordable Housing Program (AHP) funds from the Federal Home Loan Bank of Atlanta (FHLBank Atlanta). Bank of America Merrill Lynch was the sponsor. The first award is $500,000 and is for Edenbrook Park, an 84 - unit affordable housing development in Crozet Virginia. The second award is also in the amount of $500,000 and is slated for Puddledock Place, an 84 – unit affordable housing development in Prince George County, VA. Since 1990, FHLBank Atlanta has funded more than 80,000 units, totaling over $6,000,000,000 of affordable housing for low and moderate income families.
Posted on Wed, August 7, 2013
by Buff Ross