Ameris Bank Distributes $3.75 Million in Affordable Housing Grants

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11/07/2025 - 09:30 AM

Funds from Federal Home Loan Bank of Atlanta Support Several Southeast Communities

ATLANTA--(BUSINESS WIRE)-- Ameris Bank, a member of Federal Home Loan Bank of Atlanta (FHLBank Atlanta), is distributing three $1,250,000 grants to organizations in Georgia and Florida to support the construction of more than 170 affordable rental units.

The affordable housing development projects include:

Cardinal Pointe at 7550 Snyder Drive in Orlando — 120 rental units, sponsored by Neighborhood Lending Partners of Florida.
Building a Better Tomorrow at 2860 Collins Ave. in St. Augustine — 40 rental units, sponsored by Alpha Omega Miracle Home Inc.
Halcyon Home at 117 Garden Center Blvd. in Thomasville — 11 rental units, sponsored by Halcyon Home for Battered Women, Inc.

Ameris Bank worked with the sponsoring organizations to apply for the grants made available from FHLBank Atlanta’s 2025 Affordable Housing Program General Fund. In total, FHLBank Atlanta awarded $50 million through a competitive review process to be distributed through its member financial institutions.

“Affordable housing remains a challenge for many communities, and we are pleased that these organizations were awarded $1.25 million each for these meaningful multifamily rental projects,” said Ameris Bank President Lawton Bassett. “Working together with housing sponsors and the Federal Home Loan Bank of Atlanta, we can positively impact the lives of hundreds of people.”

About Ameris Bank

Ameris Bank, a subsidiary of Ameris Bancorp (NYSE: ABCB), is a state-chartered bank headquartered in Atlanta, Georgia. Ameris operates financial centers in five southeastern states and serves consumer and business customers nationwide through select lending channels. Ameris manages $27.1 billion in assets as of Sept. 30, 2025, and provides a full range of traditional banking and lending products, treasury and cash management, insurance premium financing, and mortgage and refinancing services. Learn more about Ameris at amerisbank.com.