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Federal Home Loan Bank Program
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Guaranty Bank has one of the most active community reinvestment
programs in the nation. Since 1991, Guaranty Bank has received fifty-one grant awards
from the Federal
Home Loan Bank's (FHLB) Affordable Housing Program totaling $7,459,908 and
provided assistance for 2,078 units. The FHLB has over 5,300 active Affordable
Housing Programs and Guaranty ranks 13th nationally out of over 1,000
participating FHLB members.
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Working with the Federal Home Loan Bank, Guaranty Bank
identifies projects in cities and counties where we have retail banking centers.
As a member of the FHLB, Guaranty sponsors and provides access to these grant
funds through non-profit providers of affordable housing programs for low- and
moderate-income families or individuals. The funds can be used to provide home
ownership opportunities including housing for the homeless, low-income families
and senior citizens as well as home repair programs for the elderly and disabled.
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