ATLANTA, Nov. 2 /PRNewswire/ -- Federal Home Loan Bank of Atlanta
(FHLBank Atlanta) today announced Arthur Fleming has joined the Bank as
first vice president and director of the Community Investment Services
department effective Nov. 1, 2007.
Fleming will oversee FHLBank Atlanta's community investment and
affordable housing programs, which represent one of the largest private
sources of affordable housing and community development grants in the
Southeast. The new director draws from a diverse background where he has
led and managed community-finance and lending efforts for a number of
organizations.
"Art Fleming's experience in using private capital to promote community
development lending will be a tremendous asset," said Jill Spencer, FHLBank
Atlanta Executive Vice President and Chief Operating Officer. "His
leadership and management experience will help us better serve members and
the development organizations that benefit from our programs."
Prior to joining FHLBank Atlanta, Fleming was executive vice president
and chief lending and investment officer for Opportunity Finance Network,
where he managed the financial services unit. He formerly worked at Fannie
Mae Foundation as senior director of the Southeast region and at GMAC
Residential as senior vice president and managing director of the Housing
Initiative Group.
Fleming also served as executive director for the Community Financing
Consortium, Inc. and as an attorney/planner, senior research associate for
the Joint Center for Environmental and Urban Problems at Florida Atlantic
University/Florida International University.
"The Federal Home Loan Bank of Atlanta is well regarded as an innovator
and leader within the community investment and development area," said
Fleming. "Thanks to member financial institutions and their community
partners, the Bank has led the way in making housing affordable for
thousands of individuals and families, and I hope to continue the level of
success established by the Bank."
Fleming earned a Master of Arts in Urban and Regional Planning from
Florida State University and a Juris Doctorate from the University of
Florida College of Law.
About FHLBank Atlanta
The Bank is a cooperative financial services organization that provides
funding, community development grants, and other banking services to more
than 1,200 member financial institutions in Alabama, Florida, Georgia,
Maryland, North Carolina, South Carolina, Virginia, and the District of
Columbia. The Bank is one of 12 district banks in the Federal Home Loan
Bank System, which since 1990 has contributed more than $2 billion to
affordable housing development in the United States.
SOURCE Federal Home Loan Bank of Atlanta
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Related links:
http://www.fhlbatl.com
http://www.prnewswire.com/comp/149931.html /
CONTACT:
Christopher McEntee of Federal Home Loan Bank
of Atlanta, +1-404-888-8158, cmcentee@fhlbatl.com
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