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United Bank and Federal Home Loan Bank of Atlanta Award $4.7 Million to Support Affordable Housing in Washington, D.C. and Virginia

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United Bank and Federal Home Loan Bank of Atlanta Award .7 Million to Support Affordable Housing in Washington, D.C. and Virginia


Federal Home Loan Bank of Atlanta

WASHINGTON, April 14, 2025 (GLOBE NEWSWIRE) — United Bank (NASDAQ: UBSI) and the Federal Home Loan Bank of Atlanta (FHLBank Atlanta) announced today an investment of $4.7 million in grant funding, designated for five separate projects that will create 363 new affordable housing units in Washington, D.C. and Virginia.

The funding is sourced from FHLBank Atlanta’s Affordable Housing Program (AHP) General Fund and administered through United Bank.

These funds will go toward the following projects in Washington, D.C.:

  • Hope View Apartments received $1 million to use for the development of 42 housing units for seniors with incomes 80% or below the area median income (AMI), 16 of which are reserved for homeless households. This development will include approximately 8,000 square feet for community services for residents and the surrounding community. Anacostia Economic Development Corporation is the sponsor and developer, and T&H Investment Properties LLC also sponsored the project, which is expected to be completed in early 2026.

  • 2229 M Street NE Apartments received $1 million for the development of 92 rental units for families, 89% of which are for households with incomes at or below 50% of AMI. The project is sponsored by Housing Up and THC Affordable Housing and is expected to be completed by the end of 2026.

  • Wagner Senior Residences received $742,805 for the development of an apartment complex that will provide 67 affordable housing units, 90% of which will be for seniors with incomes below 50% of AMI. The Residences are sponsored by Justice Housing Inc. in partnership with Miller Housing LLC and is expected to be completed by the end of 2026.

  • 2911 Rhode Island Avenue NE Apartments received $1 million toward the development of a new affordable rental project, which will provide 100 units for households between 30% and 80% of AMI. The project is sponsored by Lincoln-Westmoreland Housing, Inc. and is expected to be completed in spring of 2028.

In Harrisonburg, Va.:

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  • Bluestone Town Center Residences received $1 million for the development of 62 affordable housing units for seniors with incomes between 30% and 60% of AMI. These senior housing units will be part of the full Bluestone Town Center development, a 90-acre master planned, multi-phased community that will create 900 units of mixed-income housing and service-oriented commercial space less than five minutes from downtown Harrisonburg. Harrisonburg Redevelopment & Housing Authority is the project sponsor and developer. The project is expected to be completed by early 2026.

Each property will provide residents with high-speed internet and offer education and training services on topics including computer skills, life skills, money management, GED preparation, literacy, and nutrition.

“United Bank has a longstanding history of supporting community development initiatives that provide affordable housing, support low- or moderate-income senior citizens and families, and revitalize communities in meaningful ways,” said Christina Cudney, Corporate Social Responsibility Officer, United Bank. “These funds from FHLBank Atlanta help us continue to move the needle on pressing challenges faced by our communities to fulfill this ongoing commitment. With the rise in construction costs, several projects in our area had a need for gap funding, and FHLBank Atlanta’s grant program is enabling these initiatives to cross the finish line sooner than otherwise possible.”

FHLBank Atlanta’s General Fund provides grants annually to assist in the acquisition, construction, rehabilitation, or preservation of affordable housing projects. In December 2024, FHLBank Atlanta announced 66 grant recipient winners of its 2024 program, which allocated a total of $55 million to support the development and repair of more than 4,200 affordable housing units.

“It is inspiring to see United Bank’s dedication to affordable housing and economic vitality,” said FHLBank Atlanta President and CEO Kirk Malmberg. “Understanding the growing need for more affordable housing, our members like United Bank are working hand in hand with their local developers and nonprofits to make a lasting impact, and we are honored to see funds from FHLBank Atlanta support such transformational projects.”

About United Bank
United Bank is a premier community bank headquartered in Greater Washington, D.C. A subsidiary of United Bankshares, Inc. (NASDAQ: UBSI), United has consolidated assets of more than $32 billion with over 240 offices located throughout Virginia, Maryland, West Virginia, North Carolina, South Carolina, Ohio, Pennsylvania, and Georgia, as well as Washington, D.C., where it is the community bank of the nation’s capital. The Bank is committed to growing the relationships it has built since 1839 and offering a competitive suite of banking and lending products, treasury management, wealth management, mortgage services, personal and business credit cards, and more. United is also committed to providing excellence in service to the communities throughout its footprint, strategically aligning resources to move the needle on pressing challenges in vital impact areas, including financial literacy, children and education, affordable housing, health, and economic vitality. For more information, visit BankWithUnited.com.

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About Federal Home Loan Bank of Atlanta
FHLBank Atlanta offers competitively-priced financing, community development grants, and other banking services to help member financial institutions make affordable home mortgages and provide economic development credit to neighborhoods and communities. The Bank’s members—its shareholders and customers—are commercial banks, credit unions, savings institutions, community development financial institutions, and insurance companies located in Alabama, Florida, Georgia, Maryland, North Carolina, South Carolina, Virginia, and the District of Columbia. FHLBank Atlanta is one of 11 district Banks in the Federal Home Loan Bank System. Since 1990, the FHLBanks have awarded approximately $9.1 billion in Affordable Housing Program funds, assisting more than 1.2 million households.

For more information, visit our website at www.fhlbatl.com.

MEDIA CONTACTS:
Federal Home Loan Bank of Atlanta
Sheryl Touchton
stouchton@fhlbatl.com

United Bank
Sameera Jordan
sameera.jordan@bankwithunited.com

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Atlanta, GA

NBA cancels Hawks’ plans to celebrate Atlanta strip club

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NBA cancels Hawks’ plans to celebrate Atlanta strip club


Magic City Night in Atlanta is off.

The NBA has canceled the Atlanta Hawks’ plans for a celebration of the city’s Magic City adult entertainment club, saying Monday that it was responding to concerns from many across the league.

The event was supposed to happen next Monday during a game against the Orlando Magic.

Atlanta announced the plan last month, calling it a tribute to an “iconic cultural institution” with food — including the club’s lemon pepper wings, a version of which is named for former Hawks guard Lou Williams — along with music and exclusive merchandise.

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“While we are very disappointed in the NBA’s decision to cancel our Magic City Night promotion, we fully respect its decision,” the Hawks said Monday. “As a franchise, we remain committed to celebrating the best of Atlanta — with authenticity — in ways that continue to unite and bring us all together.”

Some elements of the plans for the night will remain, the Hawks said, including a halftime performance from rapper T.I. — and there are plans for lemon pepper wings to be sold.

But some plans for merchandise have been scrapped, as has a live recording of a podcast that was to feature Hawks primary owner Jami Gertz, T.I. and Magic City founder Michael Barney.

Plans for the celebration were met with mixed reactions — some for, some against. One NBA player, Luke Kornet of the San Antonio Spurs, spoke out about the idea of promoting a strip club and urged the parties involved to reconsider.

And the league evidently heard the same message from others.

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READ MORE: Terry Rozier will not receive salary while on leave from NBA, AP reports

“When we became aware of the Atlanta Hawks’ scheduled promotion, we reached out to Hawks leadership to better understand their plans and rationale,” NBA Commissioner Adam Silver said. “While we appreciate the team’s perspective and their desire to move forward, we have heard significant concerns from a broad array of league stakeholders, including fans, partners and employees.

“I believe canceling this promotion is the right decision for the broader NBA community.”

The Hawks have ties to the club. Gertz was a producer for a five-part docuseries that explored the club’s history, its place in Black and hip-hop culture and what it means to the city.

“This collaboration and theme night is very meaningful to me after all the work that we did to put together ‘Magic City: An American Fantasy,’” Gertz, who is also a filmmaker and actor, said when the promotion was announced. “The iconic Atlanta institution has made such an incredible impact on our city and its unique culture.”

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Atlanta, GA

Atlanta ranks 78th on WalletHub’s most diverse cities list

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Atlanta ranks 78th on WalletHub’s most diverse cities list


A new study suggests Atlanta may not be as diverse as many people might expect — at least when compared with cities across the country.

What we know:

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According to a new report from WalletHub, Atlanta ranked 78th out of 501 U.S. cities in an analysis measuring diversity across several categories. Researchers looked at five main factors including socioeconomic, cultural, economic, household and religious diversity.

Atlanta performed best in religious diversity, ranking 9th, and socioeconomic diversity, where it came in 45th. But the city placed 178th for cultural diversity and landed near the bottom — in the 400s — for both household diversity and economic diversity.

It’s worth noting the study focused only on the city of Atlanta and did not include the broader metro area, which could paint a different picture of the region’s diversity.

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By the numbers:

Some other Georgia cities also appeared on the list. Sandy Springs ranked 38th, Roswell placed 57th, and Columbus came in at 103rd. Meanwhile, Johns Creek ranked 94th overall and finished 500th in income diversity, one of the lowest marks in that category.

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Dig deeper:

The study found the most diverse cities in the country were Silver Spring, Maryland; Gaithersburg, Maryland; Arlington, Texas; Germantown, Maryland; and Houston, Texas. At the other end of the list were Bangor, Maine; Brattleboro, Vermont; North Platte, Nebraska; Keene, New Hampshire; and Rochester, Nebraska.

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Former Atlanta Watershed intern speaks out about illegal detention

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Former Atlanta Watershed intern speaks out about illegal detention


One of the five city employees that the inspector general said was illegally held against her will is speaking out publicly.

Briana Jackson said she felt like she was in jail and was even told she could not go to the bathroom during the three-hour ordeal. 

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The employees were detained because a watershed official could not find her wallet. The city officials have been disciplined. 

What they’re saying:

Jackson lost her job and said the incident has set her back financially. 

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Briana Jackson is a single mother who said her life was finally back on track when the city of Atlanta hired her for an apprenticeship. That was until one of her supervisor’s wallets disappeared. 

“It hurt. It hurt. I cried so hard for days and nights behind that,” Jackson said. “They suspected me as being the new intern, as being a person who stole the wallet.”

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Jackson said the false imprisonment she encountered at the City of Atlanta Watershed Department was not only wrong. 

She said it robbed her of her confidence, and she believes it is why she was fired one week later.

What they’re saying:

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Jackson took FOX 5 Atlanta back to April 2024 when Watershed Manager DeValory Donahue could not find her wallet. 

“The next thing I know, everybody in the office is being rounded up and put into this conference room,” Jackson said. “We are asking what is going on, nobody’s telling us nothing.”

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Jackson said she and the other employees felt intimidated, primarily because she didn’t know what was going on.

She said an Atlanta police officer guarded the door and even restroom privileges were temporarily suspended.

“An hour or two passed by, we’re like, ‘Can we go to the restroom?’ The officer goes off, and he’s like, ‘I’ll ask somebody’ and I’m like, ‘Why do you have to ask somebody if we can go to the restroom?’” she recalled. “I’m actually scared.”

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“I was the last person in the room, and I was sitting in that room for three hours,” she explained. “They were searching through my things without my consent.”

“I just felt like I was in jail. I didn’t know what to do really,” she added.

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Jackson, Senior Management Analyst Charles Hobbs and three others were subjected to what Inspector General LaDawn Blackett concluded was an abuse of power and false imprisonment.

Dig deeper:

Following the IG investigation, the city told FOX 5 Atlanta, Atlanta Watershed Management Deputy Commissioner Yolanda Broome, who was promoted after this incident, received a warning and mandatory training. 

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Watershed Manager II DeValory Donahue received a warning and mandatory training, and Director of Safety and Security Sterling Graham received a warning and mandatory training.

Three senior investigators got written reprimands and mandatory training, but Jackson said she lost her life-changing opportunity with the city of Atlanta and would like to get her job back. 

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“I feel like I was really bullied in that situation and nobody told me about this case that was happening,” Jackson said. “I was trying to change a lot for my daughter, get a house and things like that. At that apprenticeship, I was making $900 a week. It was just taken away from me like that.”

“Nobody even called me for a second chance to come back to work at the city of Atlanta. It is like they kicked me to the side, and nobody even cared,” she said.

What’s next:

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The city confirmed that the governing board for the Office of Inspector General is scheduled to take up this issue on March 17 at City Hall.

The Source: Brianna Jackson spoke with FOX 5’s Aungelique Proctor for this story. Previous FOX 5 Atlanta reporting was also used sourcing an investigation by Atlanta Inspector General LaDawn Blackett and other city officials.

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