Atlanta Housing (AH) Homeownership DPA Program

Did you know that if you’re looking to buy a house in Atlanta, you might be eligible for some serious cash from the AH Homeownership DPA Program? Like, up to $20,000 serious cash! And if you’re a military service member, veteran, or work in public safety, healthcare, or education, you might be able to qualify for up to $25,000.

Of course, there are some requirements you have to meet, like making no more than 80% of the AMI, completing a homebuyer education program, and being a Georgia resident for at least six months. And you’ve got to either be a first-time homebuyer or not have owned a home in the past three years.

But hey, if you do qualify, you can combine the DPA funds with other homebuyer programs and even better, the loan is totally forgiven after ten years of living in your home. Sweet deal, right? You can find Full program details here on the AH website.

Georgia Department of Community Affairs (DCA) Georgia Dream

One of these programs is the Georgia Dream program, which offers eligible borrowers a DPA loan of up to $10,000 (and up to $12,500 for some special groups like educators and people with disabilities). You can’t have owned a home in the last three years to be eligible, but repeat homebuyers might still qualify in select areas. Full program details can be found on the Georgia Dream website

Invest Atlanta ATL Home Renovation Advantage (AHRA) 

Invest Atlanta’s AHRA program is another great option. You can get up to $10,000 in DPA to cover your down payment and closing costs for a 30-year fixed FHA, VA, or conventional home renovation mortgage loan. And if you’re a current military service member, veteran, or work in public safety, healthcare, or education, you might be able to qualify for even more money with the AH Homeownership DPA Program. Full program details can be found on the Invest Atlanta website.

Atlanta Neighborhood Development Partnership (ANDP) Veterans Program

Finally, the ANDP Veterans Program provides up to $7,500 in homebuyer assistance to honorably discharged veterans, active-duty military personnel, reserve members, guard members, and Gold Star family members. You don’t even have to be a first-time homebuyer to qualify!

Full program details can be found on the ANDP Homes website.

Make sure to check out the full program details on each organization’s website to see if you’re eligible.

Book a call with us to talk about your homebuying journey!

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If you were an 80s or 90s kid like I am you have heard of the movie “Soul Food” which had an amazing cast. The plot of the movie centered around what to do with mama’s house after tragedy struck.

One of the main reasons generational wealth can be destroyed after one or two generations is not being educated on the power of real estate. Letting property taxes get out of hand or falling victim to terrible loan products such as reverse mortgages can be avoided.

Mama worked hard for that house and more than likely her parents had to deal with issues like red lining or other forms of housing discrimination.

Don’t let your parents hard fought investment go to waste. Look into creating a family trust where the sole purpose is to take care of repairs as well as keeping the taxes current.

Follow the page for more.

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