Available Affordable Housing Initiatives & Programs In Metro Atlanta

Atlanta

Homebuyer Programs – through local nonprofit organizations. 404/330-6390.

Mortgage Assistance Program – available for all borrowers in Atlanta who qualify for a loan under the Home Atlanta program. Downpayment and closing cost assistance up to 5% of the purchase price. 404/614-8320.

Atlanta Empowerment Zone Program – mortgage assistance grant of $4,000 - $20,000, deferred loan recorded as subordinate lien. Minimum tenancy ten years. 404/330-6390.

Homebuyer education programs:

• Community Housing Resource Center: 404/624-1111
• Atlanta Center for Homeownership: 404/588-3700
• Fulton Atlanta Community Action Authority: 404/810-0090
• Atlanta Urban League: 404/659-1150
• Consumer Credit Counseling Service, Atlanta: 404/527-7630

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Clayton County

First Time Homebuyers Down Payment Assistance Program - 770/478-7282.
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Cobb County

First Home Program – a “soft” second mortgage, $7,500 maximum. 770/528-4630.

Homebuyer education program: Cobb Housing, Inc. – 770/429-4400
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Dekalb County

Downpayment Assistance Program – provides 50% of downpayment up to $2,525 from CDBG Program funds. 404/286-3308.

Single Family Affordable Housing Program – partnership with Dekalb Housing Authority and/or CHDO. 404/286-3308.

Homebuyer education programs:

• Dekalb/Fulton Housing Counseling Center – 404/659-6744

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Fulton County

Home Ownership Assistance Program (HOAP) – for first time homebuyers. Up to $5,000 for downpayment assistance with low or deferred monthly payment, and $2,500 grant for closing cost assistance. 404/730-8083

American Dream Downpayment Initiative (ADDI) – upfront downpayment and closing cost assistance compliments HOAP program. 404/730-8083
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Gwinnett County

HOME Stretch Loan Program – first time homebuyers provided with downpayment, closing costs and prepaid assistance funds. 678/808-4477

Homebuyer education program:

• Gwinnett Housing Resource Partnership – 770/448-0702

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Other (Georgia)

The Georgia Dream Homeownership Program makes purchasing a home more affordable for low-to-moderate income families and individuals by offering fixed, low-interest rate first and second mortgages loans and down payment assistance. This program is administered by the Georgia Department of Community Affairs. 404/679-4847

United Way: Individual Development Accounts (IDA) – allows accumulated savings/down payment funds, matching 4 to 1. 404/614-1000.

Emergency Mortgage Assistance – these resources help homeowners facing a temporary financial hardship to make their mortgage payment. Given that funds are limited and the need is great, these organizations may offer referrals when unable to provide direct financial assistance.

• Clayton County Community Service Authority – 404/363-0575
• Dekalb Economic Opportunity Authority – 404/929-2500
• Decatur Co-op Ministry – 404/377-5365
• Fulton Atlanta Community Action Authority – 404/810-0090
• Rockdale Economic Opportunity Authority – 770/760-8750
• Gwinnett Economic Opportunity Authority – 770/822-2860
• Norcross Co-op Ministry (Gwinnett County) – 770/263-8268