Are you a first-time homebuyer in Georgia? This guide provides valuable resources and assistance programs tailored specifically for Georgia residents. Discover specialized programs, including down payment assistance and favorable mortgage options, designed to support your journey toward homeownership. Navigate the dynamic real estate market with confidence and find opportunities in the diverse communities of Georgia. Whether you're drawn to the vibrant city life or the tranquil charm of smaller towns, this guide offers information to help you make informed decisions. Start your path to homeownership in the Peach State today.
State-Wide Programs
Program | Assistance Offered | Who Should Apply | Assistance Type |
---|---|---|---|
Georgia Dream Homeownership Program - CHOICE | Up to $7,500 in down payment assistance | Homebuyers living with a disability or a member that will be living in the house with a disability | Second mortgage |
Georgia Dream Homeownership Program - PEN | Up to $7,500 in down payment assistance | Homebuyers that are currently employed as protectors, educators, and health care providers | Second mortgage |
Georgia Dream Homeownership Program - Standard | Up to $5,000 in down payment assistance | Any homebuyer that meets income and savings requirements | Second mortgage |
Regional Programs
County/Region | Program | Assistance Offered | Who Should Apply | Assistance Type |
---|---|---|---|---|
Athens - Clark | Affordable Homeownership Down Payment Assistance Program | Down payment assistance- amount not specified | Any homebuyer that can meet income requirements | Not specified |
Clayton | Clayton County Down Payment Assistance | Down payment assistance - amount not specified | Any homebuyer that can meet income and credit score requirements and buying within Clayton county | Not specified |
Dekalb | Down Payment Assistance | Up to 5% of home loan for down payment assistance | Homebuyers that can meet income requirements and buying in Dekalb county | Grant |
Dekalb | WE Dekalb Program | Up to 5% of the home sale price for down payment assistance | Any homebuyer that can meet income requirements and buying in Dekalb county | Grant |
Fulton | First Time Homebuyer Programs | Up to $10,000 in down payment assistance | First time homebuyer purchasing a home in Fulton County (excluding the city limits of Atlanta, Sandy Springs, and Roswell) | Deferred loan with a 0% interest rate |
Fulton | Neighborhood Stabilization Program | Assistance in purchasing foreclosed or abandoned properties to rehabilitate | Any homebuyer that can meet income requirements | Not specified |
Gwinnett | Homestretch Down Payment Assistance Program | Up to $7,500 in down payment assistance | First time homebuyers that can meet income and credit score requirements | Deferred loan with a 0% interest rate |
Gwinnett | Neighborhood Stabilization Program (NSP) | Up to $22,500 in down payment assistance | Homebuyers that can meet income requirements | Forgivable second mortgage with a 0% interest rate |
Hall | Homestretch Down Payment Assistance Program | Up to $7,500 in down payment assistance | Homebuyers that can meet income requirements | Deferred loan with a 0% interest rate |
City Programs
City | Program | Assistance Offered | Who Should Apply | Assistance Type |
---|---|---|---|---|
Albany | Affordable HomeOwnership Program (AHOP) | Down payment and closing cost assistance- amount not specified | Not specified | Not specified |
Atlanta | Atlanta Affordable Homeownership Program (AAHOP) | Up to $14,000 in down payment and closing costs assistance | Homebuyers that can meet income and credit score requirements | Forgivable loan |
Atlanta | ATL Home Renovation Advantage | Up to $10,000 in down payment and closing costs assistance | Homebuyers that can meet income and credit score requirements and will be using a home renovation mortgage loan | Forgivable loan |
Atlanta | Home Atlanta 4.0, HFA Preferred | Up to 3.5% of the home loan that can be used for down payment assistance | Homebuyers that can meet income requirements | Grant |
Atlanta | Intown Mortgage Assistance Program (IMAP) | Up to $10,000 in down payment and closing costs assistance | Homebuyers that can meet income and credit score requirements | Forgivable loan |
Atlanta | Vine City Renaissance Initiative | Up to $10,000 in down payment and closing costs assistance | Homebuyers that can meet income and credit score requirements | Forgivable loan |
Augusta | Home Ownership Assistance Program | Up to $5,000 loan for down payment and closing cost assistance | Homebuyers who meet income requirements, are employed, and have a satisfactory credit history | Second mortgage |
Savannah | City Employees Down Payment Assistance | Up to $6,000 in down payment assistance | Homebuyers that are currently employed by the city of Savanna and are buying within Savannah city limits | Forgivable loan |
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