Assistance Programs & Incentives
There are multiple options to help make your dream of homeownership possible within the City of Atlanta. Incentives can be combined to reduce the funds you need to close.
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There are multiple options to help make your dream of homeownership possible within the City of Atlanta. Incentives can be combined to reduce the funds you need to close.
Homebuyers receive $20,000 toward the down payment and/or closing costs that is fully forgiven after living in the home for 5 years. This incentive can be used with a home renovation mortgage loan.
Household Size | Maximum Income |
---|---|
1 person | $100,100 |
2 persons | $114,380 |
3 persons | $128,660 |
4 persons | $142,940 |
5 persons | $154,420 |
Interested in this program? Check out our homebuyer programs process.
Homebuyers receive $20,000 toward the down payment and/or closing costs. The loan is fully forgiven after living in the home for 5 years.
Household Size | Maximum Income |
---|---|
1 person | $85,800 |
2 person | $98,040 |
3 person | $110,280 |
4 person | $122,520 |
5 person | $132,360 |
Interested in this program? Check out our homebuyer programs process.
Homebuyers receive a 30-year fixed rate FHA, VA, or conventional mortgage, as well as $20,000 for down payment and/or closing costs. The loan is fully forgiven after living in the home for 5 years.
Household Size | Maximum Income |
---|---|
1 person | $85,800 |
2 person | $98,040 |
3 person | $110,280 |
4 person | $122,520 |
5 person | $132,360 |
Interested in this program? Check out our homebuyer programs process.
Homebuyers at 80% of AMI or below who are purchasing homes deemed permanently affordable are eligible to receive $20,000 in assistance. Homebuyers with household income up to 120% of AMI, who are purchasing a home that is not permanently affordable, but is within the Perry Bolton TAD, are eligible to receive $10,000 in assistance. The loan is fully forgiven after living in the home for 5 years.
Household Size | Maximum Income |
---|---|
1 Person (80% AMI) | $57,200 |
2 Persons (80% AMI) | $65,360 |
3 Persons (80% AMI) | $73,520 |
4 Persons (80% AMI) | $81,680 |
5 Persons (80% AMI) | $88,240 |
1 Person (120% AMI) | $85,800 |
2 Persons (120% AMI) | $98,040 |
3 Persons (120% AMI) | $110,280 |
4 Persons (120% AMI) | $122,520 |
5 Persons (120% AMI) | $132,360 |