Atlanta Housing Down Payment Assistance Program
Funding status: Active
How much assistance
Up to $20,000; up to $25,000 for public safety, healthcare, education, military/veteran, and Housing Choice Voucher participants (Forgivable Loan)
Forgivable if the home remains the primary residence for the required affordability period.
Eligibility
- Income limits: Household income at or below 80% of HUD Area Median Income for the Atlanta MSA. Liquid assets cannot exceed $25,000.
- Purchase price limit: $375,000
- First-time buyer required: Yes — Must not have owned a home in the past 3 years. No ownership interest in residential or commercial property during this period.
- Geographic restrictions: Property must be located within the City of Atlanta. Eligible properties include single-family detached homes, townhomes, or condominiums.
- Homebuyer education required: Yes
How to Apply for Atlanta Housing Down Payment Assistance Program
Step 1: Apply through an Atlanta Housing participating lender. Must provide at least $1,500 of own funds. Must secure approval for conventional, FHA, or VA fixed-rate financing (15-30 year term). Proof of Georgia residency for at least 6 months required.
Notes
Enhanced $25,000 amount available for public safety workers, healthcare workers, educators, current military or veterans, and Housing Choice Voucher participants.