Atlanta Down Payment Assistance

About

About This Program

Up to $20,000 in down payment help for first-time buyers in the City of Atlanta, or up to $25,000 for some public servants and voucher holders.

Eligibility

Who Can Apply

• First-time homebuyer with no ownership interest in any residential or commercial property in the past 3 years
• Household income at or below 80% of HUD's Area Median Income
• Purchase price of $375,000 or less
• Home inside the City of Atlanta, used as your primary residence
• Single-family house, townhome or condo (land is not eligible)
• Liquid assets of no more than $35,000
• At least $1,500 of your own money toward the purchase
• Georgia resident for at least 6 months
• Approved by a participating lender for a fixed-rate conventional, FHA or VA loan
• Everyone on the loan completes an 8-hour homebuyer education class from a HUD-approved provider
• No non-occupant co-borrowers or co-signers

Area served: City of Atlanta

The offer

What's Offered

• Up to $20,000 in down payment assistance
• Up to $25,000 for public safety, healthcare and education workers, current military, veterans and voucher participants
• Can be combined with other down payment assistance if Atlanta Housing and the lender approve

Amount: Up to $20,000; up to $25,000 for public safety, healthcare and education workers, military, veterans and voucher holders

Get ready

What You'll Need

• Proof of Georgia residency for at least 6 months
• Homebuyer education class completion for everyone on the loan

Key dates

Dates