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Atlanta is trying to revitalize areas of downtown Atlanta and the belt line.  They have come up with a variety of mortgage loan programs to assist borrowers who want to buy in the revitalization areas.  These program are under the Invest Atlanta website.  There are four different loan programs that have different criteria.  These loan programs are:

  • Home Atlanta 4.0

  • Invest Atlanta Down Payment Assistance Programs – there are three programs under this category

These loan programs are designed to help just about anyone who wants to live in the designated  Invest Atlanta Areas.  So lets briefly look at each one.

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Home Atlanta 4.0 – Homebuyer Requirements

  • Current residence must be sold prior to closing on the new home

  • Income limits cannot exceed program limits (see Home Atlanta Link 4.0 above)

  • Must qualify for first mortgage with Invest Atlanta Approved Vendor

  • Home must be owner occupied

  • Homebuyer must contribute $1500 of their own funds towards closing

  • Maximum purchase price is $374,268

  • Property must be located in the city of Atlanta and pay city taxes

To check if a home is available click here

For more information about income limits, how to get started, participating lenders, repayment requirements click  Home Atlanta 4.0 

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Neighborhood Lift – Homebuyer Requirements

Provides up to $15,000 in funding to eligible homebuyers.  Can be used with a rehab program like a HUD 203(k) loan.  The funding will be used to pay all or a portion of the closing costs and/or down payment.  The $15,000 will be fully forgiven after you live in the home for five years.

  • Current residence must be sold prior to closing on the new home

  • Income limits cannot exceed program limits

  • Must qualify for first mortgage with Invest Atlanta Approved Vendor

  • Home must be owner occupied

  • Borrower or seller pay $1,000 program fee

  • Property must be located in city of Atlanta and pay city taxes


Atlanta Affordable Homeownership Program (AAHOP)

Provides $10,000 mortgage assistance as a zero percent interest rate soft (silent) second and can cover up to 50% of closing costs.

  • Must be a first time buyer or not have owned a home as a primary residence in the last three years

  • Deferred loan for five years

  • Repayment in full if you sell, refinance, or do not keep the home as a primary residence

  • Must contribute $1,500 of your own funds toward closing

  • Have a sound credit history

  • Property must be located in the city of Atlanta and pay city taxes


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Vine City/English Avenue Trust Fund (HOAP)

Provides a zero percent interest rate loan of up to 10% of the purchase price – it may not exceed $15,000. A home buyer may pool other funds from other down payment assistance programs, as long as the home buyer qualifies under each program.

  • There is a $700 program fee

  • If you combine this program with the Neighborhood Lift Program there is only a $1000 fee charged

  • The loan is deferred for five years but payment but you must be paid in full if you sell or refinance

  • Must contribute $1,500 to closing

  • House must be located within the trust fund boundaries.