Down Payment Assistance Is Available
Down Payment Assistance Programs
Buying a home in Atlanta doesn’t have to mean draining your savings. Our agents are experts in helping buyers access powerful down payment and closing cost assistance programs that make homeownership more affordable.
Invest Atlanta
If you’re purchasing within the City of Atlanta, Invest Atlanta offers up to $20,000 toward your down payment, closing costs, or interest rate reduction. These funds are structured as a forgivable loan if you remain in the home for a set period—often five years. This program can dramatically reduce your out-of-pocket costs when buying in Atlanta.
NACA (Neighborhood Assistance Corporation of America)
The NACA program is available nationwide, including throughout Georgia. It offers no down payment, no closing costs, and no PMI with below-market fixed rates. There’s no minimum credit score, and participants complete a homebuyer workshop and counseling to become NACA-qualified. It’s ideal for buyers ready to purchase but who may not have significant savings.
Georgia Dream
The Georgia Dream Homeownership Program can be used anywhere in the state of Georgia. It provides up to $10,000 in down payment assistance for eligible first-time homebuyers—or up to $12,500 for public service workers such as teachers, nurses, and first responders.
Chenoa Fund
The Chenoa Fund is available nationwide, including Georgia, through participating FHA lenders. It offers 3.5% to 5% of the purchase price as down payment assistance and is open to many borrowers—even those who earn above moderate-income limits. Depending on the option, the assistance may be forgivable or repaid over time, providing flexibility for a wide range of buyers.