Invest Atlanta — ATL Home Renovation Advantage

About This Program

Combines down payment/closing cost assistance of up to $20,000 with a home renovation mortgage loan for buyers purchasing a home that needs work within City of Atlanta limits. Requires completion of a special renovation education class and a $1,200 program fee. The property must pass inspection and be under $428,000 purchase price. Income at or below 120% AMI.

Combines purchase and renovation financing in one loan; DPA forgivable over 5 years.

Key Details

• Must purchase within City of Atlanta limits
• Income limits: 1 person $96,000 / 4 person $137,040
• Max purchase price $428,000
• $1,200 program fee required
• Renovation education class completion required before closing

How to Apply

Deadline: Ongoing through participating lenders