New Atlanta Beltline Home Affordability Program

By
Real Estate Broker/Owner with Fitzgerald Realty, Inc.

BeltLine Affordable Housing Opportunity Program (BAHTF)

What is it?

The "BeltLine Affordable Housing Opportunity Program (BAHTF)" provides homebuyers with downpayment
assistance up to 20% of the sales price at 0% interest rate as a soft second mortgage.
1st Mortgage secured by ADA's participating lenders must be a Conventional, FHA or VA 30-year fixed rate loan.
1st Mortgage interest rate can not exceed the maximum monthly rate posted on ADA's website.

What type of home can I buy?

  • The property must be located in the Beltline Tax Allocation District. To verify go tohttp://gis.atlantaga.gov/apps/parcel_search/
  • Maximum purchase price limit can not exceed $252,890
  • Single family detached homes, townhomes, and condominiums
  • Property must be owner occupied

 

How Do I Get Started?

•1.     Attend ADA approved homebuyers seminar.

•2.     Contact one of ADA's participating lenders to get
pre-qualified and secure 1st mortgage loan.

•3.     Find a home within the city limits of Atlanta.

•4.     Have your lender complete loan package and forward it to ADA.

Beltline Affordable Housing Trust Fund Program Flyer

Preferred Housing Education providers

ADA Mortgage Programs Terms Matrix

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Topic:
Lending / Financial
Location:
Georgia Fulton County Atlanta
Tags:
home mortgage
atlanta
beltline
belt line
down payment assistance

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