Down Payment Path

Down Payment Assistance Programs in Georgia

Georgia provides a variety of down payment assistance programs designed to help homebuyers manage upfront costs. These programs are accessible to a broad range of buyers, ensuring that homeownership is within reach for residents across the Peach State.

Georgia Dream Down Payment Assistance

The Georgia Dream Down Payment Assistance program offers financial support for buyers who meet income and purchase price requirements.

  • Provides up to $10,000 for most eligible buyers.
  • Enhanced assistance of up to $12,500 for public service workers, educators, healthcare providers, and military members.
  • Funds are offered as a zero-interest second mortgage, repayable upon sale, refinance, or payoff of the first mortgage.
  • Available for FHA, VA, USDA, and conventional loans through Georgia Dream-approved lenders.

Atlanta Housing Authority Down Payment Assistance

The Atlanta Housing Authority (AHA) Program helps homebuyers in the Atlanta area with down payment and closing costs.

  • Offers grants or forgivable loans depending on income and location.
  • Open to all eligible buyers, not just first-time homebuyers.
  • Can be combined with other state or federal assistance programs.

USDA Rural Development Loans

For buyers in rural parts of Georgia, the USDA Rural Development Loan provides affordable financing options.

  • No down payment required for eligible buyers.
  • Available to low- and moderate-income buyers in USDA-designated rural areas.
  • Can be paired with additional assistance programs to cover closing costs.

Mortgage Credit Certificate (MCC)

The Mortgage Credit Certificate program offers tax benefits to reduce the long-term cost of homeownership.

  • Allows buyers to claim a federal tax credit for a portion of their mortgage interest paid annually.
  • Can be used with other down payment assistance programs.
  • Income and purchase price limits apply.

City and County Assistance Programs

Many cities and counties in Georgia offer additional assistance programs for local homebuyers.

  • Programs in areas like Savannah, Augusta, and Columbus provide grants or low-interest loans to cover down payment and closing costs.
  • Some local initiatives offer enhanced benefits for public service workers or buyers purchasing in targeted areas.
  • Eligibility criteria vary by location but often extend beyond first-time buyers.

Georgia’s down payment assistance programs are designed to help more residents achieve their homeownership goals by reducing upfront costs. Whether you're purchasing your first home or upgrading, these programs can help you find the support you need to secure a home in the Peach State.