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Pulse of Progress
AFFORDABLE WORKFORCE HOUSING
Homebuyers / Renters
Homeownership & Mortgage Programs

AAHOP - Atlanta Affordable Homeownership Program **

Atlanta Affordable Homeownership Program (AAHOP):

What is it?
AAHOP is a program designed to provide mortgage assistance in the form of a 0% interest second mortgage in the amount of $10,000 to assist with down payment and closing cost.  The lender will qualify the borrower for a 30 year fixed rate mortgage and use AAHOP as down payment assistance.

 

What type of home can I buy?
You can purchase an existing or newly constructed single family detached home, condominiums and town homes as long as the property is inside the Atlanta City Limits

What are the income limits?

Household Size                           Income Limits
(1 person Household)                             $39,850   
(2 person Household)                             $45,550
(3 person Household)                             $51,250
(4 person Household)                             $56,950
(5 person Household)                             $61,500

How do I apply?

  1. Contact one of our participating lenders to get pre-qualified and let them know you are interested in the AAHOP program.
  2. The lender will have you complete a loan application which included all the ADA required documentation.
  3. Attend a homebuyer’s education seminar from one of our Preferred Homebuyer Education Seminar Providers.
  4. The lender will approve your loan based on the preferred mortgage companies’ guidelines and forward the ADA/URFA documentation to our office to be reviewed and approved.

*AAHOP cannot be combined with ADDI

Frequently Asked Questions

AAHOP Program Flyer

Preferred Attorney List

Preferred Homebuyer Education Seminar Providers

Determine if Property Is Located in the City of Atlanta  *(New Construction will not show-Contact the ADA representative for assistance)

** This program is currently suspended until further notice, but feel free to contact Tracey Powell at
404-614-8280 with any questions.

Atlanta Fun Fact

Coca-Cola, the world's most popular soft drink, was first served in 1887 at Jacob's Drug soda fountain on Peachtree Street in Downtown Atlanta.


Home Ownership & Mortgage Programs

Home Atlanta

Atlanta Affordable Homeownership Program (AAHOP)

American Dream Down payment Initiative (ADDI)

Vine City/English Avenue Trust Fund (HOAP)

Eastside TAD Affordable Housing Purchase Program

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