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What is it?
The “Atlanta Affordable
Homeownership Program (AAHOP)”
provides $10,000 mortgage assistance
in form of a 0% interest rate soft
second mortgage and covers up to
50% of the settlement costs.
1st Mortgage secured by ADA’s
participating lenders must be Conv,
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
city limits of Atlanta
- Maximum purchase price limit on
new and existing is $252,890
- Single family detached homes,
townhomes, and condominiums
- Property must be owner occupied
What are the income limits?
Household Size Income Limits
(1 person Household) $40,150
(2 person Household) $45,900
(3 person Household) $51,600
(4 person Household) $57,350
(5 person Household) $61,950
How Do I Get Started?
- Attend ADA approved homebuyers
seminar.
- Contact one of ADA’s participating lenders to get
pre-qualified and secure 1st
mortgage loan.
- Find a home within the city
limits of Atlanta.
- Have your lender complete loan
package and forward it to ADA.
AAHOP Program Flyer
Preferred Housing Education providers
Participating Attorneys List
Determine if Property Is Located in the City of Atlanta
*(New Construction will not show-Contact the ADA representative for assistance)
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