First Time Homebuyer Programs in Georgia
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The funds that are provided under the CHIP can be used in several ways, such as to provide down payment assistance or homeowner rehabilitation funding to eligible low- and low-moderate income households in Georgia.

b) Emergency Solutions Grants Program (ESGP) - This program mainly concentrates on providing outreach, shelter, rapid re-housing, homelessness prevention and related services to people experiencing homelessness, or for people whose welfare are in danger as a result of homelessness.

The ESGP is the agency's attempt at enabling homeless individuals and families to move toward independent living as well as to prevent future instances or possibilities of homelessness.

c) Georgia Dream Homeownership Program - This program is DCA's leading program that is designed to assist low and moderate income families in the complex process of procuring a home.

The program is divided into two subprograms: the First Mortgage Loan Financing, which provides low-interest rate mortgage loans (payable for up to 30 years) to eligible borrowers with moderate incomes and modest assets, and the Down Payment and Closing Cost Financing Program which provides the eligible borrowers of the First Mortgage Loan Financing Program with the opportunity to procure a second loan worth $7,500 to cover the property's downpayment and closing costs.

First Time Homebuyer Programs in Georgia
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About The Author Michael Saunders Michael Saunders is an editor of TopGovernmentGrants.com one the the most comprehensive Websites offering information on government grants and federal government programs. He also maintains Websites providing resources on home improvement grants and loans and children grant funding.

Additional Resources

category - Home Buying Programs

First Time Homebuyer Programs in District of Columbia
The Department of Housing and Community Development, more commonly referred to as DHCD, is a local government agency in the District of Columbia that is primarily responsible for increasing quality housing and community development opportunities.

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First Time Homebuyer Programs in Georgia
The state of Georgia offers a variety of programs to assist first time home buyers. The programs are offered primarily through the Georgia Department of Community Affairs.

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First Time Homebuyer Programs in Maine
The first time homebuyer programs of MaineHousing are all especially designed to contribute to the achievement of its primary agency mission which is to "assist Maine people to obtain and maintain decent, safe, affordable housing and services suitable to their unique housing needs."

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Keystone Home Loan Program For First Time Homebuyers in Pennsylvania
The Pennsylvania Housing Finance Agency, more commonly referred to as PHFA, is an independent agency that was established in the year 1972 in an effort to contribute to the provision of reasonable and affordable housing opportunities the elderly, persons and families of modest means, and people suffering from disabilities.

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