First Time Homebuyer Programs in Georgia

by: Michael Saunders

In July 1996, the Governor and General Assembly made a vital decision to join together the Georgia Housing and Finance Authority (GHFA) with the Department of Community Affairs.

Today, the agency is acting together as one and is called the Georgia Department of Community Affairs.

At present, the Georgia Department of Community Affairs, also known as DCA, is operating a host of state and federal grant programs while serving as the state's leading agency in housing finance and development.

In addition, the DCA also functions as the agency that promulgates building codes, does comprehensive planning, technical and research assistance to local governments, and finally, serves as the premiere agency for Georgia's solid waste reduction efforts.

Among all of the first time homebuyer programs of the DCA, some of the most notable are the following:

a) Community HOME Investment Program (CHIP) - This program revolves around the primary idea of using a portion of DCA's HOME funds to assist local governments, nonprofit organizations and public housing authorities in the process of addressing the needs of affordable housing development in their communities.
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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

Second Mortgage Loan Program and Mortgage Credit Certificate for Homebuyers in North Carolina

One of the more popular programs is the FirstHome Mortgage Program for First Time Homebuyers which offer significantly low interest rates and a rather low fixed 30-year mortgage plan.

Department of Housing and Urban Development: Continuum of Care Homeless Assistance Programs

The CoC Homeless Assistance programs is designed to reduce the incidence of homelessness in established CoC communities, thereby the need to assist homeless individuals and families during the process of quickly transitioning to self-sufficiency and permanent housing.

Down Payment Assistance Loan for First Time Home Buyers in New York

In line with this, The State of New York Mortgage Agency has been running the Down Payment Assistance Loan Program (DPAL) wherein it intends to help first time home buyers overcome the setbacks brought about by down payments and closing costs.

Government Grants for Housing Assistance

Do you have a bad credit record but want to get a house? the government just might help. Read this!...