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

Section 8 Housing Choice Voucher Homeownership Program
The Connecticut Housing Finance Agency has been administering the Section 8 Housing Choice Voucher Homeownership Program wherein they intend to offer home loans at reasonable, below-market rates to Section 8 tenants who wish to purchase a home of their own.

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Downpayment Assistance Program for the First Time Home Buyers in North Carolina
The programs and activities of the North Carolina Housing Finance Agency are constantly geared towards the satisfaction of the best interest of its target population, which is why all their endeavors are carefully guided by their overall agency mission which is "to create affordable housing opportunities for North Carolinians whose needs are not met by the market."

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Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
In accordance with this mission, the Connecticut Housing Finance Authority has established the Urban Rehabilitation Homeownership Program wherein it intends to home purchase loans at steady, below-market rates together with home improvement loans with no interest, all in an attempt to support homeownership and investment in selected Connecticut neighborhoods.

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Downpayment Assistance Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been running the Downpayment Assistance Program in order to financially assist first time home buyers in the process of covering the downpayment and closing costs of purchasing a home.

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