Grant Options for Every Buyer

Grant Options for Every Buyer

Looking to purchase a home but need a little help with your downpayment or closing costs? Depending on your income, location, occupation or ownership status, you could qualify for grant money from the Federal Home Loan Bank of Atlanta. Grant funds are available beginning March 7, 2022, and are provided to qualified buyers on a first-come, first-served basis, so they won't last long. 

FIRST-TIME HOMEBUYERS GRANT
Up to $7,500 assistance for closing cost or down payment for first-time buyers. 

  • Minimum contribution of $1,000 from the borrower
  • Must occupy as primary residence for 5 years
  • Income limits apply

COMMUNITY PARTNERS GRANT
Up to $10,000 in down payment or closing cost assistance for current or retired law enforcement officers, firefighters, employees of state-accredited schools, employees of health care systems, first responders, active-duty military members, veterans and their surviving spouses, and COVID-related essential workers.

  • Minimum contribution of $1,000 from the borrower
  • No first-time homebuyer requirement
  • Income limits apply

All programs require household income at or below 80% HUD Median Income and require homebuyer education. Actual loan verification is subject to verification and approval of income, credit, property, appraisal and other factors.

Reach out to a loan officer near you immediately if you are looking to purchase a home and want to know if you could qualify. 

www.fhlbatl.com. 


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