Maximum subsidy is $12,000 per borrower.
Borrower must have at least one year of ownership by a life estate or a full interest in the fee title.
If your household income is equal to or less than the 80% Area Median Income (AMI) limit, you may qualify for this incentive.
|The home must be the homebuyer’s primary residence.|
|Incentive is a five-year forgivable loan (Your balance is forgiven by 20% each year, at the end of five years you no longer have a balance).|
|The home may have up to 4 zoned residential units.|
|Homebuyer must use an approved lender.|
For More Information
Federal Home Loan Bank of Atlanta Community Investment Services