Tuesday, November 9, 2010
Buy a Home on the Atlanta Beltline with up to $50,000 Downpayment Assistance
Posted by LaMar C Campbell at 12:46 PM
Program Structure
The Beltline Affordable Housing Trust Fund provides homebuyers with downpayment assistance of up to 20 percent of the sales price at a zero-percent interest rate as a soft second mortgage.
Who Qualifies?
There is no first time homebuyer requirement for borrowers moving into the incorporated city limits of Atlanta but, current residence must be sold prior to closing on the new home.
Qualifying Properties
Sky Lofts -One, two and three bedroom units from $119,000
Triumph Lofts-Lofts located in the Reynoldstown Community from the mid $200,000
Milltown Lofts-One ,two bedroom units from the $170,000's
Glenwood Park- Condominiums in the Glenwood Park Community from $132,500
Grinnell Lofts- Boutique Condominiums in Inman park
White Provision-Condo living in trendy West Midtown from the $220's
870 Inman-Condos in Inman park Village near the BeltLine from $179,000.
