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 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 environmental grants and grants for youth programs.

Additional Resources

category - Home Buying Programs

Keystone Home Loan PLUS Program
The Pennsylvania Housing Finance Agency has constituted the estbalishment of the Keystone Home Loan PLUS Program wherein it aims to offer the lowest PHFA interest rate to first time home buyers in the State of Pennsylvania.

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Urban Rehabilitation Homeownership Program for Homebuyers in Connecticut
The Connecticut Housing Finance Authority, otherwise known as CHFA, is an independent quasi-public housing agency operating within the State of Connecticut that was established in 1969 in an effort to lessen or alleviate the hurdles regarding the lack or insufficient supply of affordable housing opportunities for Connecticut’s low- and moderate-income families and individuals.

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First Time Homebuyer Programs in Arkansas
The Arkansas Development Finance Authority was primarily created to develop safe, decent and affordable housing for low and moderate income Arkansans. The authority's primary goal is to administer funding in the form of tax exempt bonds and other debt instruments through several programs which are divided into three main categories: Economic Development, Homeownership, and Affordable Rental Housing.

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Rural Community Development Initiative
The Rural Community Development Initiative can be awarded to legally qualified private, public, and tribal groups or organizations that have the experience and capability of providing training and technical assistance to nonprofit community-based housing and community development organizations, as well as low income rural communities.

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