First Time Homebuyer Programs in Georgia
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The funds that are provided under the CHIP can be used in several ways, such as to provide down payment assistance or homeowner rehabilitation funding to eligible low- and low-moderate income households in Georgia.

b) Emergency Solutions Grants Program (ESGP) - This program mainly concentrates on providing outreach, shelter, rapid re-housing, homelessness prevention and related services to people experiencing homelessness, or for people whose welfare are in danger as a result of homelessness.

The ESGP is the agency's attempt at enabling homeless individuals and families to move toward independent living as well as to prevent future instances or possibilities of homelessness.

c) Georgia Dream Homeownership Program - This program is DCA's leading program that is designed to assist low and moderate income families in the complex process of procuring a home.

The program is divided into two subprograms: the First Mortgage Loan Financing, which provides low-interest rate mortgage loans (payable for up to 30 years) to eligible borrowers with moderate incomes and modest assets, and the Down Payment and Closing Cost Financing Program which provides the eligible borrowers of the First Mortgage Loan Financing Program with the opportunity to procure a second loan worth $7,500 to cover the property's downpayment and closing costs.

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

Homebuyer Mortgage Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Authority has been administering the Homebuyer Mortgage Program for First Time Homebuyers. The program is capable of offering home loans and below-market interest rates to first time homebuyers who reside in Connecticut and who are planning to acquire a property that is located in Connecticut.

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Homeownership Program for First Time Homebuyers in Connecticut
The Connecticut Housing Finance Agency has established the Homeownership Program wherein it intends to provide reasonable home loans with below-market interest rates to tenants occupying publicly assisted housing who wish to transition from renting into homeownership.

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First Time Homebuyer Programs in Idaho
The Idaho Housing and Finance Association, otherwise referred t as IDFA, is Idaho's uniquely created and organized financial institution and administrator of affordable housing resources.

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If you have a recent bankruptcy on your credit and are looking to get financing for a home, there is hope. Buying a home with bad credit will just put more emphasis on the other two factors needed to...

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