Forgivable second mortgagePotentially available — confirm funding and eligibilityFunding unverified
ATL Home Renovation Advantage (Invest Atlanta)
Invest Atlanta
$10,000 toward down payment and/or closing costs with an FHA 203(k) or conventional HomeStyle renovation loan in the City of Atlanta, forgiven after 5 years in the home.
Assistance
Advertises up to $10,000
- $10,000
Fully forgiven after living in the home for 5 years.
Assistance is subject to program, lender, funding, and transaction requirements.
Freshness
Last verified: September 29, 2026
Effective date: Not published
Funding: Funding status could not be independently verified.
Published requirements
Requirements not listed here are not on file and must be confirmed.
- First-time homebuyer status not requiredNot required, but the buyer cannot own an interest in any property when closing.
See exact policy language
“No, however you cannot own interest in any property when closing with Invest Atlanta incentives.”
Homebuyer Incentives FAQs — Invest Atlanta · Do I have to be a first-time homebuyer to participate?Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Must be your primary residenceOwner-occupied; cannot own an interest in any other property.
See exact policy language
“Participants cannot own interest in any other property.”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · Program RequirementsOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Minimum borrower contribution $1,500
See exact policy language
“Participants must contribute $1,500 of their own funds (items purchased outside of closing count toward this requirement).”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · Program RequirementsOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Homebuyer education: 8-hour homebuyer education with a participating educator plus a 90-minute Invest Atlanta Q&A.
See exact policy language
“Must attend a special renovation education class by Resources for Residents & Communities or Committed to Communities.”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · ATL Home Renovation Advantage > RequirementsOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Permitted first mortgages: FHA, ConventionalOnly with an FHA 203(k) or conventional HomeStyle renovation loan, which HomeStack does not model; confirm with a participating lender.
See exact policy language
“Yes, qualified homebuyers may purchase a home using an FHA 203K or Conventional HomeStyle renovation mortgage loan and use ATL Home Renovation Advantage to help with the down payment and closing costs.”
Homebuyer Incentives FAQs — Invest Atlanta · Can I buy a home, and then fix it up?Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Location: Atlanta
- Income limits: on file for City of Atlanta · official limits
- Purchase-price limits: $450,000–$450,000 depending on area/construction
- Property types: Single Family, Townhouse, Condo, Duplex, Triplex, Fourplex
Every rule, in the program’s own words
Each rule HomeStack applies to this program, with the exact passage from the official document and a link that opens the document at that passage. HomeStack re-checks every quote against the live document.
- Assistance — $10,000
See exact policy language
“Homebuyers that qualify and use a home renovation mortgage loan can receive $10,000 towards down payment & closing costs.”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · ATL Home Renovation AdvantageOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Repayment terms
See exact policy language
“Homebuyers receive $10,000 toward the down payment and/or closing costs. The loan is fully forgiven after living in the home for 5 years.”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · ATL Home Renovation Advantage > StructureOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - First-time homebuyer
See exact policy language
“No, however you cannot own interest in any property when closing with Invest Atlanta incentives.”
Homebuyer Incentives FAQs — Invest Atlanta · Do I have to be a first-time homebuyer to participate?Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Owner occupancy
See exact policy language
“Participants cannot own interest in any other property.”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · Program RequirementsOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Minimum borrower contribution
See exact policy language
“Participants must contribute $1,500 of their own funds (items purchased outside of closing count toward this requirement).”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · Program RequirementsOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Homebuyer education
See exact policy language
“Must attend a special renovation education class by Resources for Residents & Communities or Committed to Communities.”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · ATL Home Renovation Advantage > RequirementsOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Eligible first mortgages
See exact policy language
“Yes, qualified homebuyers may purchase a home using an FHA 203K or Conventional HomeStyle renovation mortgage loan and use ATL Home Renovation Advantage to help with the down payment and closing costs.”
Homebuyer Incentives FAQs — Invest Atlanta · Can I buy a home, and then fix it up?Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Eligible location
See exact policy language
“Qualifying homes purchased using Invest Atlanta down payment incentives must be located within the city limits of Atlanta.”
Homebuyer Incentives FAQs — Invest Atlanta · Where can I buy my home if I use these programs?Open official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Income limits
See exact policy language
“4 person $141,360”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · ATL Home Renovation Advantage > Income LimitsOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Purchase price limits
See exact policy language
“Maximum purchase price is $450,000.”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · ATL Home Renovation Advantage > Eligible PropertiesOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Property rules
See exact policy language
“Newly constructed or Existing Single-family detached homes, 2-4 units, Townhomes, Condos”
Homebuyer Programs & Downpayment Assistance — Invest Atlanta · ATL Home Renovation Advantage > Eligible PropertiesOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text. - Participating lender
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“You must select a lender from the current Participating Lender list to use Invest Atlanta incentives.”
Homebuyer Incentives FAQs — Invest Atlanta · Lender listOpen official source at this passage ↗Quote found word-for-word · checked September 29, 2026Last read by a HomeStack researcher: September 29, 2026If the passage is not highlighted, use your browser’s find (Ctrl/⌘ F) to search for the quoted text.
Important notes
- Program fee: $1,200.
- Income limits are published for household sizes 1–8; only the 4-person limit is loaded — see the official page.
Official contacts
Invest Atlanta homebuyer programs: Website
Participating lenders: official list. Housing counselors: HUD counselor search.
Official source
Homebuyer Programs & Downpayment Assistance · Invest Atlanta · Last verified: September 29, 2026
Quote found word-for-word · checked September 29, 2026
HomeStack provides research and estimates based on available program criteria. It does not provide mortgage approval, underwriting, financial advice, or a guarantee of eligibility, funding, or loan terms. Final eligibility must be confirmed by the applicable lender or program administrator.