October is “Fall into Homeownership” Month

ATLANTA – The Atlanta Development Authority (ADA) is partnering with the Atlanta Housing Authority (AHA) and HomeFree-USA during the month of October for “Fall into Homeownership” Month. Buyers who meet all eligibility requirements and obtain lender loan approval may qualify to receive down payment assistance from ADA and AHA. ADA has $25 million in first-mortgage capital in addition to several programs designed to help assist in-town buyers with down payment and closing costs.

 

Based on the geographic location of the property to be purchased, the ADA downpayment assistance can be used in conjunction with the AHA downpayment assistance. By combining these programs, buyers who qualify may be eligible to receive up to $40,000 in downpayment assistance. A series of events is scheduled for the month of October that will teach interested homeowners about the downpayment assistance programs available to them and highlight the housing developments that are eligible for homeownership incentives.

 

While the maximum household income limit can be as high as $82,000, the average household income of a program participant is $46,600. The average sales price of a home is $157,880.

 Schedule of Fall into Homeownership Month events:

October 30        

Fall Into Homeownership Celebration

Time: 12 p.m. – 4 p.m.
Location:  TBD
RSVP by calling 404.614.8306  on or after October 17
Network with ADA, AHA, and City of Atlanta developers, lenders, realtors and homebuyer education providers.

Our West End Newsletter

If you haven’t already picked up a copy- you can stop by most of the businesses on RDA (Ralph David Abernathy) and get a copy of our Newsletter.  The West End Print Shop and Grounds Coffeehouse (at the Skylofts) also had copies of the Dec/January issue. It’s FREE, so read it and meet your neighbors.

I’m amazed by our Newsletter team. They seem to be everywhere and at every function, getting the scoop – positive scoop- on our neighborhood. You guys rock!

This issue includes information on HomeFree- USA. You’ll meet the Mackey’s and see how HomeFree further prepared them for home ownership.  The Mackey’s are great neighbors. Their story -and home, is just one of the reasons more are choosing this side of the city to buy in.  Huge bungalows- some renovated- surrounded by good neighbors.

“Growing Up In West End”, great article.  Someone should write a book.  Have you spoken with any of our “Urban Pioneers”?  Me, being an “old soul”, love to sit and listen to our pioneers.  The wealth of information they can provide about our community- our world- is irreplaceable.  Maybe we can have a Urban Pioneer Day – I’ll check with our Parks,Recreation and Cultural Affairs committee to see.  I’m starting to realize for me, living in the West End is more than just being here- it’s a lifestyle, and the more I learn, the more I connect with it’s past I am proud and ready to volunteer for anything that will shape it’s future. I want my children to feel the same way- proud of where they are growing up and have a voice in it’s direction.

Do you know about Sankofa Mobile Museum? Read page 8 in our Newsletter and see see: www.omenala.org for more details.

There is just so much to see and do on this side of the city- soon I’ll be able to say “Atlantic what?”  LOL