Good Neighbor Next Door

• HUD Program geared toward first responders (law enforcement, firefighters and EMT) and teachers, offering them single-family homes at a 50 percent discount in DeKalb County's revitalization areas.
• Eligible participants do not have to be first-time homebuyers; however, they cannot own any other property at the time of purchase or one year prior.
• Revitalization areas include designated communities in Decatur, Lithonia, Ellenwood and Stone Mountain.
• DeKalb County is working with partners to make the program successful, including Citizens Trust Bank, DeKalb Association of Realtors, HUD Asset Managers, and housing counseling agencies.

NSP1

• DeKalb County allocated $18.5 million by HUD in 2008 to acquire and rehabilitate abandoned or foreclosed single-family homes and multi-family properties that would be sold or rented to eligible participants.
• Single family homes offered for sale by the affordable housing partners - Atlanta Neighborhood Development Partnership (ANDP) and Real Estate Alliance (REAL).
• Homebuyer assistance up to $25,000 may be available.

NSP3

• DeKalb County was allocated $5.3 million in 2010 to target NSP activities within an area of greatest need to achieve more impact.
• Hidden Hills community was selected based on data analysis and research.
• NSP 3 homes could be available for sale as early as late summer, 2012.

Get Home Now!

• County-wide effort to stimulate affordable vacant home-buying, rehabilitation of distressed homes and home sales.
• Combines new mortgage capital and home renovation products with flexible credit requirements.
• $20 million commitment of new capital for mortgages and home repairs for new homebuyers and existing homeowners.
• Program launched with APD Solutions, HUD and other partners.

First-Time Homebuyer Down Payment Assistance Program

• The program is available to first-time homebuyers who have not owned a home in the last 3 years.
• Eligible credit-worthy applicants may qualify for up to $8000.
• Maximum annual income limits apply.
• Applicants must first attend a workshop with a HUD approved counseling agency.

For more information:

DeKalb County Community Development
(404) 286-3308