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Down Payment Assistance  (DPA)

​Purchasing a home from ANDP? ​Homebuyers may be eligible for up to:

 

$12,000 from ANDP's 1stGEN DPA program

$20,000 from ANDP's AHAP program

$15,000 from ANDP's FHLBank Atlanta DPA program

$15,000 from ANDP's HOME program

$15,000 from ANDP's Veterans program

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Did you know?

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  • In the last three years, 70% of qualifying ANDP homebuyers received DPA from ANDP, outside agencies, or both! 
     

  • It is possible for qualifying homebuyers to layer DPA programs for multiple awards. 
     

  • Buyers purchasing ANDP's homes in Atlanta often apply and receive DPA from Invest Atlanta ($20,000) and Atlanta Housing ($25,000). 

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Snapshot

 

See the table below for a quick overview of DPA available from ANDP. Click here to see our list of available homes and which programs/DPA apply to specific homes. 

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​​DETAILED DPA PROGRAM INFORMATION

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​Below is a summary of all assistance programs available through ANDP.​ A special note to potential homebuyers: Your lender and real estate professional can best help you navigate these program requirements. Most programs require that your lender apply on your behalf.

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Keep in mind that each program is different and has separate qualifications and requirements. See a side-by-side comparison of all ANDP-related programs here.

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Traditional DPA Programs

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ANDP-FHLBank Atlanta DPA Program provides between $12,500 and $15,000 in down payment assistance to qualifying homebuyers with a household income of less than 80% of the area median income.  These funds can be used to purchase an ANDP home or any other existing home in metro Atlanta and are available on a first-come-first-serve basis. This program is affiliated with the Federal Home Loan Bank of Atlanta. Note that any homebuyer seeking these funds must have their lender apply on their behalf. The gray box on this page provides lenders with all necessary application information.  â€‹â€‹

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NOTE: As of 6/3/2024, FHLBank Atlanta offers a new, limited-time DPA product for qualifying homebuyers with a household income between 80.01% and 120% AMI. The "Workforce Housing Plus" product offers qualifying buyers up to $15,000 in forgivable down payment assistance. Lenders, please use the same process to apply as the existing First-Time Homebuyer and Community Partners products. Note that the forms indicated in red to the right are specifically for the new Workforce Housing Plus product. 

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HOME - The Federal HOME program provides homebuyer assistance based on the borrower's need, and amounts vary depending on the jurisdiction. Homebuyers' household income can not exceed 80% of the area median income for this program. We typically have no more than 3-4 homes available in this program at any time. 
 

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ANDP Homebuyer Assistance Program (AHAP) - This internal program is offered solely by ANDP and is available only to select ANDP homes. The homebuyer assistance is in the form of a soft-second mortgage offered at zero percent interest, with all payments deferred. The assistance helps lower the housing cost by providing a greater down payment and reducing the mortgage amount. The assistance adds no expense to the monthly mortgage payment. The assistance provided with the zero percent second is not forgivable but will not be due until the home is sold, transferred, or 40 years, whichever comes first. MORE

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Special Initiatives

(Homebuyer assistance, not traditional DPA)

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ANDP Veterans Program - Provides up to $15,000 in homebuyer assistance to qualifying, honorably discharged Veterans, active-duty military personnel, reserve member, guard member, or Gold Star family member. Assistance provided comes in the form of seller contribution at closing. Qualifying participants can use these funds to purchase any ANDP property. MORE
 

 

ANDP First Generation Homebuyer Program - Provides up to $12,000 in homebuyer assistance to qualifying homebuyers. Qualifying participants can use these funds to purchase any ANDP property. 

 

For purposes of the ANDP First-Generation Homebuyer Assistance Program, a “first-generation homebuyer” is: a homebuyer who grew up in foster care; a homebuyer whose parents have not owned a home; a homebuyer whose parents have lost their home; or a homebuyer who has lost their home.

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Assistance provided comes in the form of seller contribution at closing. Next steps: Have your real estate agent contact our listing agent for any ANDP home and make an offer. Our agent will guide your agent through the simple application process. (See our list of homes for sale). 

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ADDITIONAL DPA RESOURCES

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HOUSEHOLD INCOME LIMITS TABLE

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ANDP/FHLBank Atlanta DPA Program
Documentation & Application Portal
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NOTE: The LENDER must make applications for the ANDP/FHLBank Atlanta DPA program on behalf of the buyer. This program is open to all lenders (not just ANDP's "Approved Lenders"). Those lenders wishing to participate must watch the training video and review the Program & Product Guidelines below. 

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1. FUNDING AVAILABILITY 
The funding source for this program is the FHLBank of Atlanta's AHP Set-Aside Program. As a member institution, ANDP has access to up to $750,000 in the funding year. 
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Available Funding as of 11/7/2024:
 
  • Available funding for First-Time Homebuyers and Community Partners DPA products: $2.9 million
     
  • Available to ANDP applicants in the products listed  above:  $152,500
     
  • Available funding for new Workforce Housing+ DPA product: $0
     
  • Available to ANDP applicants for the Workforce Housing + DPA product: $0
     
  • NOTE: Applications are temporarily suspended
    as of 11/8, reopening (pending funding availability) Monday, December 2nd. 
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2. GUIDELINES 
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3. APPLICATION 
Online Application
  • New in 2024: Applicants must first enter the closing date before being allowed to proceed. (Temporarily Disabled) 
  • Reminder: The application must be completed in one session. The online application form does not allow saving work and returning later. 
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NEW PRODUCT ALERT: ANDP has elected to participate in FHLBank Atlanta's new, limited-time DPA product for qualified buyers with a household income between 80.01% and 120% AMI. If your client qualifies for this program based on their household income, please select the appropriate product under the "DPA REQUEST" category of the application. NOTE: This DPA product requires different versions of three forms, as indicated in red below. 
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Required Forms (Updated for 2024)
*If Applicable
Lenders: Note that the application will ask for these forms as attachments to the application.
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 Resources (Updated for 2024)
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4. TRAINING WEBINAR â€‹
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5. QUALIFYING COUNTIES 
This program is available to qualifying homebuyers purchasing homes located in the 29-county Atlanta MSA area. Counties include Barrow, Bartow, Butts, Carroll, Cherokee, Clayton, Cobb, Coweta, Dawson, DeKalb, Douglas, Fayette, Forsyth, Fulton, Gwinnett, Haralson, Heard, Henry, Jasper, Lamar, Meriwether, Morgan, Newton, Paulding, Pickens, Pike, Rockdale, Spalding, and Walton.
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6. QUESTIONS? 
Questions regarding this program should come from the buyer's lender. Send questions to dpa@andpi.org. 
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Note: For those applying for our FHLBank Atlanta-affiliated DPA program, please use the Income Calculator from FHLBank. â€‹

Training
ANDP HOMES  |  233 PEACHTREE ST NE STE 800, ATLANTA GA 30303-1605  |  404-420-1600
Equal Housing Opportunity - ANDPHomes.org is the consumer website of
Atlanta Neighborhood Development Partnership, Inc. 
All information is believed to be accurate but is not warranted.
Offers are subject to errors, change omissions, prior sales, and withdrawals without notice. 
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