Affordable Housing Program Grants

As a first time home buyer or community partner, you may be eligible for grant funds available through the Federal Home Loan Bank of Atlanta to assist with your down payment and closing costs.¹

First Time Homebuyer

The First Time Homebuyer grant provides up to $12,500, which can help you with your down payment, closing costs,¹ and principal reduction when purchasing a home.

Product Requirements:²

Must contribute at least $1,000.
Must have income that is less than or equal to 80% of the county area median income.
Must complete a Homebuyer Counseling Program.

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Community Partners

The Community Partners grant provides up to $15,000 in home purchase assistance to current or retired law enforcement officers, educators, healthcare workers, firefighters, and other first responders, as well as veterans and active-duty military members or their surviving spouse.

Funding is available to first-time homebuyers and non-first-time homebuyers who meet eligibility requirements.

Product Requirements:²

Must contribute at least $1,000.
Must have income that is less than or equal to 80% of the county area median income.
Must complete a Homebuyer Counseling Program.

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– Annie M., AllSouth Member, 2024

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Thank you for your interest. If you would like additional information, please fill out the form below and a lending officer will contact you shortly.