ALTERNATIVES TO THE TAX CREDIT: Employers That Can Cause You to Get an Extra $7500

You may feel like your occupation and the hours you spend working are undervalued and unappreciated.  Well, here in Georgia, your labor is not in vain! Although the federal tax credit has expired, there actually are numerous programs throughout Georgia that will give those that work in some of the most undervalued occupations down-payment assistance for their next real estate purchase.  (For other programs besides this one, please click here.)  If you are employed with any of the following (and in some cases even if you are a volunteer), you may qualify to receive $7500 towards your home purchase through Georgia Dream’s PEN (Protectors, Educators, Nurses) program:

ALTERNATIVES TO THE TAX CREDIT: How to Get Up to $7500 For Buying a Home in One of These Georgia Counties

The Georgia Department of Community Affairs (DCA) has yet another new down payment assistance option to its Georgia Dream Homeownership Program to help revitalize and attract home buyers to the several counties affected by the 2009 Georgia floods.  The Georgia Dream Recovery Program offers down payment and closing cost assistance for all home buyers in the following Metro Atlanta counties: Carroll, Cherokee, Cobb, Dawson, Dekalb, Douglas, Fulton, Gwinnett, Heard, Newton, Paulding and Rockdale. For those desiring to purchase a home in these counties, the real estate qualifications to receiving the Recovery Program funds are that it maybe any home within one of these counties (it does not have to have been personally affected/damaged by the floods) with a purchase price of no more than $300,000.  The DCA’s recovery program is also available to counties in other parts of Georgia including: Catoosa, Chattooga, Crawford, Dooly, Houston, Peach, Stephens, Taylor and Walker.  For those desiring to purchase a home in these counties, the real estate qualifications to receiving the Recovery Program funds are that it maybe any home within one of these counties (it does not have to have been personally affected/damaged by the floods) with a purchase price of no more than $250,000.

ALTERNATIVES TO THE TAX CREDIT: How to Get Rewarded Up to an Extra $7500 on Your GA Home Purchase

The Georgia Department of Community Affairs (DCA) has yet another new down payment assistance option to its Georgia Dream Home-ownership Program. The Georgia Dream “Plus” option (or the Rewards Program) offers down payment and closing cost assistance for first time home buyers with incomes up to 100% of their Area Median Incomes (AMI). Georgia Dream’s down payment assistance options are normally restricted to borrowers whose incomes are at or below 80% AMI. This assistance comes in the form of a second mortgage loan, with a zero percent interest rate and requires no repayment until the home is sold, refinanced, or no longer used as the principal residence of the borrower.

Get $14,000 Free Towards Your Home Purchase - Here’s How…

Do you live in Georgia and desire to make a home purchase but need some additional cash for either your downpayment or repairs?  Well there is some good news for you!  Whether or not you are a first-time home buyer that qualifies for the up to $8000 tax credit, you may be eligible for $14,000 from the Georgia Department of Community Affairs.