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Citizens with dreams of owning a home invited to Fulton County housing information workshop | News

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Citizens with dreams of owning a home invited to Fulton County housing information workshop
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Citizens with dreams of owning a home invited to Fulton County housing information workshop

ATLANTA -- Fulton County residents with dreams of owning a home are invited to attend a “Do You Dream of Owning Your Own Home?” information session on Tuesday, October 9, 2012.  Future homebuyers can learn more about all eligibility requirements of the Home Ownership Program (HOP) and the Neighborhood Stabilization Program (NSP).  The workshop hosted by the Department of Housing and Human Services Office of Housing and Community Development will be held from 6:30 p.m. – 7:30 p.m. at the Washington Park Branch Library.  The Washington Park Branch is located at 1116 Martin Luther King Jr., Drive in Atlanta, GA 30314.
                                                            
The Fulton County HOP program serves income eligible first time homebuyers or persons who have not purchased a home in the past three years.  HOP provides a deferred payment loan toward the required 1st mortgage down payment for homebuyer owner occupants. The assistance is used for eligible homes located in Fulton County that are outside the city limits of Atlanta, Sandy Springs, Johns Creek, and the City of Roswell.  HOP applicants must work with an approved HOP Participating Lender and pay a $35.00 non-refundable program application fee. Funds are reserved on a first-come, first-served basis, and all HOP borrowers must complete a pre-purchase Homeownership Counseling Workshop or individual counseling.  Post-purchase counseling is also required within twelve (12) months after a home purchase.  Housing counseling activities must be facilitated by a HUD approved counseling agency.
 
The Fulton County NSP Homeownership Program also provides an opportunity for homeownership for eligible low-moderate income residents that purchase NSP designated homes in Fulton County, Georgia, that are outside the municipal city limits of Atlanta, Sandy Springs, and Johns Creek. Homebuyers must select a participating NSP lender and comply with all program requirements. The program will assist approved homebuyers with up to $25,000 in the form of a deferred payment soft second mortgage loan. All NSP borrowers must complete a pre-purchase Homeownership Counseling Course by a HUD approved Homeownership-Counselor. Post purchase counseling is encouraged but not mandatory.
 
To find out more about the workshop, citizens can call Kim Benjamin at 404 612-8077 or DaTonya Lewis 404 612-8060.
 
All Fulton County meeting facilities meet ADA accessibility requirements.  Citizens in need of reasonable accommodations and communication in an alternative format, please contact the Department of Housing and Human Services at (404) 613-7944.  For relay-type service, dial 711.

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