Choice Neighborhoods Exterior Owner-Occupied Rehab Program Launching 11/30/20!

Choice Neighborhoods Exterior Owner-Occupied Rehab Program

Atlanta Housing, Invest Atlanta and the City of Atlanta have launched a deferred forgivable loan program that provides up to $70,000 in federal funds to eligible Ashview Heights and Atlanta University Center homeowners for exterior health and safety repairs on their home.

Funds will be provided in the form of a forgivable loan at a 0% interest rate with payments deferred and forgiven until the earlier of loan maturity, sale, transfer of ownership, or failure to maintain the property as the primary residence during the loan term.  The maximum loan amount per home is $70,000, inclusive of all construction related costs and closing costs. Loan term will be determined by loan amount, not to exceed 10 years.

Contact the Choice Neighborhoods Exterior Owner-Occupied Rehab Program Manager, Meals On Wheels Atlanta at info@mowatl.org or 404-351-3889.