Fulton to Host Workshop for Future Homeowners

Fulton County residents with aspirations of homeownership are invited to attend a “Do You Dream of Owning Your Own Home?” information session next week.

Potential homebuyers can learn more about all eligibility requirements of the Home Ownership Program (HOP) and the Neighborhood Stabilization Program (NSP). 

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 first 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 in Sandy Springs, Johns Creek and 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 in 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.

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 South Fulton Service Center on on Tuesday, June 26. The Service Center is located at 5600 Stonewall Tell Road in College Park, Georgia, 30349.

To find out more about the workshop, citizens can call Kim Benjamin at 404-612-8077 or DaTonya Lewis 404-612-8060.