The down payment assistance programs that are listed here are a sample of what is available for homebuyers in Georgia. This can be your starting point as you search for the right program for your family. Home Purchase and Refinance Loans

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Augusta Homeownership Assistance Program

Financial Assistance for Homebuyers in Georgia

The purpose of Augusta’s Homeownership Assistance Program is to help first-time homebuyers purchase a home within the Augusta-Richmond County. 

Available Assistance 
Down payment assistance is available to eligible applicants in the form of deferred-payment, low-interest loans in which Housing and Community Development (HCD) provides the required down payment or closing cost (not to exceed $5,000). This loan amount is forgiven if the borrower still resides in the house five years after the purchase. 

Eligibility Requirements 
To be considered eligible for Augusta’s Homeownership Assistance Program, applicants must be first-time homebuyers (those who have not owned a home in the previous three years), displaced homemakers, or single parents. They must have an annual household income at or under 80% of the area median income (limits shown below), and can only qualify to buy a home that serves as their primary residence (purchase of investment properties is not permitted). 

 Income Limits 
1-person household: $35,200 
2-person household: $40,200 
3-person household: $45,250 
4-person household: $50,250 
5-person household: $54,300 
6-person household: $58,300 
7-person household: $62,350 
8-person household: $66,350 

Maximum Purchase Price Limit 
Existing homes 
1-unit: $152,000 
2-unit: $195,000 
3-unit: $236,000 
4-unit: $292,000 
Unadjusted median value: 160,000 

New Homes 
1-unit: $227,000 
2-unit: $291,000 
3-unit: $352,000 
4-unit: $436,000 
Unadjusted median value: 239,000 

*Seller-funded down payment programs were eliminated in the Housing and Economic Recovery Act of 2008, but state and local government agencies are still permitted to help borrowers finance their homes with second mortgages and grants. These agencies set different requirements that a borrower needs to meet in order to qualify for the grant programs, such as property location, and purchase price, and income limits.  

Note: All information mentioned above was accurate at the time of publication and may no longer be current. Visit the program website for updated information. 



Down payment assistance programs and/or grants were researched by the team at Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property.'s compilation is not a complete list, but it can serve as a starting point in your search for the down payment assistance program or grant for your situation. It is up to the consumer to contact these entities and find out the specifics of each program.

Down Payment Grants in Georgia

Augusta's Homeownership Assistance Program offsets the cost of upfront mortgage payments to help first-time homebuyers purchase a home in the Augusta-Richmond County.

The Department of Community Affairs in Georgia helps residents in particular counties finance their new homes through the Georgia Dream Homeownership Program. The program helps homebuyers afford decent housing by providing them with down payment assistance.

Down payment assistance funds are provided as a 5-year deferred payment loan with zero interest. As long as the homeowner remains the primary resident through the maturity date of the security deed, the lien is canceled and no payments are required. 

Neighborhood Works Columbus offers homebuyers a down payment assistance program that provides a set amount of money to qualified homebuyers to help them afford down payments on their homes.

Savannah's  Housing & Neighborhood Services Department offers different levels of down payment assistance to eligible applicants with the Dream Maker programs.

The Decide DeKalb Development Authority designed the WE DeKalb Program as an economic incentive to help employers in Atlanta attract and retain top talent by making homeownership in DeKalb County more affordable. 

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