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How to Contact

Housing and Development
925 Laney Walker Blvd
Augusta, Georgia 30901
Phone: (706) 821-1797
Fax: (706) 821-1784
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Housing Development Augusta
Housing & Community Development

Home Ownership

HOMEOWNERSHIP ASSISTANCE PROGRAM

Purpose of the Program

The purpose of the Homeownership Assistance Program is to assist first-time home buyers in purchasing a home within Augusta-Richmond County.

Down payment assistance is available to eligible applicants in the form of a deferred payment loan and low interest loans in which HCD will provide up to the required down payment or closing cost not to exceed $7,500.

Criteria

Applicants must have a satisfactory income
Must be employed
Must have a satisfactory credit history
Must meet certain federal income guidelines
Must agree to participate in a pre-purchase counseling program

Application Procedure

Applicant contacts a realtor and selects a home for purchase.
Applicant schedules an appointment with one of the participating local lending institutions to complete an application for a loan. Once a sales contract has been signed, the lender sends all relevant information to HCD.
HCD reviews application & inspects the property.
If application is approved, owner is notified & a voluntary sales certification is sent to Seller.
Upon receipt of voluntary sales certification, the closing is scheduled with the closing attorney.

DPA Program Manual (PDF)