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Grant Options for Every Buyer

FHLB Grants are now available and the maximum grant amounts have increased for 2021. 

Plus, now military members, veterans and their surviving spouses and COVID-related essential workers are now eligible for the Community Partners Grant Program. 

FIRST-TIME HOMEBUYERS GRANT
Up to $7,500 assistance for closing cost or down payment for first-time buyers. 

  • Minimum contribution of $1,000 from the borrower
  • Must occupy as primary residence for 5 years
  • Income limits apply

COMMUNITY PARTNERS GRANT
Up to $10,000 in down payment or closing cost assistance for current or retired law enforcement officers, firefighters, employees of state-accredited schools, employees of health care systems, first responders, active-duty military members, veterans and their surviving spouses, and COVID-related essential workers.

  • Minimum contribution of $1,000 from the borrower
  • No first-time homebuyer requirement
  • Income limits apply

All programs require household income at or below 80% HUD Median Income and require homebuyer education. Actual loan verification is subject to verification and approval of income, credit, property, appraisal and other factors. www.fhlbatl.com. 


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