ANDP-FHLBank Atlanta DPA Program

What is ANDP-FHLBank Atlanta DPA Program?

ANDP-FHLBank Atlanta DPA Program is a grant for homebuyers in 29-county Atlanta MSA County, Georgia.

• ANDP-FHLBank Atlanta DPA provides $15,000–$20,000 in grant assistance for homebuyers in the 29-county Atlanta MSA through three FHLBank Atlanta products: First-Time Homebuyer ($17,500), Community Partner ($20,000), and Workforce Housing Plus ($15,000). Income limits up to 120% AMI.
• Provides $15,000–$20,000 in grant assistance (no repayment required after 5-year retention period) to eligible homebuyers purchasing in the 29-county Atlanta MSA through three FHLBank Atlanta products: • First-Time Homebuyer: $17,500 for first-time homebuyers with household income ≤ 80% AMI • Community Partner: $20,000 for first-time homebuyers who are community partners (teachers, first responders, healthcare workers, law enforcement, firefighters) with income ≤ 80% AMI • Workforce Housing Plus: $15,000 for homebuyers (no first-time requirement) with income 80.1%–120% AMI Funds may be used for down payment and/or closing costs. Must be paired with a qualifying first mortgage through an ANDP-approved lender. Homebuyer education/counseling required. Applications submitted by lender on borrower's behalf. Funds available on first-come, first-served basis.
• Funding comes from Federal.

How much assistance does it provide?

ANDP-FHLBank Atlanta DPA Program offers between $15,000 and $20,000 in assistance, depending on the award tier a buyer qualifies under.

• Award tier “First-Time Homebuyer (FTHB)” — up to $17,500. Who qualifies: First-time homebuyers with household income ≤ 80% AMI in the 29-county Atlanta MSA.
• Award tier “Community Partner” — up to $20,000. Who qualifies: First-time homebuyers who are community partners (law enforcement, educators, healthcare workers, firefighters, veterans) with income ≤ 80% AMI.
• Award tier “Workforce Housing Plus” — up to $15,000. Who qualifies: Homebuyers (no first-time homebuyer requirement) with household income 80.1%–120% AMI in the 29-county Atlanta MSA.
• Buyer contribution: Borrower contribution required; amount varies by product and lender.
• The program can be combined with other assistance, subject to the rules of each.
• Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Do you have to pay it back?

ANDP-FHLBank Atlanta DPA Program is structured as a grant, so it is not repaid.

• Repayment is triggered by Sale, Refinance, and No Longer Primary.
• The assistance is recorded in 2nd Lien position.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

ANDP-FHLBank Atlanta DPA Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

ANDP-FHLBank Atlanta DPA Program limits household income to 120% of the area median income, which varies by county and household size.

• FTHB and Community Partner products: up to 80% AMI. Workforce Housing Plus: 80.1%–120% AMI. Income limits calculated by FHLBank Atlanta using HUD area median income data for the 29-county Atlanta MSA.
• The limit applies to total household income, not only the borrower’s.
• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

ANDP-FHLBank Atlanta DPA Program can be used for Single Family, Condo, Townhouse, New Construction, 2-4 Unit, and Manufactured Home.

• New construction is eligible.
• Manufactured homes are eligible.

Where does it apply?

ANDP-FHLBank Atlanta DPA Program serves buyers purchasing in 29-county Atlanta MSA County, Georgia.

How do you apply?

Applications for ANDP-FHLBank Atlanta DPA Program go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact the administering agency to reserve funds

   Funds are reserved with the provider and are subject to availability.

3. 3

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.