Georgia Dream Homeownership Program

ANOTHER REASON WHY IT'S A GREAT TIME TO BUY A HOME

THE GEORGIA DREAM NSP PROGRAM
The program provides $14,000 to eligible borrowers purchasing foreclosed properties in eligible areas. Funds are disbursed in the form of a second mortgage lien with no interest and no monthly payments. The lien is released over a period of five years and six months. Funds may be used for required repairs and/or down payment assistance.

This program begins April 1, 2009 and all funds must be disbursed by June 30, 2010.

http://www.dca.state.ga.us/housing/Homeownership/programs/gadreamnspdownpayment.asp