Owner-Occupied Rehab Program

Invest Atlanta and the City of Atlanta Department of City Planning have launched a deferred forgivable loan program that provides up to $30,000 to eligible City of Atlanta homeowners for health and safety repairs on their home. The loan will be for 10 years at a 0% interest rate with payments deferred and forgiven until the earlier of loan maturity, sale, transfer of ownership, or failure to maintain the property as the primary residence during the 10-year term.

The principal balance is reduced by 10% annually provided the eligible homeowner maintains primary residency. The prorated remaining balance is due and payable immediately if the home is sold, transferred, or no longer the primary residence within the 10- year term. A lien will be placed on the home.

The maximum loan amount per home, inclusive of all construction related costs and closing costs, is $30,000 per home.

  • Homeowner must reside within the City of Atlanta, excluding the Westside Tax Allocation District and Choice Neighborhoods. 
  • Must be a primary homeowner and existing resident of the property at least five (5) years prior to application. 
  • Annual Household Income must not exceed 60% of area median income (“AMI”; adjusted for household size, limitations may apply). 60% of AMI = 1 Person Household ($29,289) - 2 Person Household ($33,480) - 3 Person Household ($37,680) - 4 Person Household ($41,820) - 5 Person Household ($45,180) - 6 Person Household ($48,540) 
  • Senior households aged 55+, Military Veterans, Disabled Head of Households and those that have been in their homes for 15+ years will have a priority in the program.
  • Homeowners with 1st and 2nd mortgage liens are permitted, provided all mortgages are current and not in default. 
  • Homeowners with outstanding tax liens, water liens without a payment plan, FIFAs, etc. are ineligible for the program. 
  • Prior recipients of owner-occupied rehabilitation grants funded by City of Atlanta resources over five thousand dollars ($5,000) within the previous 12 months are ineligible for the program.
More information at www.investatlanta.com/owneroccupiedrehab

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