Downpayment Assistance From The BeltLine

Wondering if there's any progress happening with the Atlanta BeltLine? Well maybe those parks, trails and transit plans are still way off, but there has been some movement with the BeltLine's affordable housing plans.

The BeltLine Affordable Housing Trust Fund (BAHTF) has been created to offer downpayment assistance of up to $50,578 to homebuyers looking at properties in the Beltline Tax Allocation District.

BAHTF provides homebuyers with downpayment assistance of up to 20 percent of the sales price at a zero percent interest rate as a soft second mortgage. There is no first time home buyer requirement for borrowers moving into the incorporated city limits of Atlanta, but current residence must be sold prior to closing on the new home. You can check out all the guidelines associated wth this program here.

Red Robin Group currently has 3 listings that fall within the Beltline Tax Allocation District and are being offered under the maximum purchase price limit of $252,890. Check them out:

600 Warwick Street, 3/2, $228,900


558 Mead Street, 3/2, $215,000


457 Stovall Street, 3/1, $189,900


Please give Red Robin Group a call at 404.254.5206 if you or sombody you know might be interested in one of the above properties.