State-run Mortgage Assistance Program Ending


According to the Georgia State Department of Community Affairs, it will be ending one of its major mortgage assistance programs by the end of March 2020.

HomeSafe Georgia, citing depleting funds, will stop accepting applications on March 31, 2020, marking an end to a decade of helping families realize the American dream of home ownership. In that time, HomeSafe has helped over 15,000 homeowners purchase a new home, with more than 99% of the program participants in their homes after two years.

Established in 2011, HomeSafe Georgia serves as the funding source to disburse over $350 million in federal funds to put people in homes. The program has a reported $12 million remaining.

To learn more about the program and/or to direct potential homeowners to the application, visit HomeSafe Georgia here.

Thursday, January 23, 2020
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