The Welcome Home Program is a home ownership program that offers fully rehabilitated and newly constructed affordable homes to eligible low- to moderate-income home buyers. The program also includes mortgage assistance in the form of a 0% interest loan to qualified first-time home buyers who purchase affordable homes in Gwinnett County. The amount of assistance is dependent on household income and ranges up to $22,500.
Unlike traditional down payment assistance programs, the Welcome Home Program matches qualified applicants to purchased and rehabilitated properties, as opposed to a prospective home buyer matching the down payment assistance to a property for sale by a private owner. GHC selects properties based on a number of factors, to include location, property condition, neighborhood stability, school quality, and accessibility to amenities. Properties included in the program come from a variety of acquisition sources including the Department of Housing & Urban Development (HUD), the National Community Stabilization Trust (NCST), traditional multiple listing services, and the identification of vacant and/or abandoned properties through a place-based partnership with local agents and organizations.
Current Welcome Home Properties for Sale:
List Price: $160,000