ANDP Affordable Home Purchase Programs

ANDP Homes offers a number of affordable homes for purchase. Because these homes were purchased and rehabbed with many different program sources, there are different program requirements. Below is a quick overview of our current programs. Note that programs are subject to change. Additional program requirements apply.

ANDP HOME PURCHASE PROGRAMS
Program Available Jurisdictions Qualifying Homes Amount of Assistance

Maximum
Household Income

Assistance
Forgiven?
NSP Douglas, Gwinnett and Rockdale counties. Our NSP program homes listed here. Up to $25,000. Varies by jurisdiction 120% AMI. See table below, adjusted for number in household. Yes. 5-20 years depending upon jurisdiction.
HOME/CHDO City of Atlanta, DeKalb and Gwinnett counties. Our HOME/CHDO program homes listed here. Amount varies and is determined by homebuyer need. 80% AMI. See table below, adjusted for number in household. Yes. 5-20 years depending upon jurisdiction.

PARTNER HOMES

Multiple counties in the Atlanta MSA. Our Partner Homes Available as listed here. No assistance automatically paired with these homes. See ANDP Down Payment Assistance programs below for options. 120% AMI. See table below, adjusted for number in household. Varies by source of down payment assistance.
For the aforementioned home purchase programs, homebuyers are required to complete an 8-hour Homebuyer Education Course. Homebuyers must also occupy the home they are purchasing and own no other property at time of closing. Homebuyers are often required to contribute a minimum of $1,000 or 1% (amount varies by program and jursdiction) of the price of the home toward the home purchase transaction. Buyer pre-paids such as appraisals, inspections and Homebuyer Education Course fee may be applied toward this requirement.

 

Maximum Household Income Limits

Affordable housing programs are designed specifically to aid families who need assistance based upon their income and household size. Income is examined as it relates "area median income" levels as set by U.S. Department of Housing & Urban Development (HUD). Below you will find the income limits based upon category and number of persons in the household.

HUD MAXIMUM HOUSEHOLD INCOME LIMITS
Household Size 80% AMI 120% AMI
1 $39,050 $58,575
2 $44,600 $66,900
3 $50,200 $75,300
4 $55,750 $83,625
5 $60,250 $90,375
6 $64,700 $97,050
7 $69,150 $103,725
8 $73,600 $110,400

 

Example: To participate in the HOME/CHDO program, it is required that total household income is 80% or less of Area Median Income (AMI). Thus, in the chart below, we see that a family of 4 can have a total household income of no more than $54,550 to participate in the program. Note that programs often have differing income limits. Families purchasing an NSP program home, can earn up to 120% of AMI. Note that maximum household income levels includes all household incomes.

 
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