Georgia New Construction
Thousands of Georgia buyers qualify for assistance programs they never knew existed. Let us help you find the money that's already waiting for you — at no cost to you.
Find Out If You Qualify →What Is It
Down Payment Assistance (DPA) refers to grants, second mortgages, and forgivable loans offered by state agencies, local governments, and nonprofits to help buyers cover their upfront home purchase costs.
In Georgia, programs like the Georgia Dream Homeownership Program provide up to $15,000 in down payment and closing cost assistance to eligible buyers — including those purchasing brand-new construction homes.
The Rainey Property Group works directly with buyers to identify which programs they qualify for and connects them with approved lenders who participate in these programs — before a single contract is signed.
"Most buyers are surprised to learn this money exists — and that using it costs them nothing."
The Rainey Property GroupIn Georgia, you don't have to be a first-time homebuyer to qualify for every program. Many buyers who owned a home 3+ years ago are still eligible — and some programs have no homeownership history requirement at all.
Georgia Programs
State of Georgia · DCA
The flagship Georgia program offering up to $10,000 in standard DPA, $12,500 for public service workers (military, law enforcement, educators, healthcare), and $15,000 through the Choice program for buyers with disabilities.
City & County Level
Several counties and cities in the Atlanta metro offer their own DPA on top of state programs. Fulton, Cobb, Gwinnett, and DeKalb counties each run programs targeting local buyers purchasing within their boundaries.
Available in Georgia
Federal programs and national nonprofits offer DPA available to Georgia buyers. Fannie Mae HomeReady and Freddie Mac Home Possible provide reduced down payments as low as 3%, while the Chenoa Fund and National Homebuyers Fund offer additional grants.
Why It Works
New construction homes are often an ideal match for down payment assistance programs. Because you're working directly with a builder on a set sales price and timeline, there's less uncertainty around appraisals and seller concessions that can complicate DPA use on resale homes.
Builders in the Georgia market are also experienced working with DPA-approved lenders, and many offer their own incentive packages that can be layered on top of assistance funds — reducing your out-of-pocket costs even further.
Our team knows which communities and builders work seamlessly with Georgia Dream and other DPA programs, so you don't waste time pursuing homes where the assistance can't be applied.
Builder contracts have fixed pricing, removing the appraisal guesswork that often creates problems for DPA on resale homes.
New construction closing timelines align naturally with the 60–90 day windows most DPA programs require to process assistance funds.
Layer builder incentives, mortgage rate buydowns, and DPA funds together to significantly reduce your upfront and monthly costs.
Eligibility
Most Georgia Dream eligibility requirements are straightforward. Here's what the majority of programs look for:
Haven't owned a home in the past 3 years — or purchasing in a federally designated target area.
Household income must fall within program limits, which vary by county and household size (typically $60K–$120K).
Most programs require a minimum 640 FICO score. Some national programs accept scores as low as 580.
Home purchase price must fall within program caps — Georgia Dream limits typically range from $250K to $425K depending on county.
The home must be your primary residence — investment properties and vacation homes are not eligible.
You must work with a DPA-approved mortgage lender. We connect you with lenders who participate in Georgia Dream and other programs.
Not sure if you meet the criteria? Use the tool below to check in under 2 minutes — no commitment required.
Free · No Commitment · Takes 2 Minutes
Our eligibility tool checks your profile against dozens of Georgia and national DPA programs instantly. No forms to fill, no lender calls until you're ready.
Find Out If You Qualify →Powered by Down Payment Resource · Provided free through The Rainey Property Group