{ January 22nd, 2010 }
Atlanta BeltLine Downpayment Assistance
It’s difficult to find someone that lives “intown Atlanta” that doesn’t know what the BeltLine is. Frequently the topic of conversation in coffee shops, dog runs and kickboxing classes, the BeltLine is often talked about, but mostly in terms of potential rather than reality. What most people don’t realize is that there’s currently a program in place that’s covering up to 20% of the purchase price of condominiums within the BeltLine TAD.
Curious? More on the program from one of my local favorites, WSB’s Jovita Moore:
It’s a really intriguing program, one that I’m often surprised
that more people don’t inquire about. My gut tells me that like many available grants, there’s just a lack of general awareness. The Federal Housing Tax Credithas created a ton of buzz- with good reason- but when you compare an $8,000 tax credit to what’s being offered in the BeltLine district, it looks like chump change. It almost seems as if the BeltLine has been a victim of its own hype- it’s best known for what it might deliver one day- parks, trails and transit- not what it’s already delivering right now.
So consider this post my contribution to the Atlanta BeltLine’s Downpayment Assistance Program. If you know anyone who might be in the market to live in the vicinity of the BeltLine- and might be able to meet the program’s income requirements- do them a favor and forward them this post. You may be able to help them save a ton of money.
Curious about some of the participating developments? I’ve compiled some available listings within the district, here.
Photo Credit: Christopher T. Martin, via BeltLine.Org
