Hundreds of hopeful people gathered Friday for assistance to “Achieve the Dream” of owning a home.
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The event, organized by the Neighborhood Assistance Corporation of America, runs through Sunday. It potentially provides a below-market 5.5% mortgage rate for people with low to moderate household incomes.
The U.S. Housing and Urban Development-approved program also offers some of its clients no down payment, closing costs or mortgage insurance. Credit scores are not considered, making homeownership more accessible for many.
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Tamara Beach, a single mom, said she has worked for years to be a homeowner.
“It would mean that I’ve decided to truly make Georgia my home,” Beach said.
Avril Liburd, a NACA agent, highlighted the challenges faced by potential homeowners in the metro Atlanta area.
“We’re seeing most homes now since COVID have increased between 50 to 100% in the metro Atlanta area,” Liburd said.
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