Potential homebuyers are invited to participate in the “Committed to Communities” open house on Saturday, January 12, to visit the homes in historic communities and to help boost homeownership in Southwest Atlanta.
The free, family-friendly event will feature homes in the West End, West View, Oakland City, Ashview Heights, Beecher Hills, Adair Park and Capitol View, which are all primarily in the 30310 zip code. As we all know, this area was once home to high rates of foreclosure and mortgage fraud, but is beginning to rebound as savvy buyers discover our historic area close to downtown and along the popular Atlanta Beltline.
Already 17 families have purchased homes in the area with $15,000 down payment assistance grants through the NeighborhoodLIFTSM program. Several million dollars are still available through the program. Those qualifying must buy and live in a home in the city of Atlanta and meet requirements including a maximum income of 120 percent of the Atlanta area median income, which is $83,000 for a family of four.
Those taking part in the event from 11 a.m. to 3 p.m. will find homes ranging from $40,000 to $250,000 in quaint communities filled with residents committed to strengthening and stabilizing their neighborhoods. Attendees will tour homes for sale; talk with builders, lenders, real estate professionals, and housing counseling agencies; enjoy refreshments; and meet families who call these communities home.
One success story that has been shared, is that of the Mullen family. The Mullens, a family of 4, recently purchased their dream house on Holderness Street in the historic West End. “Due to both NeighborhoodLIFT and the fact that we were able to purchase and rehab a foreclosure, we were able to get the home that we really wanted. We chose the West End specifically because it has a lot of potential and culture,” said Amanda Mullen.
“Committed to Communities” will kick off at a home located at 580 West End Place. Persons interested in attending the free January 12 event can register at www.CommittedtoCommunities.com.
Registration is encouraged but not required.