Hurry! City of Atlanta giving $79 million in mortgage loans

The city of Atlanta has $79 million in mortgage loan money to distribute according to an article published by the Atlanta Business Chronicle.

A free housing opportunity seminar will be held at City Hall Oct. 3 from 8:30 a.m. until noon to explain how to qualify for loans of up to $50,000 toward the purchase of homes inside 23 empowerment zones throughout the city.

The money may be used for down payments, closing costs, gap financing, or principal or interest rate reduction. The Atlanta Mortgage Assistance Program is available to qualified low-to-moderate income homebuyers.

Call Councilwoman Cleta Winslow at 404-330-6047 to register for the event. Hurry...Atlanta Mortgages might never be easier!