Wednesday, February 13, 2019

Rockdale County Georgia NSP Neighborhood Stabilization Program up to $14,500 In Down Payment Funds for a Home!

Rockdale Neighborhood Stabilization Program Now Taking Applications- Receive up to $14,500 in Homebuyer Assistance on ‘move-in ready’ inventory homes.
The Rockdale Neighborhood Stabilization Program (NSP) was created for the purpose of stabilizing communities that have been severely impacted by foreclosures and abandonment.  Through the purchase and redevelopment of foreclosed and abandoned homes, the goal of the program will be realized.
Program Overview
To minimize the foreclosure impact, the NSP will purchase foreclosed homes in targeted areas, make necessary repairs and sell the homes to eligible homebuyers. Eligible applicants, who select a NSP home must submit earnest money and an executed contract.  Additionally, all homebuyers are required to complete eight hours of homebuyer education, which must include two hours of one-on-one housing counseling by a HUD-approved housing counseling agency.  All homebuyers must present a Certificate of Completion.  A list of HUD-approved homebuyer education agencies is available upon request.
Eligibility
Eligibility for NSP varies based on a multitude of family situations, including families as small as one person with an annual income of  up to $25,100, to larger families with annual salaries of over $110,000.  Persons residing either in or outside of Rockdale County who meet the criteria in the application are encouraged to apply for assistance through the NSP.

Program Income & Household Size Guidelines
Household Size NTE 120%
Single Person $ 57,360.00
Two Person $ 65,520.00
Three Person $ 73,680.00
Four Person $ 81,840.00
Five Person $ 88,440.00
Six Person $ 95,040.00
Seven Person $ 101,520.00
Eight Person(+) $ 108,120.00
Submit Completed Application to the Following:
Information Desk
Rockdale County Administration and Services Building
958 Milstead Ave.
Conyers, GA  30012
Attn: ROC
Please email christie.phillips@rockdalecountyga.gov or call 770-278-7141 for more details regarding the

No comments:

Post a Comment

Thank you for your comment. Subject to moderation.

Rental Assistance in COVID -19 Resources for Renters and Homeowners!

  There is still help for homeowners and renters!   Please see the resources below that may assist you and your family in this difficult tim...