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Mortgage Program

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Down Payment Assistance Mortgage Program

The Housing Authority of Cobb County (the “Authority”) in mid 2019, undertook a program to impact the acquisition cost of single family housing by providing tax free down payment assistance (“General DPA”) funds to qualifying purchasers of single family residences in Cobb County (the “County”).

In addition to the General DPA,  the Authority makes an additional $6,000 tax free cash grant to qualified employees (those who receive their paycheck from the County Board of Commissioners) purchasing a home in the County (“Additional DPA”). In February 2023 the Authority Board approved an increase to 10,000 of this tax-free grant to qualified Cobb County employees under the same conditions and circumstances as stated below.

There are maximum family income limitations and maximum mortgage loan limitations.  Detailed information on both program’s and the participating mortgage lenders is available at  To access the Cobb Housing Authority information on the website, visit

Eligibility Criteria

  • There is no first-time homebuyer requirement in this program.  
  • You must be qualified for a mortgage with an approved Cobb County DPA Program Lender.
  • You must meet income and loan amount limits.  
  • You must meet minimum credit score requirements and maximum debt to income (DTI) ratios.
  • The home must serve as your principal residence (this cannot be an investment property).
  • You must occupy the home within 60 days of Eligibility Criteria closing.

Eligible Property

New or existing residential, one-four units*, detached or attached, condos, townhomes . *Freddie Mac Loans - One Unit property ONLY. Homes are considered new if never previously occupied. Manufactured homes, mobile, recreational, seasonal or other types of vacation or non-permanent homes are not permitted. Land may not exceed the size required to maintain basic livability. Properties purchased in the program must be residential units.

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Have you ever dreamed of owning a home?  The Programs listed below offer a 30-year, fixed rate first mortgage with down payment assistance and could make your dream a reality.