rewards: Georgia Dream Changes
- 02/13/10 04:17 AM
On February 11, 2010, The Department of Community Affairs announced several changes to some Georgia Dream programs. Georgia Dream Rewards (Name changed from Georgia Dream Plus) Increased income limitations: Atlanta MSA1 or 2 persons $71,0003 or more persons $82,000 Purchase price up to $250,000 Statewide1 or 2 persons $61,0003 or more persons $70,000 Purchase price up to $200,000 Sales Price/Down Payment Assistance Amount Changes$5,000 if sales price is $150,000 or less$7,500 if sales price is greater than $150,000 Credit score requirement remains at 660+. Buyers may retain cash assets up to the greater of $20,000 or 20% of the purchase price. (0 comments)