Habitats for HIPsters

hipster-home

While Beltlandia is certainly attracting a healthy share of the classic hipster population to it’s environs, I refer in this post to those who qualify for Atlanta BeltLine’s new Housing Initiative Program [HIP].

Federal Home Loan Bank of Atlanta (FHLBank Atlanta) and Atlanta BeltLine, Inc. (ABI) today announced the reopening of HIP with a new round of grant goodness. HIP has up to $3 million in financial assistance for the purchase of new homes or the rehabilitation of existing homes along the Atlanta BeltLine corridor.

HIP is Atlanta BeltLine’s newest effort to fulfill the goal of providing 5,600 units of affordable or workforce housing. The program gives those earning less than 80% of the Area Median Income an opportunity to enjoy life along the Line in two fundamental ways:

  • Qualified Buyers can get up to 20% of the purchase price of a home in downpayment assistance with a cap of $45,000.
  • Those who already own homes in need of repair can snag up to $25,000 in renovation funding.

If you can scrape together at least $1,000 toward the purchase or upgrade and plan to call the home your primary residence, then you could be in business. Interested homebuyers and homeowners can begin the process at www.AtlantaBeltLineHomes.com.

Once you get your status as a bonafide HIPster you can search for houses with the search widget below. I’ve filtered the search to homes listed on FMLS as “near the BeltLine” with a maximum purchase price of $200K, although the maximum purchase price will vary based on your personal prequalification. The target area for HIP-eligible homes is roughly ½ mile to either side of the corridor. This search may not be completely inclusive of every qualifying property, and no guarantees that properties on this search will vet out, but it gives you a starting point.

And you can see there are still a number of properties in BeltLandia that can be had for $200K or less.

Preference last year was shown to properties located along the southwest and westside neighborhoods of the BeltLine, an area where I have had the opportunity to assist a number of buyers.

So when you’re ready to go west and stake your claim, I’m here for you.

Open House 05/25 at 12PM
$469,900
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
2,775
SQFT
1608 Linda Way SW
Atlanta, GA 30310
Westview Subdivision
New Listing - 14 hours online
$210,000
Multi-Family For Sale
Active
0.188
ACRES
FULTON
COUNTY
1148 Mobile Street
Atlanta, GA 30314
Washington Park Subdivision
New Listing - 17 hours online
$399,900
Single Family Home For Sale
Active
6
BED
3
TOTAL BATHS
3,620
SQFT
1150 Martin Luther King Jr Drive SW
Atlanta, GA 30314
Washington Park Subdivision
New Listing - 17 hours online
$138,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,408
SQFT
940 Harwell Street NW
Atlanta, GA 30314
Washington Park Subdivision
New Listing - yesterday
$394,900
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,542
SQFT
779 Tift Avenue SW
Atlanta, GA 30310
Adair Park Subdivision
New Listing - yesterday
$319,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,434
SQFT
881 Oakhill Avenue SW
Atlanta, GA 30310
Adair Park Subdivision
New Listing - 2 days online
$399,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
1,978
SQFT
870 Westmont Road SW
Atlanta, GA 30311
Westview Subdivision
New Listing - 2 days online
$189,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,058
SQFT
1031 Fair Street SW
Atlanta, GA 30314
Ashview Heights Subdivision
New Listing - 2 days online
$374,900
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
2,030
SQFT
1575 Beecher Street SW
Atlanta, GA 30310
Westview Subdivision
New Listing - 2 days online
$215,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,528
SQFT
1535 Westwood Avenue SW
Atlanta, GA 30310
West End Subdivision
New Listing - 5 days online
$336,000
Multi-Family For Sale
Active
2
ACRES
FULTON
COUNTY
297 Burbank Drive NW
Atlanta, GA 30314
Hunter Hills Subdivision
New Listing - 5 days online
$312,500
Single Family Home For Sale
Active
2
BED
3
TOTAL BATHS
1,611
SQFT
1115 Selwin Avenue SW
Atlanta, GA 30310
Oakland City Subdivision
New Listing - a week online
$369,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,063
SQFT
872 SW Hall Street SW
Atlanta, GA 30310
Oakland City Subdivision
New Listing - a week online
$124,900
Land For Sale
Active
0.2429
ACRES
FULTON
COUNTY
Elbert Street SW
Atlanta, GA 30310
Adair Park Subdivision
New Listing - 2 weeks online
$200,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
2,123
SQFT
234 Napoleon Drive SW
Atlanta, GA 30314
Ashview Heights Subdivision
New Listing - 2 weeks online
$140,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,161
SQFT
1039 Fair Street SW
Atlanta, GA 30314
Ashview Heights Subdivision
New Listing - 2 weeks online
$135,000
Land For Sale
Active
0.241
ACRES
FULTON
COUNTY
1311 Mayson Turner Road NW
Atlanta, GA 30314
Hunter Hills Subdivision
New Listing - 2 weeks online
$169,899
Single Family Home For Sale
Active
2
BED
2
TOTAL BATHS
1,065
SQFT
1346 Akridge Street NW
Atlanta, GA 30314
Hunter Hills Subdivision
New Listing - 2 weeks online
$195,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,468
SQFT
688 Dill Avenue
Atlanta, GA 30310
Capital View Subdivision
About Burke Sisco

Burke Sisco is an Associate Broker of First United Realty with 18 years of experience in the Atlanta real estate market. He calls the surging infra-culture around the BeltLine both home and business territory and is the founder and managing editor of BeltLandia.com. He has helped a number of satisfied clients buy and sell property in BeltLandia. Those interested in living the BeltLandia Lifestyle can reach Burke at 404.421.9968 or by email at burke@burkesisco.com.

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