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.

New Listing - 8 hours online
$119,900
Land For Sale
Active
0.183
ACRES
FULTON
COUNTY
Peeples Street SW
Atlanta, GA 30310
Oakland City Subdivision
Open House 01/26 at 2PM
$319,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,653
SQFT
1442 Westboro Drive SW
Atlanta, GA 30310
Oakland City Subdivision
Open House 01/26 at 2PM
$275,000
Single Family Home For Sale
Active
2
BED
2
TOTAL BATHS
832
SQFT
898 Mayland Avenue SW
Atlanta, GA 30310
Adair Park Subdivision
Open House 01/25 at 12PM
$320,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,600
SQFT
1449 Richland Road SW
Atlanta, GA 30310
West End Subdivision
New Listing - yesterday
$125,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,177
SQFT
1549 Beecher Street SW
Atlanta, GA 30310
Westview Subdivision
New Listing - 3 days online
$289,900
Single Family Home For Sale
Active
4
BED
4
TOTAL BATHS
2,304
SQFT
1266 Oakland Terrace SW
Atlanta, GA 30310
Oakland City Subdivision
New Listing - 5 days online
$289,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,406
SQFT
1686 Alvarado Terrace SW
Atlanta, GA 30310
Westview Subdivision
New Listing - 6 days online
$165,900
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
1,200
SQFT
186 Burbank Drive NW
Atlanta, GA 30314
Hunter Hills Subdivision
New Listing - a week online
$275,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,744
SQFT
1623 Stokes Avenue SW
Atlanta, GA 30310
Westview Subdivision
New Listing - a week online
$125,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1174 Princess Avenue SW
Atlanta, GA 30310
Oakland City Subdivision
Open House 01/26 at 2PM
$389,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
916 Gaston Street SW
Atlanta, GA 30310
West End Subdivision
New Listing - a week online
$165,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
944
SQFT
1290 Akridge Street NW
Atlanta, GA 30314
Hunter Hills Subdivision
New Listing - a week online
$322,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,885
SQFT
498 Glendalough Place SW
Atlanta, GA 30310
Westview Subdivision
New Listing - a week online
$365,000
Single Family Home For Sale
Active
4
BED
3
TOTAL BATHS
1,725
SQFT
1293 Almont Drive SW
Atlanta, GA 30310
Oakland City Subdivision
New Listing - 2 weeks online
$149,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,150
SQFT
957 Lawton Street SW
Atlanta, GA 30310
Oakland City Subdivision
New Listing - 2 weeks online
$329,000
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,742
SQFT
1253 Princess Avenue
Atlanta, GA 30310
Oakland City Subdivision
New Listing - 2 weeks online
$264,900
Single Family Home For Sale
Active
3
BED
2
TOTAL BATHS
1,154
SQFT
515 Pelton Place NW
Atlanta, GA 30318
Grove Park Subdivision
New Listing - 2 weeks online
$399,000
Single Family Home For Sale
Active
3
BED
3
TOTAL BATHS
1,670
SQFT
725 Pearce Street SW
Atlanta, GA 30310
Adair Park Subdivision
New Listing - 2 weeks online
$137,500
Single Family Home For Sale
Active
4
BED
2
TOTAL BATHS
1,057
SQFT
281 Holly Road NW
Atlanta, GA 30314
Hunter Hills Subdivision
New Listing - 2 weeks online
$125,000
Single Family Home For Sale
Active
2
BED
1
TOTAL BATHS
1,282
SQFT
1009 Palmetto Avenue SW
Atlanta, GA 30314
Ashview Heights 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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