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 - 3 days online
$239,900
Single Family Home For Sale
Active
4
BED
2
BATH
2,000
SQFT
676 Elbert Street SW
Atlanta, GA 30310
Adair Park Subdivision
New Listing - a week online
$120,000
Single Family Home For Sale
Active
2
BED
1
BATH
792
SQFT
20 Whitehouse Drive SW
Atlanta, GA 30314
Ashview Heights Subdivision
New Listing - a week online
$365,000
Single Family Home For Sale
Active
3
BED
2
BATH
1,550
SQFT
910 Cascade Road SW
Atlanta, GA 30311
West End Subdivision
New Listing - 2 weeks online
$189,900
Single Family Home For Sale
Active
3
BED
2
BATH
1,224
SQFT
499 Baker Circle NW
Atlanta, GA 30318
Grove Park Subdivision
New Listing - 2 weeks online
$189,000
Single Family Home For Sale
Active
3
BED
2
BATH
1
½BATH
1,835
SQFT
1370 Sharon Street NW
Atlanta, GA 30314
Hunter Hills Subdivision
Open House 05/27 at 2PM
$320,000
Single Family Home For Sale
Active
3
BED
2
BATH
1,968
SQFT
769 Cascade Place SW
Atlanta, GA 30310
West End Subdivision
New Listing - 3 weeks online
$339,900
Single Family Home For Sale
Active
4
BED
2
BATH
2,010
SQFT
1655 Richland Road SW
Atlanta, GA 30311
Westview Subdivision
New Listing - 3 weeks online
$250,000
Single Family Home For Sale
Active
3
BED
1
BATH
900
SQFT
817 Gertrude Place NW
Atlanta, GA 30318
Grove Park Subdivision
New Listing - 3 weeks online
$290,000
Single Family Home For Sale
Active
3
BED
2
BATH
1,104
SQFT
323 Lawton Street SW
Atlanta, GA 30310
West End Subdivision
New Listing - 3 weeks online
$305,000
Single Family Home For Sale
Active
3
BED
2
BATH
1788 Sw Alvarado Terrace SW
Atlanta, GA 30310
West End Subdivision
$125,900
Single Family Home For Sale
Active
2
BED
1
BATH
1,210
SQFT
153 Edwards Street NW
Atlanta, GA 30314
Hunter Hills Subdivision
Open House 05/27 at 1PM
$425,000
Single Family Home For Sale
Active
4
BED
3
BATH
2,181
SQFT
1177 Oak Street SW
Atlanta, GA 30310
West End Subdivision
Price Change - 3 weeks ago
$385,000
Single Family Home For Sale
Active
4
BED
3
BATH
1
½BATH
2,728
SQFT
1503 Westview Drive SW
Atlanta, GA 30310
Westview Subdivision
Price Change - 6 days ago
$329,900
Single Family Home For Sale
Active
3
BED
2
BATH
1,500
SQFT
845 Metropolitan Parkway SW
Atlanta, GA 30310
Adair Park Subdivision
$119,900
Land For Sale
Active
0.1647
ACRES
FULTON
COUNTY
1252 Sells Avenue SW
Atlanta, GA 30310
West End Subdivision
$325,000
Single Family Home For Sale
Active
4
BED
3
BATH
1,498
SQFT
1361 Hartford Avenue SW
Atlanta, GA 30310
Capital View Subdivision
$205,000
Single Family Home For Sale
Active
3
BED
2
BATH
1,441
SQFT
98 Chappell Road NW
Atlanta, GA 30314
Hunter Hills Subdivision
$219,900
Single Family Home For Sale
Active
3
BED
2
BATH
1
½BATH
1,400
SQFT
1448 Rome Drive NW
Atlanta, GA 30314
Hunter Hills Subdivision
Price Change - a week ago
$305,000
Single Family Home For Sale
Active
4
BED
2
BATH
1
½BATH
1,992
SQFT
751 Cascade Avenue SW
Atlanta, GA 30310
Westview Subdivision
$359,700
Multi-Family For Sale
Active
FULTON
COUNTY
776 Elbert Street SW
Atlanta, GA 30310
Adair Park Subdivision
About Burke Sisco

Burke Sisco is an Associate Broker of First United Realty with 17 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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