Perry Bolton Mortgage Assistance Program
Open nowCity of Atlanta - Perry Bolton Tax Allocation District
- For
- Buyers in the Perry Bolton TAD
- Amount
- $20,000 (income at or below 80% AMI buying a permanently affordable home) or $10,000 (up to 120% AMI, home not permanently affordable)
- Kind
- Forgivable loan
- Income cap
- 80% AMI ($94,240 family of 4) or 120% AMI ($141,360 family of 4)
- Price cap
- $300,000
- First-time buyers only?
- No
- Also required
- Forgiven after 5 years; $1,000 program fee; liquid assets max $25,000; Invest Atlanta participating lender
Last checked November 2026 · our sources
Check whether I fitHow it works
Perry Bolton is one of Invest Atlanta's neighborhood incentives. It is a forgivable loan forgiven after five years, a much shorter commitment than the 10 years tied to ATL HomeNOW. The amount depends on two things: your income and the type of home.
| Household income | Home type | Assistance |
|---|
| At or below 80% AMI ($94,240 for four) | Permanently affordable home | $20,000 |
| Up to 120% AMI ($141,360 for four) | Not permanently affordable | $10,000 |
The purchase price limit is $300,000. There is a $1,000 program fee.
Who qualifies
The home has to sit inside the Perry Bolton TAD in Fulton County. You don't have to be a first-time buyer. Liquid assets are capped at $25,000, lower than the $35,000 allowed under most other Invest Atlanta programs, so a buyer with healthy savings may be over the line. You also need an Invest Atlanta participating lender. Ask the lender or Invest Atlanta whether a specific home counts as "permanently affordable," because that is what unlocks the $20,000 level.
Using it with other help
Invest Atlanta says its incentives can't be combined with Georgia Dream (including the PEN option for teachers and first responders), NACA, or DeKalb or Fulton County assistance, though some Invest Atlanta incentives work together under specific circumstances. A participating lender confirms whether Perry Bolton can be paired with another Invest Atlanta program. If you qualify for PEN, compare: PEN is up to $12,500 that you repay later, while Perry Bolton's $10,000 or $20,000 is forgiven after five years.
A quick way to think about the two levels: the $20,000 amount rewards buyers who accept a home with long-term affordability restrictions, while the $10,000 amount is open to more households but on homes without those restrictions. Either way the price must stay at or under $300,000, and the five-year forgiveness clock starts at closing, so staying put matters.
How to apply
Confirm the address is in the TAD, then reach out to an Invest Atlanta participating lender. Budget for the $1,000 fee and make sure your savings stay under $25,000 at application. Our buying steps guide lays out the full order of steps, or check your eligibility.
Counties on this site where it applies: Fulton County.
Common questions about Perry Bolton Mortgage Assistance Program
How long until Perry Bolton help is forgiven?
What is the price limit?
What is the asset limit?
Liquid assets can't exceed $25,000.
See if this one could work for me
Programs people compare with this one
Our summary of the official program page as of November 2026. Money and terms change, so check the current details with the program or a participating lender. Georgia Down Payment Assistance has no connection to this program.
