Lauren Williams liked her sister’s condo in Atlanta’s Old Fourth Ward neighborhood so much that she decided to buy a condo in the same building. She even used sister Lindsey’s experience with a down payment assistance program to attain financing.
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At a Glance
Lauren Williams’ condo, built in 1980 in Atlanta’s City Heights complex, has one bedroom, one bath and about 800 square feet. She purchased it in 2012, assisted by Kathryn Flowers with Chapman Hall Realtors. Condos in City Heights are listed from $57,000-$99,000.
Neighborhood LIFT is a partnership between NeighborWorks America, whose local partners include Invest Atlanta (the city’s economic development authority), Resources for Residents and Communities, and Wells Fargo. The program offers up to $15,000 for down payment and/or closing costs or for renovation, for an existing or new home in the city of Atlanta. The program has created more than 150 new homeowners in the city, and $3 million is still available. A $1,000 program fee is required.