Atlanta Housing, the city’s housing authority, has announced a new initiative providing up to $60,000 in down payment assistance for eligible participants in its Housing Choice Voucher Program (HCVP), more than doubling the previous maximum of $25,000.
According to a press release, the expanded investment was announced at the 2026 State of Atlanta Housing event on Wednesday, along with a new partnership with Pretium. Through the partnership, eligible families can pursue the purchase of single-family homes sold by Pretium while also receiving tailored education and financial guidance to navigate the process with confidence.
“Atlanta Housing remains focused on our vision to use housing as a foundation to lift families to economic freedom,” Terri M. Lee, President and CEO of Atlanta Housing, said in a statement. “This new partnership reflects the kind of public-private collaboration we believe is essential to close the gap between housing stability and economic opportunity. We are grateful for Pretium’s willingness to partner with Atlanta Housing to help remove barriers to homeownership for our families.”
“Our new $60,000 down payment assistance program is about turning readiness into reality. These families are stable, working, and ready for the next step. Today, we are making our most significant investment in down payment assistance yet. As we help one family move forward, we also free up space for another,” Lee added.
Pretium will offer single-family homes within the city priced at or below $375,000 for participating families and provide a seller subsidy of up to $10,000 per transaction based on lease tenure. The company will also fund and complete, with its affiliate Progress Residential, up to $15,000 in property renovations for each home, as needed, and offer one year of post-purchase repair, maintenance and homeowner-stability support to help ensure long-term success.
The pilot builds on Atlanta Housing’s existing homeownership program, which has provided up to $25,000 in down payment assistance and other supports to help families pursue ownership, the release said.
When a participating HCVP family transitions to homeownership through the pilot, Pretium will coordinate with Atlanta Housing to make the vacated home, or an alternative home, available for another eligible voucher holder creating a cycle of opportunity that expands access across the system.
To further strengthen outcomes, an Atlanta-based mortgage partner will deliver HUD-approved homebuyer education and individualized mortgage-readiness assessments to prepare families for homeownership. The lender will also assist buyers in identifying supplemental down-payment or closing-cost resources to maximize purchasing power and long-term success.
