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$50,000 Will Be Given to Homeowners in Georgia, Are You Qualified?

Free Money
$50,000 in free money will be given to eligible residents in Georgia. (Photo: CNET)

Lucky homeowners in Georgia will receive an amount of $50,000 from a $354 million pot to help them secure permanent housing solutions.

Free money

$50,000 in free money will be given to eligible residents in Georgia. (Photo: CNET)

$50,000 in Free Money in Georgia

Permanent housing is still one of the problems in the country that millions of Americans face today. This has significantly grown during the time of the pandemic when millions lost their jobs and could no longer afford to pay their housing units.

In a published article in The U.S. Sun, the state of Georgia is giving $50,000 in free money to qualified residents in the state to buy their own housing units as long as they meet the qualifications and criteria. This is after the pilot program of the Homeowner Assistance Fund (HAF) in 2022.

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How To Become Eligible?

Here are some important matters to consider to get the free money:

  • Homeowners can get money if they prove that they endured significant or total loss of income from the coronavirus pandemic.
  • Successful applicants must prove they have an income level no greater than the area median income (AMI).
  • Once applicants prove their lower wages, they must also show higher financial obligations.
  • The program is only for Georgia residents.
  • Applicants must have a Georgia driver’s license, a copy of their most recent tax return, verification of homeownership, and legal proof of their hardship.

Furthermore, state officials wrote on its website stating,”HAF is a pandemic-related program, meaning the homeowner must have suffered a significant financial hardship after January 21, 2020, caused by the pandemic.”

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