Atlanta, GA. (August 15, 2025) – The Georgia Department of Community Affairs (DCA) expanded its Homeowner Assistance Fund to include a new refinancing option through the Georgia Mortgage Assistance (GMA) Refinance Loan program.

Designed to reach more homeowners still struggling with mortgage payments due to financial hardships caused by the COVID-19 pandemic, the GMA Refinance Loan program provides a new opportunity for relief.

“We’re looking to assist homeowners who have been unable to find a more affordable mortgage solution with their current mortgage or servicing company,” said Wesley Brooks, Deputy Commissioner for Homeownership at DCA. “The new GMA Refinance Loan program will help fill that gap and assist more of our fellow Georgians who need help to remain in their homes.”

The new GMA Refinance Loan program offers the following:

  1. A 3 percent interest rate
  2. Loan terms up to 40 years
  3. Covered attorney fees
  4. Covered housing counseling services
  5. Covered loan origination fees

This is a time-limited opportunity, and homeowners should apply soon while funds last.  Under federal law, Georgia’s Homeownership Assistance Fund will expire when funds are exhausted or by September 2026, whichever occurs first.  Homeowners are encouraged to learn about eligibility requirements and other Georgia Mortgage Assistance programs by visiting www.georgiamortgageassistance.ga.gov.

____________________________________________________________________________________________________

About the Department of Community Affairs 

The Georgia Department of Community Affairs (DCA) partners with communities to build strong and vibrant neighborhoods, commercial and industrial areas through community and economic development, local government assistance, and safe and affordable housing. Using state and federal resources, DCA helps communities spur private job creation, implement planning, develop downtowns, generate affordable housing solutions, and promote volunteerism. DCA also helps qualified Georgians with low and moderate incomes buy homes, rental housing and prevent foreclosure and homelessness. For more information, visit dca.georgia.gov. 

 

About the Homeowner Assistance Fund

The Homeowner Assistance Fund (HAF) program provides funding to assist eligible homeowners who have been financially impacted by the COVID-19 pandemic to pay their mortgage and other qualified expenses related to mortgages and housing. Learn more at www.dca.georgia.gov.