Since 1966, the City of Fulton Community Development Agency has provided a broad range of programs designed to help everyone from first-time homebuyers, to owner-investors, economic developers, and those who require rental assistance.
Homeownership & Housing Counseling
These programs provide potential homeowners and existing homeowners with the tools they need to acquire or maintain their homes.
The Affordable Homeownership Program (AHP), with funds from the U.S Department of Housing & Urban Development (HUD), provides $10,000 for down payment assistance and up to $3,500 for closing costs for first time homebuyers.
The Housing Counseling Program provides guidance and education in the areas of pre-purchase, homebuyer education, delinquency/default, loss mitigation, rental housing, fair housing, as well as non-delinquent post-purchase issues. These counseling services are provided free of charge to the residents of the City of Fulton and neighboring communities.
Whether it is repairs to an owner-occupied home or owner-investor property, Fulton Community Development Agency has rehabilitation programs to help. These programs offer repair assistance for a wide range of items. For more information on repairs offered and eligibility requirements please refer to the “Programs” tab above.
Fulton Community Revitalization Corporation
This nonprofit community housing action group revitalizes neighborhoods by rehabilitating blighted properties and promoting pride in home ownership. The Reclaim & Resale program is also part of this action group. Fulton Community Development Agency purchases tax-foreclosed properties, address their rehabilitative needs, and makes them available for purchase by first-time homebuyers.
The Housing Choice Voucher Program provides monthly rental assistants to more than 400 households in the City of Fulton (including the elderly and/or disabled).
Fulton’s Empire Zone (EZ) can help qualified businesses receive tax incentives or credits to reduce tax liability. For more details about these benefits please refer to the “Programs” tab above.
Micro-Enterprise Loan Program
The program focuses on low-and moderate-income job creation through the start-up of businesses with one to five employees. Small businesses may receive loans between $2,500 and $25,000 for fixed assets, inventory and receivables, and permanent working capital.
Revolving Loan Program
In an effort to promote job creation, retention, and capital investment, low interest loans (starting at $25,000) are available to Fulton businesses for expansion and/or start-up.