GA HOME SAFE – New Program

Important HomeSafe Georgia News

On September 28th the Georgia Department of Community Affairs announced the launch of Underwater Georgia, a new HomeSafe initiative specifically targeted to the approximately 150,000 Georgians who owe more than their homes are worth. Homeowners approved through Underwater Georgia can receive a one-time payment of up to $50,000 to reduce the principal balance on their home. In addition to providing information about Underwater Georgia – without doubt the most significant and potentially impactful HomeSafe program modification to date – this document also chronicles other important activity associated with HomeSafe that has occurred since the January 2016 publication of HomeSafe Georgia – Making the Most of a Valuable Resource, which documented and analyzed HomeSafe’s application intake, approval and disbursement history and made recommendations for program modification and expansion.

[1] Information in this section from DCA Memo: New Mortgage Assistance program to Launch September 28th, and Underwater Georgia Mortgage Principal Reduction Aid Communications Toolkit, September 22, 2106.
[2] See Office of the Special Inspector General for the Troubled Asset Relief Program,, September 12, 2016.
[3] See Atlanta Journal Constitution,, by Tamar Hallerman, September 13, 2016.
[4] See (HousingWire, Treasury Boosting Hardest Hit Funds by $2 billion, Ben Lane, February 19, 2016) and See (US Treasury, Treasury Announces Allocation of Final $1 Billion Among Hardest Hit Fund States, April 20, 2016).

William H. McFarland
Relationship Manager, Georgia ACT
Project Director, Housing Georgia
404 – 586 -0740 (office)
404-790-6607 (cell)

Georgia Counselors and others

See the below, this is not our first time hearing this call to organize!

We all can recognize that federal funding will not be the growth engine
of housing counseling going forward. A number of states and localities have developed
valuable models for collaboration where housing counseling groups collaborate to develop joint programs, training, and funding sources.
NHRC is launching a series of discussions aimed at encouraging and supporting local collaborative efforts.

Our first will be on Tuesday, October 4 at 4:00 pm ET, 1:00 pm PT. We will feature the experiences and lessons learned from the New York State collaborative efforts, which have leveraged powerful relationships with the state attorney general, legal assistance groups, housing advocates, and others to generate valuable funding, programs, and training for housing counselors throughout the state. We will have discussions with representatives from HomeSmartNY, Empire Justice Center, Center for New York City Neighborhoods and others on how to make collaboration work.

Please register and join us for this important, beginning discussion:

Also, please feel free to share this invitation with others who you feel will be interested in local collaboration. We are trying to build a list of counselors who are interested in helping build more collaborative efforts.


Bruce Dorpalen
National Housing Resource Center
846 N. Broad St.
Philadelphia, PA 19130
215 765-0048