WORTH Grant

WORTH Grant

Status: ACTIVE
Funder: Community Foundation for Greater Atlanta
Last Updated: December 01, 2025

Summary

The WORTH Grant by the Community Foundation for Greater Atlanta aims to create and preserve 6,000 homeowners of color in five core counties. This initiative addresses systemic barriers to homeownership and strives to increase access for low-to-moderate income families. With a focus on racial equity, it fosters community partnerships to develop tailored solutions that ensure sustainable homeownership, ultimately working to bridge the racial wealth gap in Metro Atlanta. Together, we can build a stronger, more equitable Atlanta.

Overview

Overview Supporting your vital work for the community we share. Building a stronger Atlanta will take all of us, working together. We partner with community stakeholders, donors and nonprofits to create solutions that help Atlanta thrive. TogetherATL supports equity strategies, with a focus on racial equity, to build a stronger, healthier region. Through community-informed grantmaking that emphasizes places and systems, we are working to secure prosperity for all who call Atlanta home. Places: We recognize that every community is different; therefore, our strategy must be unique for each community, developed in partnership with residents to meet their needs. This effort involves listening to community voices and supporting people who live in specific places.Systems: In order to affect long-lasting change, we acknowledge the need to dismantle systems, policies and practices that have allowed exclusion and racism. WORTH Grant In an unprecedented partnership of business, civic, nonprofit and philanthropic organizations, the Community Foundation for Greater Atlanta amassed a coalition of support to create and preserve 6,000 homeowners of color in the five core counties: Clayton, Cobb, Dekalb, Fulton and Gwinnett. The Collaborative leverages a wide variety of strategies to address two main goals: to increase access to homeownership for households that have been disproportionately impacted by systemic barriers to homeownership, and to increase the supply of homes available for purchase for low-to-moderate income homebuyers. Homeownership has historically served as a primary mechanism to achieve generational wealth, and these goals will help address the significant racial wealth gap that persists to this day in Metro Atlanta. The Community Foundation, working closely with the City of Atlanta and dozens of nonprofits that support the region’s housing sector, has sought solutions for expanded homeownership for many years, leading to this coalition of support and funding. WORTH Atlanta Homeownership Collaborative Strategies: Increase unit production through integrative ecosystem of local builders, nonprofit developers, and large market producers. Expand capital resources for homeownership production and leverage the philanthropic community in parallel paths to maximize impact. Coordinate industry resources to streamline the homebuying process through the Homeownership Urban Blueprint (HUB), a one-stop shop for first-time homebuyers. Support greater participation in the real estate industry by encouraging a representation of people most impacted. Preserve homeownership for older adults and communities that have been disproportionately impacted by housing instability.

Eligibility

You can learn more about this opportunity by visiting the funder's website. Nonprofit housing developers and builders are invited to apply for grant funding to support predevelopment activities and "shovel-ready" housing developments in the five core counties: Clayton, Cobb, DeKalb, Fulton and Gwinnett.Applications will be accepted on a rolling basis.Qualified nonprofit housing developers can apply for:Up to $5,500 per unit below 80% AMIUp to $3,500 per unit between 80% - 150% AMIAccess to flexible capital is critical for any housing development, particularly during its pre-development phase to ensure project feasibility. WORTH predevelopment grant funding can cover eligible expenses like appraisal fees, architectural, design, and engineering fees, environmental assessment, legal/insurance fees, marketing studies, title and survey, consultant fees, and marketing expenses.Housing projects are "shovel-ready" when financing is in place, construction is near completion and breaking ground in the coming months. To verify that your project meets this requirement, we ask for documentation demonstrating that your project is "shovel-ready”. These documents include a land disturbance permit, building permit, or construction loan closing documents.