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Providing homeownership services to underserved households through education, down payment and closing cost assistance, revitalization and development and collaboration efforts.



Online Home Buyer Education Certificate

​Family Community Housing Association, Inc. is a 501(c)3 not-for-profit private organization supporting online homebuyer education nationwide. It is our mission to provide quality and convenient home buyer's education and counseling to low-to moderate income families across America.


​FCHA – Property Donation/ Bargain Sale Exchange

A bargain sale is a unique planning opportunity for the owner of real property to receive cash and obtain a charitable contribution, while reducing the tax burden and performing a public service. This charitable planning technique is often overlooked and definitely underused, and has many applications.

What is a bargain sale? A bargain sale is a sale of property to charity/government at less than its fair market value, with a result that is in part a sale of the property and in part a charitable contribution. In short, there are several types of bargain sales, the most common of which is when a donor makes an actual sale of property to charity/government in exchange for cash or an installment note. Bargain sales can also arise when a donor/seller transfers property in exchange for like-kind property of lesser value, or when a donor/seller transfers property subject to indebtedness.

The gift portion of a bargain sale qualifies for the income tax charitable deduction. The deduction equals the difference between the fair market value and the reduced price. The income tax charitable deduction may be taken in the year of the gift, even if the donor receives installment payments for the sale portion. To determine if there is a taxable gain on the sale, the donor’s cost basis is allocated for tax purposes between the sale portion and the gift portion of the transaction. The income tax on the sale portion can be spread by receiving payment in installments on the sale of property

Residential & Commercial Real Estate can be donated or through a bargain sale transaction.
​203K FHA Loan Assistance
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If you want to buy a home that needs repair- or refinance needed repairs to your current home, the FHA 203k loan program may be a good option for you. 

This program allows you to finance the purchase of a house- or refinance your current mortgage, and include the cost of the repairs through a single mortgage.

The 203k loan covers a range of home improvements such as;

Remodeling bathrooms/kitchens 
Roof replacement, gutters/downspouts 
Replacing flooring, tiling, or carpet 
Adding a family room, bedrooms or bathrooms 
Upgrading plumbing, HVAC, etc.

For more information about the 203k loan call 770-787-4436

​FCHA Home Purchase Program

​​Anyone who would like to become a homeowner and don't know where to start can contact FCHA directly or fill out our contact form. FCHA can assist home buyers with the entire process of home buying from start to finish.
We are offering home buyers affordable options to quality mortgages and programs. For assistance call 770-787-4436.
​CHIP Rehabilitation Program

​​Home owners that are 62 years and older that live within the city of Covington Redevelopment area may qualify for up to $40,000 in owner-occupied housing rehabilitation.

To Qualify; Homeowners household income must be at or below 50% Area Median Income (AMI) Retention Period is required between 5-10 years.