Fairburn Commons,
a unique new subdivision, was officially opened by Georgia Gov. Roy Barnes
last week.
Just a block
south of Fairburn City Hall, it is a development featuring the EarthCraft
homes, which are built with all of the latest energy-saving techniques
known today. Among benefits to the home buyer are the prevention of bugs,
mold and pollutants and the savings in energy, time and money.
The average
1,800-sq. ft. EarthCraft home will cost an average of only 75 cents a
day to both heat and cool. Though the homes can cost as much as 3 percent
more to build, the savings is soon realized.
Barnes announced
that the Georgia Department of Community Affairs has begun a demonstration
program to offer special down payment assistance loans to first time home
buyers purchasing the EarthCraft houses.
He said DCA
has set aside special financing for buyers in Fairburn Commons, a subdivision
home buyers purchase the energy-efficient homes.
We can be proud,
Barnes said, that Georgia is already ahead of many states with regard
to home ownership. While close to 67 percent of Americans own a home,
in Georgia that number reaches 70 percent, he said.
Because DCA
has teamed up with EarthCraft and can offer down payment loans of up to
$7,500, qualified first-time buyers can use this loan for a down payment,
closing costs, prepaid expenses or principal reduction.
This program
is good for the economy, but more importantly it will help more Georgians
realize their dream of owning a home, which in turn, will strengthen our
communities, Barnes said.
Taking part
in the program was DCA Commissioner Jim Higdon, Fairburn Mayor Betty Hannah,
Jeff Rader, director and vice president, Greater Atlanta Home Builders
Association, and Dennis Creech, executive director, Southface Energy Institute.
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