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Certification will allow the organization to provide FHA mortgages at 100 percent loan to value

NASHVILLE, Tenn. (March 15, 2022)— Affordable Housing Resources, Inc. (AHR) received the Instrumentality of Government (IOG) certification from the U.S. Department of Housing and Urban Development (HUD). This designation will allow AHR to provide downpayment loans up to 100 percent loan to value for first-time homebuyers.

“This certification expands AHR’s ability to provide downpayment loans with FHA mortgages that make buying a home more accessible to low-to-moderate-income families,” said Eddie Latimer, president and CEO of AHR. “Many who work in Nashville can’t afford to live in Nashville, let alone buy a house. Being certified as an IOG allows AHR to fully meet the needs of people looking for assistance to buy their first home and allows first-time homebuyers to forgo saving for decades for a downpayment.”

Receiving the IOG certification will allow a borrower using an FHA mortgage to get 100 percent of the funding they need to close the loan. They no longer have to pay the three percent out of pocket, as paying three percent has become challenging in our high-cost market.

AHR is one of a few organizations in the state with IOG certification. This certification will assist AHR in creating more first-time homeowners and creating strong neighborhoods for the workforce across Middle Tennessee.

For more info or to begin your homeownership journey, call (615) 251-0025, ext. 229.


AHR is a 30-year-old housing nonprofit focused on creating affordable homeownership and stronger neighborhoods through public and private partnerships. AHR offers financial resources, tools and training opportunities such as homebuyer education courses, financial and credit counseling and a mortgage lending product with down payment assistance for those who may not meet traditional guidelines. AHR also secures the construction of new, affordable homes across Nashville. AHR is a chartered member of NeighborWorks®, a pioneer member of Home Matters and a certified Community Development Financial Institution (CDFI) as designated by the U.S. Department of the Treasury. Learn more at or (615) 251-0025


Media Contact:
Katie Miller, 864-979-6699

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