23-0330
Request approval of a commitment letter to provide $2,100,000.00 to support the development of a 102-unit affordable apartment complex by the Roswell Housing Authority (RHA); and authorize the Chairman to execute the commitment letter. The financing commitment is expressly conditioned on RHA receiving the award of low-income housing tax credits from the Georgia Department of Community Affairs. The funding is 100% grant funded. (APPROVED UPON ADOPTION OF THE CONSENT AGENDA)
- Committee
- Board of Commissioners
- Requested by
- Community Development
- Introduced
- May 8, 2023
- On agenda
- May 17, 2023