Affordable Multifamily Rental

The Affordable Rental Multifamily Program will facilitate the creation of quality, affordable housing units to help build resiliency and alleviate the rental stock shortage caused by the 2017 disasters. DCA issued a Request for Proposals (RFP) in May 2019.

DCA awarded 9% Housing Tax Credits (“LIHTCs”) and CDBG-DR funds to 4 developments. The 9% Low income Housing Tax Credits (LIHTCs) for the 4 developments total $3.4 million, and the CDBG-DR funds for the 4 development total $13.5 million. The following list of developments were awarded.

Awarded Developments

Arbours at Kingsland

• Near 821 South Grove Blvd
  Kingsland, GA 31548
• 84 Low Income Units - New Construction
• CDBG-DR Award: $3,675,000
• 9% Tax Credit Award: $900,000

Perry Place

• Near 2435 Martin Luther King Jr. Blvd
  Brunswick, GA 31520
• 56 Low Income Units - New Construction
• CDBG-DR Award: $2,000,000
• 9% Tax Credit Award: $850,000

Grove Park Apartments

• Near 301 Gross Rd.
  Kingsland, GA 31548
• 80 Low Income Units - New Construction
• CDBG-DR Award: $4,170,000
• 9% Tax Credit Award: $694,500

Havenwood Springs

• 525 Don Cutler Sr. Dr.
  Albany, GA 31705
• 120 Low Income Units – Substantial Rehabilitation
• 2 Common Space Units - New Construction
• CDBG-DR Award: $3,625,664
• 9% Tax Credit Award: $1,000,000