The Housing Authority, pursuant to State and Federal law, can issue tax exempt and taxable bonds to finance both single-family and multi-family housing. This program provides financing that requires a percentage of the development to be affordable to individuals or families at income levels below DeKalb County's median.
Not only does this program provide for a component of any housing produced (or rehabilitated) to be affordable, but it helps the County's economic development efforts by insuring a supply of housing for workers in new industries attracted to the County.
The multi-family program encourages major rehabilitation of existing apartment complexes in order to preserve already existing housing and to help revitalize communities. Additionally, the Authority requires a development to meet many requirements, including the provision of services to residents and their children.
To download the HADC Bond Application, click here.