|Sponsor Eligibility||AHA will evaluate the relevant previous experience and qualifications of the Owner in owning or developing multifamily real estate. The proposed Owner must demonstrate prior ownership experience in multi-family rental housing projects.|
|Types of Projects Funded||City of Atlanta, or 10 miles outside
The Project Proposal must cover at least ten units.
The rental community must meet AHA Enhanced Inspection Standards.
|Affordability Requirements||Currently, at or below 60% AMI rent levels
AHA will enter into a PBRA Agreement for an initial term of up to ten (10) years, with possible extensions for a maximum term of fifteen (15) years
|Funds Available Per Project||No more than forty percent (40%) of the units in a multifamily residential community for occupancy by eligible households will be assisted under the PBRA program.|
|Primary Contact||Shirley A. Green
The Housing Authority of the City of Atlanta
230 John Wesley Dobbs Avenue, NE, 5th Floor
Atlanta, Georgia 30303-2421
|Link||Click for more information.|