| 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 Acquisition Analyst The Housing Authority of the City of Atlanta 230 John Wesley Dobbs Avenue, NE, 5th Floor Atlanta, Georgia 30303-2421 [email protected] |
| Link | Click for more information. |
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