Housing Authority
of Fulton County officials will conduct a news conference Monday, to
announce $100 million in bond financing for developers to build homes
throughout Fulton County.
Hundreds
of construction industry executives have been invited to the Four Seasons
Hotel, 75 Fourteenth St., Atlanta, from 11:30 a.m. to 1 p.m. They will
hear details of the "Welcome Home Program," which will provide
mixed-income single-family housing for everyone from working families
to young professionals, and serve as a tool to revitalize neighborhoods.
The first
of its kind by a housing authority in metro Atlanta, the program is
the latest in the HAFC's ongoing effort to form public-private partnerships
and expand housing opportunities in the county.
Developers
can use the funds to build market-rate homes on targeted sites or to
create subdivisions. The bonds will be made available through a new
HAFC subsidiary, Legacy Community Partnership.