Politics & Government
Roswell Could Accept Money for Affordable Housing
The city will consider accepting $93,871 in HOME Investment grants that would be used to develop affordable housing in Roswell.
The Roswell City Council during its meeting tonight is set approve accepting a grant that would allow the city to increase its stock of affordable housing to qualified residents.
The meeting will start at 7 p.m. at Roswell City Hall.
The city is considering accepting the project year 2014 HOME Investment Partnership Program Grant in the amount of $93,871. The program would required the city to match $19,947.25.
Fifteen percent of the grant has to be spent by a certified Community Housing Development Organization, which would building the housing and act as the developer, owner and/or sponsor.
Council members will also consider a resolution in support of applying to the Georgia Department of Community Affairs for 2014 low-income housing tax credits that would be used towards the redevelopment of the Roswell Housing Authority's Veranda at Groveway project.
See the attached .PDF to review what else is on tonight's agenda.
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