Developer Receives $1.5 Million Dollar Tax Credit To Build Affordable Housing In Norcross
Nov 30, 2022 ·
49m 24s
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https://www.GoodMorningGwinnett.com Two affordable rental housing projects in Norcross are getting state tax credits to spur their development. City officials announced the projects, which are being developed by Walton Communities and...
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https://www.GoodMorningGwinnett.com
Two affordable rental housing projects in Norcross are getting state tax credits to spur their development.
City officials announced the projects, which are being developed by Walton Communities and Blue Ridge Atlantic Development, are among 28 projects around the state that will receive $27.98 million in 9% Housing Tax Credits from the the Georgia Department of Community Affairs to build or preserve 28 affordable rental housing developments.
Walton Communities and Blue Ridge Atlantic Development each received $1.15 million in tax credits.
“The City of Norcross is so excited for the opportunity to provide additional affordable housing to our local community," Norcross Mayor Craig Newton said in a statement. "We take pride in providing the support, resources and access so everyone has a place to call home.”
SOURCE: www.GwinnettDailyPost.com Curt Yeomans
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Two affordable rental housing projects in Norcross are getting state tax credits to spur their development.
City officials announced the projects, which are being developed by Walton Communities and Blue Ridge Atlantic Development, are among 28 projects around the state that will receive $27.98 million in 9% Housing Tax Credits from the the Georgia Department of Community Affairs to build or preserve 28 affordable rental housing developments.
Walton Communities and Blue Ridge Atlantic Development each received $1.15 million in tax credits.
“The City of Norcross is so excited for the opportunity to provide additional affordable housing to our local community," Norcross Mayor Craig Newton said in a statement. "We take pride in providing the support, resources and access so everyone has a place to call home.”
SOURCE: www.GwinnettDailyPost.com Curt Yeomans
___________________________________________
To Support This Show Visit or Purchase From My Partners Below
https://www.PillowEnvy.co
http://www.fiverr.com/s2/4af8dc5344
https://amzn.to/3AAmujf
https://www.youtube.com/@TalkBusinessWithAudrey/featured?sub_confirmation=1
https://www.youtube.com/watch?v=hNTx9bRpHss?sub_confirmation=1
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