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Pulse of Progress
AFFORDABLE WORKFORCE HOUSING
Bond Financing & Loan Programs
» Multifamily Residential Bonds
The Housing Finance Division (aka URFA) is the housing development arm of the Atlanta Development Authority, focusing on creating affordable housing and promoting neighborhood revitalization in the City of Atlanta. This is accomplished, in part, through the issuance of tax-exempt, taxable, 501(c)3 and essential function bonds by the Urban Residential Finance Authority (URFA) for new construction or rehabilitation of multifamily housing units. URFA is empowered to issue tax exempt bonds to make below market interest rate mortgage loans to developers for rental housing, provided certain requirements are met to ensure that the rental units benefit low and moderate income renters.

  
The 2007 URFA Bond Application

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