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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.
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Atlanta high school students graduating with a B or better, can go to a Georgia college virtually for FREE on the HOPE Scholarship. More than 55% of Georgia's high school grads qualified in 2002.
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