Housing trust fund

The Department of Housing and Urban Development's Assistant Secretary for Community Planning and Development awarded the Georgia Department of Community Affairs $4,805,897.84 under the Housing Trust Fund program (CFDA 14.275) on September 18, 2025, with a period of performance through September 18, 2032.

The Housing Trust Fund award supports the production, preservation, and rehabilitation of rental housing for extremely low-income households in Georgia. The recipient must allocate at least 80 percent of funding toward rental housing production and preservation. Work is performed in Atlanta, Georgia.

The Housing Trust Fund program distributes funds to states by formula to expand and preserve affordable housing stock, particularly rental housing, for extremely low-income and very low-income households. Recipients must commit all funds to projects within twenty-four months and expend them within five years. The Georgia Department of Community Affairs is required to submit an HTF allocation plan by August 16, 2026, as part of its annual action plan and consolidate plan, with submissions subject to review under 24 CFR 91. The recipient must maintain records documenting program compliance for the most recent five-year period, with records supporting the period of affordability maintained for five years beyond the required affordability period.