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Atlanta, GA ~ In a recent announcement, Governor Brian P. Kemp revealed the third round of grant recipients from the Rural Workforce Housing Initiative in Atlanta, GA. This round of grants, totaling over $6.3 million, will support the development of 123 housing units across three different communities.
Governor Kemp expressed his satisfaction with the response to the program and stated that these grants will further strengthen communities experiencing significant economic growth. He also highlighted the inclusion of $50 million for this program in the amended budget signed earlier this year, which will continue to be included in future budgets. The Governor thanked members of the General Assembly for their support and emphasized their efforts to make Georgia the best state to live, work, and raise a family in.
To be eligible for these grants from the OneGeorgia Authority, award recipients had to meet certain requirements and demonstrate strong collaboration between affected communities and real estate developers.
The Rural Workforce Housing Initiative was first announced in Governor Kemp's 2023 State of the State Address and aims to address the critical need for workforce housing in communities across Georgia. The Georgia General Assembly approved $35.7 million for this initiative in the Amended Fiscal Year 2023 budget signed into law in March 2023, with an additional $50 million approved in this year's Amended Fiscal Year 2024 budget.
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Department of Community Affairs Commissioner Christopher Nunn stated that with economic growth happening all over the state, there is a growing demand for workforce housing. He also expressed his pleasure at supporting local communities that are actively pursuing strategies to increase access to affordable housing for workers.
In addition to meeting OneGeorgia Authority requirements, applicants were also required to leverage other funding sources as a demonstration of their commitment to increasing access to affordable housing. All funds must be used within two years from the date of award and are subject to applicable state laws and regulations as well as policies and requirements set by OneGeorgia Authority and Department of Community Affairs.
The City of Louisville is set to receive an infrastructure grant of $2,210,000 for the construction of necessary water, sewer, street, and drainage improvements for the 18-acre Chestnut Subdivision. This will enable the construction of 46 new homes and townhomes in two phases, with local development partner Molly's Food and Fuel, Louisville, LLC leading both phases. The City of Louisville is also contributing to the total project cost.
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The City of Lyons will be awarded $1,633,672 for necessary water, sewer, street, and drainage improvements for the Parker Place Subdivision. The local development partner Stockyard Properties, LLC will construct 27 homes across the 14.5-acre subdivision. The City of Lyons is also contributing to the total project cost of $1,732,672.
Lastly, the City of Savannah will receive $2,500,000 to construct necessary sewer infrastructure improvements for the 66-acre Legacy Development. This will support the construction of 30 new single-family homes and 20 townhomes by P3JVG. Both the City of Savannah and the development partner are contributing to the total infrastructure cost of $3,160,129.
These grants demonstrate meaningful progress in addressing workforce housing needs in these three communities and highlight the overall benefits of this program. With continued support from state government and collaboration between communities and developers, it is hoped that this initiative will continue to make a positive impact on workforce housing in Georgia.
Governor Kemp expressed his satisfaction with the response to the program and stated that these grants will further strengthen communities experiencing significant economic growth. He also highlighted the inclusion of $50 million for this program in the amended budget signed earlier this year, which will continue to be included in future budgets. The Governor thanked members of the General Assembly for their support and emphasized their efforts to make Georgia the best state to live, work, and raise a family in.
To be eligible for these grants from the OneGeorgia Authority, award recipients had to meet certain requirements and demonstrate strong collaboration between affected communities and real estate developers.
The Rural Workforce Housing Initiative was first announced in Governor Kemp's 2023 State of the State Address and aims to address the critical need for workforce housing in communities across Georgia. The Georgia General Assembly approved $35.7 million for this initiative in the Amended Fiscal Year 2023 budget signed into law in March 2023, with an additional $50 million approved in this year's Amended Fiscal Year 2024 budget.
More on Georgia Chron
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Department of Community Affairs Commissioner Christopher Nunn stated that with economic growth happening all over the state, there is a growing demand for workforce housing. He also expressed his pleasure at supporting local communities that are actively pursuing strategies to increase access to affordable housing for workers.
In addition to meeting OneGeorgia Authority requirements, applicants were also required to leverage other funding sources as a demonstration of their commitment to increasing access to affordable housing. All funds must be used within two years from the date of award and are subject to applicable state laws and regulations as well as policies and requirements set by OneGeorgia Authority and Department of Community Affairs.
The City of Louisville is set to receive an infrastructure grant of $2,210,000 for the construction of necessary water, sewer, street, and drainage improvements for the 18-acre Chestnut Subdivision. This will enable the construction of 46 new homes and townhomes in two phases, with local development partner Molly's Food and Fuel, Louisville, LLC leading both phases. The City of Louisville is also contributing to the total project cost.
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The City of Lyons will be awarded $1,633,672 for necessary water, sewer, street, and drainage improvements for the Parker Place Subdivision. The local development partner Stockyard Properties, LLC will construct 27 homes across the 14.5-acre subdivision. The City of Lyons is also contributing to the total project cost of $1,732,672.
Lastly, the City of Savannah will receive $2,500,000 to construct necessary sewer infrastructure improvements for the 66-acre Legacy Development. This will support the construction of 30 new single-family homes and 20 townhomes by P3JVG. Both the City of Savannah and the development partner are contributing to the total infrastructure cost of $3,160,129.
These grants demonstrate meaningful progress in addressing workforce housing needs in these three communities and highlight the overall benefits of this program. With continued support from state government and collaboration between communities and developers, it is hoped that this initiative will continue to make a positive impact on workforce housing in Georgia.
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