Gwinnett County will distribute up to $18 million to support and expand affordable housing development across the county.
The distribution is a part of the county’s Affordable Housing Development Fund, which offers funding to support the development of affordable housing for households earning 65 percent or less of Area Median Income. The fund aims to address the impacts the COVID-19 pandemic had on housing.
Eligible projects to receive the funds include land/building acquisition, new construction, rehabilitation of one or more existing buildings, preservation of existing affordable housing units, and adaptive reuse of one or more nonresidential buildings, according to a press release from the county.
“Housing is a human right, and everyone deserves a safe, stable, and affordable place to live,” Gwinnett County Chairwoman Nicole Love Hendrickson, said. “I’m proud of the work we’ve done using federal funding since 2020 to keep people stably housed during the pandemic, and I’m grateful for this opportunity to use these dollars to further address the impact of the COVID-19 pandemic and support the growth of our local economy.”
The $18 million funding was provided by the federal American Rescue Plan Act, State and Local Fiscal Recovery Funds, HOME Investment Partnerships Program, and the Emergency Rental Assistance Program.
“This funding represents an important step forward in addressing the challenges of housing affordability in Gwinnett County,” Gwinnett Housing and Community Development Division Director Matthew Elder, said. “We are excited to be able to offer this opportunity and anticipate receiving impactful project proposals.”
Applicants who qualify for the Affordable Housing Development Fund will be able to submit required documents by mail or in person to the Housing and Community Development office, located at 446 W. Crogan St., Suite 420 in Lawrenceville. Applications must be received by 4 p.m. on Monday, Oct. 30.
Funding decisions for the Affordable Housing Development Fund are anticipated by the end of the year.
To learn more, visit GwinnettCounty.com/HousingDevelopmentFund.
