The Georgia Department of Community Affairs (DCA) granted the Community Development Financial Institutions (CDFI) Coalition Revolving Fund $8 million in Tax Credit Assistance Payment (TCAP) funds to support the acquisition, construction and/or rehabilitation of multi-family affordable housing across the state. On Jan. 31, DCA staff, partners and supporters gathered to commemorate this occasion and celebrate the closing of the first loan: $2 million in construction financing for Ashbury Apartments in Valdosta. Read more here.
