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Housing Tax Credits
Program Description
The Housing Tax Credit Program allocates federal and state
tax credits to owners of qualified rental properties who
reserve all or a portion of their units for occupancy by
low income tenants.
Georgia’s Department of Community Affairs (DCA) process for allocating funds through the
Office of Affordable Housing (OAH) is
outlined in the Qualified Allocation Plan. This
document describes (1) the federal and state resources
available for financing rental housing through the plan, (2)
the legislative requirements for distributing these
resources, (3) the State's preference for the location and
type of such housing, (4) the process used for evaluating
applications and awarding these resources, and (5) program
compliance requirements and procedures.
DCA offers an application process to access
funds available through the HOME Rental Housing Loan and
Housing Tax Credit programs. The competitive application
process for these funds occurs in the spring of each year. DCA offers only one annual application cycle for these
funds.
For more information, contact the
Georgia Department of Community Affairs (DCA).
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