city OF ATLANTA, Dept. of Housing and Community Development Awards Facilities Contract to Preservation of Affordable Housing Inc (July 2025)
city OF ATLANTA, Dept. of Housing and Community DevelopmentLocal Housing Authority · Atlanta, GA- Disclosed value
- An Atlanta Housing Infrastructure Grant not to exceed $3,103,675; an AH Permanent Subordinate Loan not to exceed $1,537,441
- From minutes
- Approved
- Jul 16, 2025
The 30-second brief
The Board authorized Atlanta Housing to negotiate a Master Development Agreement with Preservation of Affordable Housing Inc. as part of a joint venture to redevelop the Johnson Road site. The agreement will include a 65-year ground lease, AH financial participation, and shared developer fees and ownership.
Preservation of Affordable Housing Inc holds this facilities contract with city OF ATLANTA, Dept. of Housing and Community Development. Its other public contracts on record include work for Town of Orleans and Ohio Housing Finance Agency.
Term as filed: 65-year ground lease; subordinate loan term not to exceed 40 years; MDA business/legal terms to be finalized within 75 days of award.
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Contract details
- Contract type
- Facilities
- Amount
- An Atlanta Housing Infrastructure Grant not to exceed $3,103,675; an AH Permanent Subordinate Loan not to exceed $1,537,441
- Document date
- July 16, 2025
- Term
- 65-year ground lease; subordinate loan term not to exceed 40 years; MDA business/legal terms to be finalized within 75 days of award
- Source document
- The Housing Authority of the City of Atlanta Minutes Real Estate Committee Meeting 2025-07-16 (Minutes)
Preservation of Affordable Housing Inc's other public contracts
More city OF ATLANTA, Dept. of Housing and Community Development contracts
Questions about this contract
Who was awarded the facilities contract by city OF ATLANTA, Dept. of Housing and Community Development?
Preservation of Affordable Housing Inc was awarded this facilities contract by city OF ATLANTA, Dept. of Housing and Community Development, as recorded on July 16, 2025. The contract value is An Atlanta Housing Infrastructure Grant not to exceed $3,103,675; an AH Permanent Subordinate Loan not to exceed $1,537,441.
How much is the Preservation of Affordable Housing Inc contract with city OF ATLANTA, Dept. of Housing and Community Development worth?
The Preservation of Affordable Housing Inc contract with city OF ATLANTA, Dept. of Housing and Community Development is valued at An Atlanta Housing Infrastructure Grant not to exceed $3,103,675; an AH Permanent Subordinate Loan not to exceed $1,537,441, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.
Where was this contract approved?
This contract appears in The Housing Authority of the City of Atlanta Minutes Real Estate Committee Meeting 2025-07-16 (Minutes), dated July 16, 2025 from city OF ATLANTA, Dept. of Housing and Community Development. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Preservation of Affordable Housing Inc hold?
Preservation of Affordable Housing Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is city OF ATLANTA, Dept. of Housing and Community Development currently buying?
Explore city OF ATLANTA, Dept. of Housing and Community Development's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.