Jack R. Wells (Pauldoe) will come down and a new, larger housing complex will go up.
Tuesday, December 11, 2012
The Athens Housing Authority has received $8.6 million in tax credits from the Georgia Department of Community Affairs. The credits, which will be sold to investors to cover construction costs, will cover the costs of the first phase of a massive housing re-development right off Hawthorne Avenue. Administered by the Athens Housing Authority, Jack R. Wells (known also as Pauldoe) is a 125-unit housing complex for lower-income residents. In its place will be constructed not only public housing units, but also affordable units for low to middle income families and units at market rates. There will also be a mid-rise assisted living facility for seniors with 100 units, scheduled to open in 2014, and a town square and park. Current …
Some $1.9 million in federal ARRA money will help fund renovations in public housing.
The Athens Housing Authority, which operates more than 1,255 public housing units in Athens-Clarke County, is set to receive $1,900,000 in federal funding. The U.S. Department of Housing and Urban Development awarded more than $1.9 billion to public housing authorities across the country, with $72 million awarded to the state of Georgia. According to U.S. Department of Housing and Urban Development Secretary Shaun Donovan, the funding is a step toward addressing a $25.6 billion backlog in large-scale repair and renovation costs facing public housing authorities across the country. These improvements are those required to make housing decent and economically sustainable, including roofs replacements or updates to plumbing and electrical …