DeKalb Housing Authority outlines housing initiatives and financial strategies for community growth

The DeKalb County PECS Committee Meeting held on July 8, 2025, focused on significant developments in housing initiatives and financial strategies aimed at addressing the county's housing challenges. The meeting featured a presentation by Pete Walker, the Executive Director of the DeKalb Housing Authority, who provided insights into the authority's operations, financial status, and ongoing projects.

Walker highlighted the Housing Authority's role in administering the Housing Choice Voucher Program, which currently supports over 5,800 families in DeKalb County. He emphasized the importance of this program in providing affordable housing, noting that the average participant pays only $285 per month, while the authority covers an average of $974. This financial support is crucial for many families, particularly those on fixed incomes, as it helps alleviate the burden of housing costs.

A key point of discussion was the authority's recent financial performance. Walker explained that the authority's assets had tripled due to a recent upgrade in its credit rating by Standard and Poor's, allowing it to issue its own debt. This development is expected to enhance the authority's capacity to finance housing projects. However, he also addressed a reported deficit of $9 million for the fiscal year, attributing it to accounting practices related to bond issuance costs and interest expenses that were recognized in a single year rather than amortized over time.

The meeting also touched on various housing projects, including the Phoenix Station, which recently received its permits for 244 units aimed at low-income families. Walker expressed optimism about future developments, including a partnership with Microlife for a tiny home community, which represents a shift towards lower-density housing options in the county.

Commissioner Terry and other committee members engaged with Walker, expressing appreciation for the authority's efforts and the importance of addressing misconceptions about government assistance programs. They acknowledged the need for continued collaboration to enhance housing solutions in DeKalb County.

In conclusion, the meeting underscored the DeKalb Housing Authority's commitment to improving housing accessibility and quality for its residents. The anticipated staff report, set to be released two weeks before the next community council meeting, will provide further details on the authority's research and recommendations, paving the way for informed discussions on future housing strategies.