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DeKalb housing investment: officials outline bond plan that depends on half‑mill vote
Summary
County housing staff described a program that would begin with a $12M–$15M annual allocation and use bond proceeds (administration projected ~ $155M) to leverage additional funds for production and preservation; commissioners sought governance, transit integration and debt‑service details and were told the proposal depends on a separate millage vote in July.
DeKalb County’s housing leadership presented a multi‑year strategy to address affordability and homelessness that pairs an annual dedicated allocation with targeted bond issuance to accelerate projects.
Dr. Alan Ferguson, the county’s chief housing officer, said the administration envisions an initial annual allocation of $12 million–$15 million and a bond program structured to support construction, preservation and programmatic interventions. “We’re going to issue bonds that will generate somewhere in the…
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