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Canton staff recommend awarding GIC point for LIHTC application to TPG Residential

Canton City Council · March 6, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

City housing staff recommended awarding the city's single Georgia Initiative for Community Housing (GIC) point to TPG Residential for a 96‑unit age‑restricted Low Income Housing Tax Credit application; Canton Housing Authority is an equity partner and the application is due in May, with awards expected in fall by DCA.

At the March 5 meeting housing staff asked council to support awarding the city's one GIC (Georgia Initiative for Community Housing) point this year to TPG Residential for a project that would renovate or develop age‑restricted units and thereby improve the applicant's competitiveness for Low Income Housing Tax…

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