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DeKalb official announces $12 million launch for comprehensive housing strategy
Summary
An agency official announced a $12,000,000 one-time investment to launch a countywide housing strategy and pledged an ongoing commitment beginning in 2027 to sustain the work, funded in part by a proposed modest adjustment to the county property tax millage rate.
An agency official announced a $12,000,000 one-time investment to launch a comprehensive housing strategy aimed at increasing housing availability and affordability and reducing homelessness. "This year, we're investing $12,000,000 to launch a comprehensive housing strategy," the official said, framing the funding as the start of a multi-year effort.
The official said the county will complement the launch with longer-term funding, pledging that "beginning in 2027, we'll dedicate $15,000,000 every year to continue this work and leverage additional partnerships through housing investment bonds to maximize our impact." The announcement did not include a formal vote or ordinance; it was presented as an executive funding commitment and a proposed direction for upcoming budget decisions.
The official tied the housing commitment to broader service priorities, saying sustained local revenue is needed because federal and state funding levels "are no longer supported" at previous levels. The county will consider financing tools including housing investment bonds and a proposed modest adjustment to the county's property tax millage rate to support the pledge.
Next steps were not specified in the remarks: the official gave no timetable for when the millage proposal would be introduced for public hearings or formal board action. The announcement described the funding amounts and high-level financing tools but did not include program-level details such as eligible projects, allocation rules or an implementation timeline.
