GICH Point Application
2025 Georgia Initiative for Community Housing
The Albany Georgia Initiative for Community Housing (GICH) Team has experienced significant interest from parties wishing to forward development proposals to the Georgia Department of Community Affairs (DCA) in hope of receiving funding through the Federal Low Income Housing Tax Credit (LIHTC) Program.
Applicants are judged using a highly competitive, point-based scoring system developed by DCA. Final applications for the 9% Federal Credit are due to DCA May 2025. Competitive review applications for the 4% Federal Credit are due to DCA October 2025. While the criteria and ultimate decision regarding funding lies with the state, the Albany GICH Team is afforded significant opportunity for input.
Should they so elect, the Albany GICH Team, with agreement from the City of Albany Mayor and Board of City Commissioners, may forward a letter of support endorsing one project within Albany and Dougherty County in 2025. As with other criteria, this highly coveted letter results in additional points for the submission.
The Albany GICH Team has established criteria and an associated timeline for applicants seeking the “GICH Point.” Applicants shall submit the following proposal information to the Department of Community and Economic Development.
Applications are due February 14, 2025 by 5PM
GICH Point Application(PDF, 208KB)
Please return completed applications to:
M. Angel Gray - MGray@albanyga.gov
Direct: (229)-302-1849 Fax: (229)-438-3965
240 Pine Ave. Suite 300 Albany, GA 31701
Santreia Tanksley- STanksley@albanyga.gov
Direct: (229)-302-1251 Fax: (229)-302-1259
230 S. Jackson St, Suite 315 Albany, GA 31701