Albany Housing Authority approves bond - WALB.com, Albany News, Weather, Sports

Albany Housing Authority approves bond

Posted: Updated:
  • More WALB News10 HeadlinesMore News HeadlinesMore>>

  • Campaign to help adults go back to college

    Campaign to help adults go back to college

    Thursday, July 31 2014 8:55 AM EDT2014-07-31 12:55:40 GMT
    Georgia officials are teaming up with the state's universities and technical colleges to get adults back in School. The campaign will help returning students with scheduling and course selection.More >>
    Georgia officials are teaming up with the state's universities and technical colleges to get adults back in School. The campaign will help returning students with scheduling and course selection.More >>
  • Missing man with Alzheimer's Disease Found

    Missing man with Alzheimer's Disease Found

    Thursday, July 31 2014 4:34 AM EDT2014-07-31 08:34:46 GMT
    Authorities in Berrien County are searching for a man with Alzheimer's Disease that has gone missing.They say John Bethea was last seen heading south on White Pond Road in Nashville at 11 a.m.More >>
    Authorities in Berrien County are searching for a man with Alzheimer's Disease that has gone missing.They say John Bethea was last seen heading south on White Pond Road in Nashville at 11 a.m.More >>
  • Albany cheerleading team could be on reality show

    Albany cheerleading team could be on reality show

    Wednesday, July 30 2014 11:42 PM EDT2014-07-31 03:42:06 GMT
    Dr. Latonya Peterson, Assistant CoachDr. Latonya Peterson, Assistant Coach
    An Albany cheerleading team could be featured on a reality show. More than 50 girls tried out to join the two time national champion Albany Elite “Tiger Paws.”More >>
    An Albany cheerleading team could be featured on a reality show. More than 50 girls tried out to join the two time national champion Albany Elite “Tiger Paws.”More >>
ALBANY, GA (WALB) -

The Albany Housing Authority is working to improve a low-income apartment complex. The Authority passed a resolution authorizing a tax-exempt loan of up to five million dollars to renovate the Bethel Housing Complex in East Albany. The last time major work was done on the apartment complex was back in 1996.

"Well it's good, it's one of the functions of the housing authority, we haven't done much of this because of the market in Albany, some communities do a lot more, but it's a function of the authority to be able to issue these bonds in support of affordable housing properties," said Dan McCarthy, Executive Director, Albany Housing Authority.

The resolution now has to go before the city commission for their approval.

Copyright 2014 WALB.  All rights reserved.