Housing Authority approved $9,000,000 loan to for-profit company for Allison renovation

Housing Authority approved $9,000,000 loan to for-profit company for Allison renovation

The Housing Authority partnered with Americus Sumter Downtown Holdings to renovate The Allison. When many think of the Housing Authority, or HA, they think of low-income housing. CEO of the HA, George Edge, says that their mission is much broader. “A lot of people, I think, have the misconception that we only provide low-income housing. But that’s not fact. The fact is, we provide low-income housing, and we also provide market-rent housing.” The…