(Crawford, Ga., October 1, 2026) — The U.S. Department of Agriculture Rural Development joined partners in Crawford, Georgia, to celebrate the completion of major renovations at Forrest Hills Apartments.
CAHEC Properties Corporation received financing to acquire and rehabilitate 13 affordable housing properties in Georgia. The portfolio includes 410 units across 12 counties, including Forrest Hills Apartments. CAHEC expects to complete renovations across all properties by December 2026. Project funding combines tax-exempt bonds issued by Macon-Bibb Housing Authority, USDA Section 515 and Section 538 financing, Section 521 Rental Assistance, and support from the Multifamily Preservation and Revitalization program.
“USDA Rural Development is committed to strengthening and preserving affordable housing in rural communities, and the rehabilitation at Forrest Hills Apartments reflects that commitment,” said Rural Housing Service Administrator George Kelly.
USDA Rural Development’s Multifamily Housing programs help preserve and expand affordable rental homes in rural communities. Learn more about Multifamily Housing programs, including Section 515, Section 521 Rental Assistance, the Multifamily Preservation and Revitalization program, and Section 538 guaranteed loans at rd.usda.gov/multifamily.
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