Greystone launches $168.6 million initiative to restore low-income apartments in Georgia

The effort will cost $168.6 million. It involves preserving and recapitalizing 26 properties in 17 counties that were built in the 1970s and 1980s by Atlanta-based Hallmark Cos. The units were developed under the Section 515 rural-housing program, which was created to provide low-rent housing for people over 62.